Indonesia to amend labor laws

Laws concerning workers’ pay and working conditions are seen to be outdated.

OCBC Treasury Research noted:

FX reserves stood at USD 110bn as of end-September, slightly higher than the USD 109bn seen in the previous month.

Meanwhile, Chief Econ Minister Rajasa said that the government will change laws concerning workers’ pay and working conditions, which are seen to be outdated at current time. This came following the huge labor strike seen in the country on Wednesday.

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