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The 2023 Omnibus Law on Job Creation, officially the Act No. 6 of 2023 On the Enaction of Government Regulation in Lieu of Act No. 2 of 2022 On Job Creation into Act (Indonesian: Undang-Undang Nomor 6 Tahun 2023 Tentang Penetapan Peraturan Pemerintah Pengganti Undang-Undang Nomor 2 Tahun 2022 Tentang Cipta Kerja Menjadi Undang-Undang) is an Indonesian act which made the Government Regulation ...
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's People's Representative Council (DPR), with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for ...
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Bahasa Indonesia: UU ini mengatur mengenai penetapan Peraturan Pemerintah Pengganti Undang-Undang Nomor 2 Tahun 2022 tentang Cipta Kerja (Lembaran Negara Republik Indonesia Tahun 2022 Nomor 238, Tambahan Lembaran Negara Republik Indonesia Nomor 6841) ditetapkan menjadi Undang-Undang dan melampirkannya sebagai bagian yang tidak terpisahkan dari Undang-Undang ini.
Bahasa Indonesia: Rancangan Undang-Undang Republik Indonesia tentang Cipta Kerja (dikenal juga sebagai UU Sapu Jagat) dengan total 488 halaman, atau 814 halaman setelah disertai penjelasan, yang telah ditandatangani oleh Azis Syamsuddin.
As such, a new regulation is needed to cut the "red tape" of the Indonesian investment climate. The new proposed draft titled RUU Cipta Kerja (Job Creation Bill) was fiercely opposed by environmentalists, labour unions, and many oppositions shortly after its publication. [23] [24] [25] The first draft was proposed on 12 February 2020.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
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