OJK: 20 Online Loan Providers Have Not Met Minimum Equity Requirement
Financial Services Authority (OJK) said 20 online loan companies have not met the minimum capital requirement of at least Rp2.5 billion.
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Financial Services Authority (OJK) said 20 online loan companies have not met the minimum capital requirement of at least Rp2.5 billion.
The Labor Party and labor unions expressed support towards workers who recently protested against the hike in 2014 minimum wage at below 15 percent.
The workers are demanding the provincial government of Jakarta revise the 2024 minimum wage hike to 15 percent.
Bima Yudhistira believes the minimum wage hike of 3.38 percent in Jakarta was still too small.
Jakarta's 2024 minimum wage is now Rp5,067,381; a 3.6 percent increase from UMP 2023.
Labor Party President Said Iqbal declared that the workers will go on strike if the government insists on raising the 2024 minimum wage below 15%.
Jakarta Wage Council will convene today, Friday, November 17, to decide the new provincial minimum wage or UMP for 2024.
Workers joining the Indonesian Welfare Labor Confederations (KSBSI) staged a demonstration in front of Jakarta City Hall today, demanding a wage hike.
The Labor Party President Said Iqbal said that workers were determined to stage a wave of demonstrations across the archipelago from October 27, 2023.
Jakarta Governor says that the matter needs to be discussed first.
Workers push the Indonesian govt to make an immediate decision on their demands for a 15 percent increase in the minimum wage for 2024.
The Indonesian Employers' Association (Apindo) chair Shinta Kamdani responded to the workers' demand for a 15 percent increase in the minimum wage.
Manpower Minister Ida Fauziyah responds to the labor organizations' demand to increase the minimum wage by 15% in 2024.
Indonesian Deputy Manpower Minister Afriansyah Noor responds to the demand for a 15-percent raise in the 2024 minimum wage voiced by workers.
Workers staging a protest today in Central Jakarta, demands President Jokowi raise the minimum wage by 15% in 2024.
Laborers argued that permissible wage cuts regulated in new Minister of Manpower Regulation is a form of legalized labor welfare degradation.
Manpower Minister Ida Fauziyah allows companies in export-oriented labor-intensive industries to cut their workers' wages in conditions.
The Jakarta provincial government issued Governor's Decree No. 1153 of 2022 concerning the 2023 Jakarta provincial minimum wage or UMP at Rp4,901,798.
Labors from various trade unions gather in front of the Jakarta City Hall to demand higher wage increase.
Indonesian Workers Union Association (ASPEK Indonesia) urged Jakarta Acting Governor Heru Budi Hartono to revise the policy on the 2023 minimum wage.