Jokowi's 'omnibus' Job Creation bill was passed three days ahead of schedule, revising over 70 existing laws.
President Joko Widodo's"omnibus" Job Creation bill was passed three days ahead of schedule, revising over 70 existing laws to accelerate reform of Southeast Asia's largest economy.
Kompas TV footage showed thousands of people protesting in Bandung, West Java, wearing face masks but without observing social distancing. People fear losing pensions and insurance if they are made contract workers for life due to the law, Sanusi told Reuters. Trimegah Securities economist Fakhrul Fulvian said banks and export-oriented industries should benefit from the law, while consumer and retail sectors may be pressured as workers may increase savings to compensate for changes in labour rules.
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