Ministry mulls providing companies soft loans to pay Idul Fitri bonus

Ministry mulls providing companies soft loans to pay Idul Fitri bonus

The Jakarta Post-Business·2020-04-22 11:13

The Industry Ministry is discussing the possibility of providing businesses with soft loans to enable them to pay Idul Fitri holiday bonuses (THR) asthe economic downturn is forcing companies to withhold or cut the bonus payment.

The ministry is in discussion with the central bank and the Financial Services Authority (OJK) over the matter, Minister Agus Gumiwang Kartasasmita told journalists during an online press briefing on Tuesday.

……

Read full article on The Jakarta Post-Business

SE Asia Business