Thu, 28 Jan 2010
From: The Jakarta Post
By Riyadi Suparno, The Jakarta Post, Jakarta
Association of Indonesian Businesspeople (Apindo) chairman Sofyan Wanandi said Thursday the existing labor law had discouraged investment in labor-intensive industries.

"We in Apindo have tried to help attract investment in the labor-intensive industry. But labor-intensive industry do not come because of this law," Sofyan said during Apindo's 58th anniversary.

He further said that the government must take the initiative to amend the labor law, which had created labor rigidity in the country.

Otherwise, he said, Indonesia will lose out in the era of free trade.



News Search/Filter
Transaction Rates
19 Jun 18
Buy
Sell
AED1
3,797.72
3,797.72
AFN1
194.77
194.77
ALL1
128.49
128.49
AMD1
28.79
28.79
ANG1
7,728.66
7,728.66
AOA1
57.62
57.62
ARS1
505.21
505.21
AUD1
10,327.69
10,327.69
AWG1
7,806.22
7,806.22
AZN1
8,193.68
8,193.68
BAM1
8,287.39
8,287.39
BBD1
6,974.87
6,974.87
BDT1
165.09
165.09
BGN1
8,296.37
8,296.37
BHD1
36,926.65
36,926.65
BIF1
7.84
7.84
BMD1
13,949.74
13,949.74
BND1
9,233.39
9,233.39
BOB1
2,018.71
2,018.71
BRL1
3,722.21
3,722.21
BSD1
13,949.74
13,949.74
BTC1
94,526,898
94,526,898
BTN1
205.09
205.09
BWP1
1,349.67
1,349.67
BYN1
6,954.41
6,954.41
BZD1
6,940.70
6,940.70
CAD1
10,558.51
10,558.51
CDF1
8.64
8.64
CHF1
14,029.37
14,029.37
CLF1
600,764.29
600,764.29
CLP1
21.87
21.87
CNH1
2,158.66
2,158.66
CNY1
2,166.14
2,166.14
COP1
4.81
4.81
CRC1
24.60
24.60
CUC1
13,949.74
13,949.74
CUP1
547.04
547.04
CVE1
146.36
146.36
CZK1
629.06
629.06
DJF1
78.36
78.36
DKK1
2,177.04
2,177.04
DOP1
281.57
281.57
DZD1
119.10
119.10
EGP1
781.47
781.47
ERN1
929.95
929.95
ETB1
506.31
506.31
EUR1
16,223.35
16,223.35
FJD1
6,709.50
6,709.50
FKP1
18,494.51
18,494.51
GBP1
18,494.51
18,494.51
GEL1
5,682.03
5,682.03
GGP1
18,494.51
18,494.51
GHS1
2,959.10
2,959.10
GIP1
18,494.51
18,494.51
GMD1
295.54
295.54
GNF1
1.54
1.54
GTQ1
1,861.94
1,861.94
GYD1
66.84
66.84
HKD1
1,777.13
1,777.13
HNL1
581.45
581.45
HRK1
2,197.88
2,197.88
HTG1
211.36
211.36
HUF1
50.09
50.09
IDR1
1.00
1.00
ILS1
3,831.15
3,831.15
IMP1
18,494.51
18,494.51
INR1
204.90
204.90
IQD1
11.71
11.71
IRR1
0.32
0.32
ISK1
128.19
128.19
JEP1
18,494.51
18,494.51
JMD1
106.68
106.68
JOD1
19,625.19
19,625.19
JPY1
126.65
126.65
KES1
137.98
137.98
KGS1
204.15
204.15
KHR1
3.42
3.42
KMF1
32.87
32.87
KPW1
15.49
15.49
KRW1
12.62
12.62
KWD1
46,090.94
46,090.94
KYD1
16,739.44
16,739.44
KZT1
41.07
41.07
LAK1
1.65
1.65
LBP1
9.24
9.24
LKR1
87.29
87.29
LRD1
98.77
98.77
LSL1
1,028.86
1,028.86
LYD1
10,275.89
10,275.89
MAD1
1,465.59
1,465.59
MDL1
832.79
832.79
MGA1
4.12
4.12
MKD1
263.49
263.49
MMK1
10.20
10.20
MNT1
5.78
5.78
MOP1
1,725.54
1,725.54
MRO1
39.18
39.18
MRU1
390.74
390.74
MUR1
398.92
398.92
MVR1
905.24
905.24
MWK1
19.33
19.33
MXN1
678.61
678.61
MYR1
3,489.80
3,489.80
MZN1
234.71
234.71
NAD1
1,028.86
1,028.86
NGN1
38.73
38.73
NIO1
441.15
441.15
NOK1
1,717.03
1,717.03
NPR1
128.16
128.16
NZD1
9,668.03
9,668.03
OMR1
36,232.44
36,232.44
PAB1
13,949.74
13,949.74
PEN1
4,252.17
4,252.17
PGK1
4,269.01
4,269.01
PHP1
261.42
261.42
PKR1
116.41
116.41
PLN1
3,769.08
3,769.08
PYG1
2.45
2.45
QAR1
3,831.29
3,831.29
RON1
3,475.70
3,475.70
RSD1
137.40
137.40
RUB1
220.06
220.06
RWF1
16.07
16.07
SAR1
3,719.46
3,719.46
SBD1
1,763.55
1,763.55
SCR1
1,029.09
1,029.09
SDG1
772.66
772.66
SEK1
1,581.63
1,581.63
SGD1
10,323.37
10,323.37
SHP1
18,494.51
18,494.51
SLL1
2.21
2.21
SOS1
24.22
24.22
SRD1
1,867.93
1,867.93
SSP1
107.08
107.08
STD1
0.66
0.66
STN1
659.09
659.09
SVC1
1,594.25
1,594.25
SYP1
27.08
27.08
SZL1
1,030.35
1,030.35
THB1
426.93
426.93
TJS1
1,534.95
1,534.95
TMT1
3,985.65
3,985.65
TND1
5,383.93
5,383.93
TOP1
6,106.85
6,106.85
TRY1
2,962.82
2,962.82
TTD1
2,069.76
2,069.76
TWD1
462.28
462.28
TZS1
6.12
6.12
UAH1
529.74
529.74
UGX1
3.62
3.62
USD1
13,949.74
13,949.74
UYU1
441.12
441.12
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.61
0.61
VUV1
129.67
129.67
WST1
5,425.05
5,425.05
XAF1
24.73
24.73
XAG1
230,616.86
230,616.86
XAU1
17,875,582.22
17,875,582.22
XCD1
5,161.69
5,161.69
XDR1
19,685.84
19,685.84
XOF1
24.73
24.73
XPD1
13,851,676.98
13,851,676.98
XPF1
135.95
135.95
XPT1
12,341,959.75
12,341,959.75
YER1
55.72
55.72
ZAR1
1,020.47
1,020.47
ZMW1
1,401.36
1,401.36
ZWL1
43.27
43.27
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services