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View all search resultsThe government and the House of Representatives passed on Monday the controversial omnibus bill on job creation into law, sooner than its initial plan of Thursday, despite mounting opposition to the bill over its feared impact on the environment and labor rights.
Among 35 investors to sign the letter, a copy of which was seen by Reuters, were Aviva Investors, Legal & General Investment Management, the Church of England Pensions Board and Netherlands-based asset manager Robeco.
The National Police have issued a telegram urging every regional police department to participate in the effort to maintain control over any protests surrounding the final deliberation of the controversial omnibus bill on job creation.
Labor unions and civil rights groups plan to take to the streets once again to protest against the controversial job creation omnibus bill as the House of Representatives and the government have decided to pass it into law in Monday’s plenary session.
The House of Representatives Legislation Body (Baleg) and the government have agreed to pass into law the controversial omnibus bill on job creation in the next plenary session on Oct. 8, despite mounting opposition from members of the public – including labor groups – in recent months.
The government and the lawmakers also agreed to change the maximum severance pay scheme in which the government also covers the payment under a newly established unemployment insurance (JKP), which will reduce the amount paid by companies.
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