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View all search resultsIndonesian 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.
The latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.
Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
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