Page 499 - e-KLIPING KETENAGAKERJAAN 7 OKTOBER 2020

Also read: Indonesian Government Coalition Set to Pass Controversial Jobs Bill The investors,
which manage $4.1 trillion in assets between them, also expressed concerns over the bill's effect
on the environment.

"The legislation could hamper efforts to protect Indonesia's forests, which would in turn
undermine global action to tackle biodiversity loss and slow climate change," they added.

"While we recognize the necessity for reform of business law in Indonesia, we have concerns
about the negative impact of certain environmental protection measures affected by the Omnibus
Bill on Job Creation." Also read: Indonesian Police Anticipate Labor Protests Against Jobs Bill
The Indonesian government passed the bill in parliament as President Joko Widodo's coalition
government controlled 74 percent of the seats. The legislators claimed the bill is needed to
improve the investment climate and streamline regulations in Southeast Asia's biggest economy.

The opposition Democrat and Social Justice (PKS) parties, along with a coalition of 15 civil society
and labor groups, including trade unions, opposed the bill. They pledged to strike and protest in
front of parliament.

(Writer: Luthfia Ayu Azanella | Editor: Rizal Setyo Nugroho)

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