JAKARTA: experts warn that the revised Indonesian Military (TNI) Law passed on March 20 and the subsequent social unrest could lead to economic repercussions, including an adverse impact on investor confidence.
Bhima Yudhistira, executive director of the Center of Economic and Law Studies (CELIOS), told the The Jakarta Post on Tuesday (March 25) that the law revision meant businesses “or even farmers” might have to compete with the military for jobs, particularly on government projects.
