Indonesian President Joko Widodo’s government has submitted a draft bill that is widely known as the “omnibus law.” It aims to increase competitiveness, create jobs and make it to easier to do business in Southeast Asia’s largest economy.
The French government has announced reforms to make the country’s labor system more employer-friendly. The reforms will ease the process of hiring and firing employees and should lower unemployment and induce foreign investment.
By Rich de la Rosa, Director, Advisory Services, Americas