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Indonesian omnibus law tests sustainable trade proposition

Stephen Olson Hong Kong / Fri, October 16 2020 / 01:00 am Against the law: Members of a civil society organization join a large-scale protest against the Job Creation Law in Harmoni, Central Jakarta, on Oct. 8. The House of Representatives passed the law on Oct. 5 despite public resistance. (JP/Wendra Ajistyatama) Indonesia’s newly-passed omnibus Job Creation Law aims to bolster foreign investment by...

Guide to omnibus bill on job creation: 1,028 pages in 10 minutes

World of work: Hundreds of applicants head for a walk-in interview for a bank at the Smesco Building in Jakarta in November 2019. Much of the controversy around the omnibus bill focuses on fears of existing workers, while others hope the new law will create new jobs. (JP/Wendra Ajistyatama) Esther Samboh The Jakarta Post Jakarta / Mon, February 24, 2020 / 10:07 am Last week the government...

Indonesia issues new bond series, targets $337m in debt financing

An illustration of the Rp 100,000 banknote depicts the country's first president and vice president wearing face masks. The COVID-19 pandemic has wreaked havoc on the Indonesian economy, which is projected to experience its first annual GDP contraction since the 1998 Asian financial crisis. (JP/Mecca Yumna NP) Adrian Wail Akhlas The Jakarta Post Indonesia is looking to raise Rp 5 trillion (US$337...

Indonesia gives free Bali staycations to test tourism readiness

FILE PHOTO: Travellers are seen at the Eka Karya Bali Botanical Garden amid the coronavirus disease (COVID-19) outbreak in Tabanan, Bali Province, Indonesia August 23, 2020. Picture taken August 23, 2020. Antara Foto/Fikri Yusuf/via REUTERS JAKARTA (Reuters) - Indonesia is offering free tours and staycations to 4,440 residents of its resort island of Bali, in a seven-week tourism dry-run to promote the...

Denpasar-Gilimanuk Toll road will start construction in 2021

The Bali Times February 20, 2020 Bali Governor Wayan Koster, said that the construction of the Denpasar-Gilimanuk Toll Road will begin in early 2021. The completion target of the 30-40 kilometer toll road was set to be no later than 2023. The plan was presented by the governor at the launching the Bali BPD Quick Response Code Indonesia Standard (QRIS) for SME cash and non-cash payments in front of Bali...

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