Omnibus Bill: Not to Forsake Labor Productivity

Instead, with good policies focusing on investments in human capital, the economy will be able to gain more from inflows of quality FDI. Policies in this area include the improvement of labor productivity through more efforts in education, upskilling and reskilling program, internship program, and worker certification.

In light of these, the House needs to pay extra attention on the costs and benefits of passing the proposed omnibus bill. While there is a need to ease labor rigidities in the economy, it should not forsake the future of labor productivity.