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. Labour unions have welcomed the measure as a step towards fair wages and economic equity, though employers warn of potential inflationary pressures and operational