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...
- Mount Agung activity on the rise: Agency
- Government prepares Rp 94.53t in energy subsidies for next year
- Soekarno–Hatta International Airport Skytrain is officially launched
- EDITORIAL: Death of free speech
- Regtech, legal tech firms join forces in IRLA
- 19 Jambi pilgrims die of 'natural causes' during haj
- Fishermen, including from Indonesia, 'kept like slaves' in Taiwan
- Parent sends open letter to Jokowi, seeking justice for son’s death
- Garuda delays plan to purchase planes
- People are delusional about PKI: Law and human rights minister