Koreans relocate factories due to RI’s high labor costs
Ridwan Max Sijabat
The Jakarta Post
A number of Korean investors have closed down their factories and relocated them to other countries due to the increase in labor costs in the country, a senior executive of the Indonesian Employers Association (Apindo) has said.
Apindo’s secretary-general, Suryadi Sasmita, said the Korean companies had shut down their Indonesian factories as their requests to be exempt from paying the new...
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