Indonesia's Omnibus Bill: Focusing on a cure for economic ills

Jakarta

FACING slowing economic growth and falling foreign direct investments in the manufacturing sector, the Indonesian government is betting on a new Big Bang approach that it hopes will revive the manufacturing sector and create millions of new jobs.

As the world braces for the full economic and social impact of the coronavirus outbreak, the Indonesian parliament will begin deliberations on the Omnibus Bill, which encompasses more than 1,000 pages, against a backdrop of a rising public opposition.

According to Douglas Ramage, managing director of Bower Group Asia, Indonesia's public discourse has shifted very quickly from religi…

A NEWSLETTER FOR YOU

Friday, 8.30 am

Asean Business

Business insights centering on South-east Asia's fast-growing economies.

Sign Up