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View all search resultsEnvironment Minister Mohammad Jumhur Hidayat said the regulation would require around 10,000 large manufacturers to allocate funds for waste management through independent organizations known as packaging recovery organizations (PROs).
One company that had fallen victim to the war was PT Xacti Indonesia, formerly known as Sanyo, which had been axing workers since last year due to financial hardships and was forced to close shop permanently this month.
Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.
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