Law on job creation will benefit MSMEs: observer 15th December 2020
An MSME business in Batam, Riau Island. The Law on Job Creation will encourage many young people to become entrepreneurs and open their own MSME-scale businesses, an expert has said. (ANTARA/ Naim) Jakarta (ANTARA) - Law Number 11 of 2020 on Job Creation will significantly benefit micro, small, and medium enterprises (MSMEs) and encourage opening of new businesses by easing the licensing process, an expert has said. More of our workforce is absorbed in the informal sector than the formal sector. This means the law (will help) creates MSMEs by easing (the) licensing process. So, many people and millennials can open MSME-scale businesses, ” Emrus Sihombing from Pelita Harapan University (UPH) said in a written statement issued here on Tuesday.