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...
- Sandiaga vows to embrace Ahok supporters
- Man wearing condom found dead in hotel room
- Jokowi may reshuffle Cabinet: Researcher
- EDITORIAL: Transition in progress
- Retail brands from China defying stereotype to set up shop in Singapore
- France begins voting in presidential poll amid high security
- Ahok offered to assist in transition process: Anies
- Indonesia cements reserves, braces for Federal Reserve rate hike
- Indonesia does not need caliphate, MUI chief says amid social media frenzy
- Indonesian students win top honors at science competition in Germany