Global Trade Alert
Global Trade Alert

Indonesia: Government provided export-oriented firms leeway to cut wage costs

Announcement

08 Mar 2023

In March 2023, the Minister of Manpower of Indonesia permitted the export-oriented firms to cut the work hours and wages of their employees below the requirement in the regulations to help them survive amid the ongoing global economic turbulence.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Mar 2023

Revocation date:

08 Sep 2023

Updated: 08 Mar 2023
Other export incentive

On 8 March 2023, the Minister of Manpower of Indonesia issued Regulation No.5/2023, permitting the export-oriented firms to cut the work hours and wages of their employees below the requirement in ...

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