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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...

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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...

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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...

Seratus Ribu Rupiah

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...

2020 09 24t094105z 1 Lynxnpeg8n0ry Rtroptp 4 Health Coronavirus Indonesia Bali.jpg.e86dabf7100b6d9f89333b659c76f599

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...

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