Indonesian Political, Business & Finance News

Archive: 8 October 2015

3 articles found

Investment in service: Model as important as money

With the weakening of the rupiah and the economic slowdown throughout the year, investment has become a strategic area for the government to focus more on. To accelerate investment, the President has instructed a cut in all interlocking regulations that create bottlenecks in the investment pipeline.

Ten Office Boys Per Foreigner? Indonesia 'Explains' New Labor Law

Indonesia requires 10 locals to be hired per foreign worker. Non-resident foreign company directors need work permits. For companies worried about a new Indonesian law requiring 10 locals to be hired for every foreigner, the government has a workaround: stock up on drivers and “office boys” to...

Can Jokowi Deliver on Ambitious Reforms?

As the first anniversary of the newly elected government approaches, Indonesian president Jokowi is finally stamping his authority to overcome the inertia that has seemingly gripped the policy makers. The initial euphoria of the people’s president coming to power and doing the unthinkable...