* Governor says QE more effective tool than rates to support
JAKARTA Indonesian President Joko Widodo came under increasing pressure to repeal his new controversial jobs law on Friday, with union and Muslim groups preparing to challenge it in court and some regional leaders publicly opposing the legislation. | Video
JAKARTA/SINGAPORE Environmentalists in Indonesia are calling for the reversal of a controversial law aimed at job creation because it is seen favouring business interests at the expense of the environment and labour.
JAKARTA Indonesian police used water cannons and tear gas on Tuesday to disperse protesters rallying against a new jobs law in two cities on the island of Java, according to a police spokesman and media reports.
JAKARTA Indonesia moved a step closer to passing President Joko Widodo's contentious "Job Creation" bill after parliament's legislation committee and government ministers on Saturday approved the latest version for a vote next week.
JAKARTA, Sept 9 Indonesia must synchronise
monetary and fiscal policies better to tackle economic pressures
caused by the pandemic, although the government does not back a
proposal for a monetary board to oversee the country's central
bank, a top minister told Reuters.
JAKARTA Indonesia's parliament will consider recommendations to overhaul how the central bank operates, raising market fears that Bank Indonesia (BI) will lose independence and its policymaking could be at risk from political interference.
* Rupiah falls on worry over BI independence, debt
* C.bank benchmark rate at 4% now, having been cut 4 times
(Adds comments by economists)
* Panel suggests GDP growth, employment added to c.bank