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The Indonesian goverment has adjourned the deadline for policy makers at all 33 provinces to decide the hike of minimum wages, a measure aims at boosting the working capacity of workers, a minister said here on Tuesday.
Indonesian Labor Minister Muhaimin Iskandar said that the deadline would be extended to Nov. 25 from the previous dead of Nov. 20.
This means that the real deadline will be on Friday, Nov. 23, as the Nov. 25 is holiday, according to R. Irianto Simbolon, director general for industrial relation and social security at the labor ministry.
Growing economy has accelerated inflation in the Southeast Asia 's largest economy, which makes the cost of living increase.
The government has allowed policy makers in each province to determine the hike of minimum salaries in their territories for next year.
The Southeast Asia's largest economy has boost its competitiveness in bussiness, as the government has made significant improvements on regulations and infrastructures.
The government has built strong economic fundamentals amid emerging middle class and growing wealth among the 238 million population that put the country on investment grade status recently by Moody's and Fitch's helping lurring foreign funds.
Growing investment and huge household consumption have offsett decline on exports amid global economic slowdown.
The country's GDP has expanded by more than 6 percent in a raw in eights months without a shift, according to the national statistic bureau.
