Indonesian Political, Business & Finance News

Archive: 1 December 2024

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Prabowo Announces 6.5% Increase in 2025 National Minimum Wage

President Prabowo Subianto has announced a 6.5% increase in Indonesia's national minimum wage for 2025, exceeding the initial 6% proposal from the Manpower Ministry. The policy aims to bolster workers' purchasing power amid rising living costs whilst balancing employer concerns about business sustainability and investment uncertainty.