SRIL and PBRX Issue Global Bond

Textile Stakeholders Request Strengthening Industrial Integration

Parliament Asks to Control Illegal Importation of Textiles

IKATSI Reveals Details of Import Violations

MOI Optimizes Sustainable Resources For Industrial Production

Britain Will Ban Imports From China

RPP on Industry and Trade is Less Favorable to Local

Textile Industry Optimistic Could Recover This Year

Trade Surplus, Textiles Industry Still in the Red Zone

APR Encourages Supply Chains as the Focus of the Road Map

Pakistan's Exports to Indonesia Supported by Textile Products

ARGO Optimistic Will Improve Performance in 2021

APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports

Stake Holder : Textile Industry Needs Fundamental Changes

The phenomenon of mass layoffs is increasingly rife in Indonesia, both from the textile, apparel and digital sectors. Responding to this phenomenon, economist and Director of Celios Bhima Yudhistira said that the government must immediately take swift steps to deal with the problem. "The government must immediately issue a policy package to anticipate these mass layoffs, and do not rule out the possibility that sectors that are vulnerable, for example, with an increase in interest rates, such as the property, motor vehicle and construction sectors, will make efficiency or reduce the number of employees," said Bhima to the MNC Portal. Indonesia in Jakarta, Wednesday (23/11/2022).

 

Deputy Chairperson of the Indonesian Chamber of Commerce and Industry for Regional Autonomy Development, Sarman Simanjorang, responded to the government's decision regarding the 2023 provincial minimum wage (UMP) increasing by a maximum of 10 percent through Minister of Manpower Regulation (Permenaker) No 18 of 2022. Sarman admitted that business actors were surprised by this policy. He said that his party would continue to comply with regulations regarding wage arrangements according to Government Regulation No. 36 of 2021, which is a derivative regulation of the Job Creation Law (Ciptaker).

The Regulation of the Minister of Manpower (Permenaker) Number 18 of 2022 concerning Setting the Provincial Minimum Wage (UMP) is considered very burdensome for business actors. The Indonesian Employers' Association (APINDO) will ask for a judicial review to the Supreme Court (MA) in the aftermath of this policy. Because, with the plan to stipulate a new formulation in calculating the 2023 UMP/UMK increase, it means that the government is annulling the joint efforts driven by the government itself in drafting the Job Creation Law which has been carried out with extraordinary efforts.