Tuesday, October 6, 2026English edition
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Country risk, from the local press

Indonesia · Country watch

Job Protection Bill Passed, IHSG Rises

Indonesia passes a comprehensive job protection bill; IHSG rises following Asian market trends.

· · 3 sources

The picture Stable

Business conditions in Indonesia remain stable as a new job protection bill is passed, and the IHSG rises. The wage subsidy supports workers' purchasing power.

In this briefing Indonesian Ministry of Manpower · Indonesian Ministry of Finance · Indonesia Stock Exchange

Regulation

  • public-sector
  • manufacturing
  • retail

Job Protection Bill Passed with 313 Articles

Indonesia's comprehensive job protection bill, containing 23 chapters and 313 articles, has been finalized, Liputan 6 reports. The bill addresses various aspects of employment, including worker rights, job security, and employer obligations. It aims to enhance the labor market by providing clear guidelines for both employers and employees. This legislative move is expected to impact multiple sectors, particularly manufacturing and retail, by establishing more robust frameworks for employment practices.

Impact Employers in manufacturing and retail must adapt to new job protection regulations, affecting workforce management.

Sources: Liputan 6 ↗

  • public-sector

Government Disburses Rp900,000 Wage Subsidy

The Indonesian government has started disbursing a wage subsidy of Rp900,000 to 13.3 million workers for the fourth quarter of 2026, according to okezone.com. This initiative aims to support workers' purchasing power amid economic challenges and is part of broader efforts to stimulate domestic consumption. The subsidy will be distributed over the October-December period, providing financial relief to eligible employees.

Impact 13.3 million Indonesian workers receive financial relief through a government wage subsidy, boosting purchasing power.

Sources: okezone.com ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

IHSG Rises Following Asian Market Trends

The Jakarta Composite Index (IHSG) closed higher on Monday, following gains in Asian markets, ANTARA News reports. The rise is attributed to dovish expectations from the U.S. Federal Reserve, which influenced investor sentiment positively. This upward movement in the IHSG reflects broader market optimism and aligns with trends seen across other Asian stock exchanges.

Impact Investors in Indonesian equities see gains as IHSG rises, influenced by positive Asian market trends.

Sources: ANTARA News ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Indonesia

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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