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Economy 1 year ago
PREMIUM
Govt cool on business calls for consumer spending stimulus
Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.
Companies 1 year ago
PREMIUM
RI companies in no rush to invest in US amid Washington reshoring push
As some countries and global firms look to invest in the US to avoid Washington’s import tariffs, Indonesian businesses remain hesitant. The Indonesian Employers Association (Apindo) sees no strong appetite for outbound investment among local companies.
Regulations 1 year ago
PREMIUM
Outsourcing ban won’t fix job market, employers say
Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking.
Economy 1 year ago
PREMIUM
Businesses fret over rising shipping costs amid US-China trade war
If China exports fewer goods to the US, he said, there will be fewer containers in the trade path between the two countries, which would reduce the availability of containers for shipments to other destinations.
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