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  • News_MinimumWages2022 News

    Minimum wages in Indonesia will rise moderately in 2022

    For many foreign companies, Indonesia is a location for low-cost contract manufacturing. When considering the general investment environment, the minimum wage is an important factor. There are currently only about 70 German manufacturing companies in the country. According to the local Chamber of Commerce and the Indonesian investment authority BKPM, several are currently preparing to relocate production from China.

  • News_Indonesia'sEconomy2022 News

    What to expect for Indonesia’s economy in 2022

    The ongoing COVID-19 pandemic, RCEP, and the country’s focus towards digital economy, green economy and the down streaming of commodities are some of the main topics revolving around Indonesia’s economy as the world’s third largest democracy moves into 2022.