Indonesia’s rising labour costs could discourage investment - OBG

Indonesia’s rising labour costs could discourage investment

Although external commodity price shocks and the declining value of the rupiah are the macro-economic trends dominating headlines about the Indonesian economy, some foreign investors still view labour policy and rising wages as greater challenges.
Unexpected trade surpluses of $42m in October and $130m in August were rare sources of good news across the second half of 2013. However, they were overshadowed by concerns that the current account deficit could hit $31bn by the end of the year, ... Read more.

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