To overcome the fallout from the pandemic, Indonesia has urged fellow ASEAN member countries to accelerate digitalisation.
Out of the six leading economies in Southeast Asia, three countries are expected to expand in 2021, while others will struggle to recover.
Manufacturing, the largest contributor to the country's GDP, will play a big role in economic recovery, and government support will be key.
The top 10 countries expected to see the largest real salary increase are from the Asia-Pacific region.
State-owned airline Garuda Indonesia and train operator Kereta Api Indonesia (KAI) are pivoting their businesses to logistics as the pandemic wears on.
With Indonesia falling into its first recession in 22 years, an increasing number of workers are being laid off without pay.
Over 130 CHROs attended CHRO Indonesia, which examines issues such as how HR tech will impact the workplace in 2021.
The pandemic has caused some 2.56 million people to lose their jobs, raising Indonesia’s open unemployment rate to its highest since 2011.
Central Java governor Ganjar Pranowo has announced plans to raise the minimum wage for the province for 2021 by 3.71%.
The Law was passed amidst fierce opposition over its feared impact on the environment and labor rights in Indonesia.
The Indonesian government is also pushing ahead with a proposed new bill that will make the country more investor-friendly.
Critics say that the proposed bill will cut severance benefits and revise rules on outsourcing, while having a negative impact on the environment.
A 3-week bootcamp organised by the Indonesian government aims to help prepare SMEs to go digital, an initiative key to the country's economic recovery.
Consumer sentiment continues to be downbeat as South-East Asia’s largest economy struggles with the financial impact of COVID-19.
Both workers and businesses will benefit from the stimulus programmes introduced by the Indonesian government.
The job creation Bill will make it more attractive for foreign companies to create jobs in the country which has seen record unemployment rate.
Indonesia, which has the highest number of COVID-19 cases in Southeast Asia, is reeling from the impact of the COVID-19 pandemic.
Infrastructure and cost issues are hindering the efforts of SMEs trying to go digital, said the Indonesian government.
A national programme will raise the profile of SMEs in Indonesia, while reducing the country’s reliance on imports.
This comes three months after cutting 25% of its senior management pay and all budgeted salary increases for the year.
The Indonesian government also predicted 4 million to 5.5 million people will lose their jobs this year due to the COVID-19 pandemic.
Workplaces, places of worship and grocery stores are allowed to open with strict health guidelines such as having to operate at 50% capacity.
Investment will help grow South-east Asia’s digital economy and accelerate digital payments adoptions among small businesses.
The pandemic has brought the largest Southeast Asian economy to a standstill, with businesses having to shut down and lay off their employees.
The Indonesian hide hailing firm will also cut all budgeted salary increases for the year with the consent of its full-time employees.
While digital usage in Indonesia is among the highest in the world, digital literacy is still relatively low. And Gojek plans to help improve that.
The companies are recognised for their business integrity and corporate citizenship after being named in the 2020 World’s Most Ethical Companies list.
Employees from the three Asia Pacific nations are the most optimistic in the world according to the LinkedIn Opportunity Index 2020.
Singapore is the sole Asian nation in the top 10 of the 2020 Global Talent Competitiveness Index (GTCI) launched by INSEAD.
Several thousands of workers in Indonesia held a rally to protest against the proposed changes to the labour law, which is seen as a barrier for foreign investment.