JAKARTA, Indonesia – Indonesia’s parliament on Tuesday, March 21, passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures2020 Jobs Creation law
Tuesday’s passage of the decree meant most of the changes brought about by the law would stay, with some small changes on labor rules. The Labour Party, which currently has no seat in parliament but plans to contest the 2024 elections, opposed the passage, with some 300 members rallying to protest the new law near the manpower ministry office.
Chief economic minister Airlangga Hartarto said the new law removed a legal vacuum and was necessary for the country amid global challenges ranging from slowing growth, climate change, the war in Ukraine, to“The job creation decree is a measure to mitigate global crises…. [It] prevents problems from spreading and global vulnerabilities affecting the national economy,” Airlangga told parliament after the passage.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Palafox to chair business conference and expo of PCCI this year–Barcelon | Andrea E. San JuanThe Philippine Chamber of Commerce and Industry (PCCI) said Principal Architect and Urban Planner Felino Palafox Jr. will lead this year’s 49th Philippine Business Conference and Expo (PBC&E). PCCI President George T. Barcelon announced the selection of Palafox following an executive session by the PCCI Executive Committee that “unanimously voted”…
Source: BusinessMirror - 🏆 19. / 59 Read more »
Lamudi Broker Awards Night 2023 recognizes the backbone of the real estate industryFor the first time since 2019, Lamudi's Broker Awards Night 2023 makes a grand in-person comeback to gather and recognize real estate professionals across the country who have answered the call of duty amid the Covid-19 pandemic.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Kidnapping in Pogo industry still ‘unabated,’ says GatchalianKidnappings related to Pogos remain “unabated” even as authorities promised that criminalities tied to the industry have already been addressed, according to Senator Sherwin Gatchalian. | BPinlacINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Palace: Smuggled sugar had to be sold to protect sugar industry, farmersMalacañang explained that the smuggled sugar donated to Kadiwa Centers had to be sold and not be given for free, in consideration of the interest of sugar producers and small farmers. ManilaBulletin balik puhunan🤣
Source: manilabulletin - 🏆 25. / 51 Read more »
SEA countries in a race to incentivize EV industry | BMPlusNon-government Organization and climate advocate ‘Clean Air Asia’ pushed for a policy-oriented method to help elevate the air quality in the Asia Pacific as the Philippines’ air quality does not meet the standards of the WHO. Know more:
Source: BusinessMirror - 🏆 19. / 59 Read more »