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Jokowi meets with Pompeo, seeks to secure GSP extension for Indonesia

US Secretary of State Mike Pompeo talks with Indonesian President Joko Widodo during their meeting at the Presidential Palace in Bogor, Indonesia, on Oct. 29, 2020. ( Indonesian Presidential Palace/ Muchlis Jr ) Tri Indah Oktavianti The Jakarta Post Jakarta   /   Thu, October 29, 2020   /   07:13 pm Indonesia has sought to extend the trade perks under the United States' trade preference...

Jokowi urges regional leaders to control inflation, boost spending to revive consumption

President Joko “Jokowi” Widodo (left) shares a light moment with Bank Indonesia (BI) Governor Perry Warjiyo on the sidelines of the annual BI meeting in Jakarta on Nov. 28, 2019. (Antara/Aditya Pradana Putra) Adrian Wail Akhlas The Jakarta Post Jakarta   /   Fri, October 23, 2020   /   04:44 pm The country had to keep inflation at a “balanced point”, Jokowi said, so that...

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...

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