Economics

Indonesia Mulls Minimum Wage Boost Amid Protests: Southeast Asia

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Indonesia may boost the average minimum wage by as much as 50 percent next year as labor groups demand higher pay amid economic growth that has exceeded 6 percent for eight straight quarters.

The government may raise the lowest required compensation to 2 million rupiah ($208) a month, Industry Minister Mohamad S. Hidayat said yesterday in Jakarta. That would be an average, he said, as living costs vary among provinces. The Confederation of Indonesian Labor Unions is seeking an increase to 2.5 million rupiah from 1.5 million rupiah, Andi Gani Nena Wea, the group’s president, said in an interview.