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View all search resultsmanufacturing-industry
Archipelago 1 year ago
PREMIUM
Union calls for swift govt action to aid workers of bankrupt Sritex
The KSPI has called for immediate government measures to help the thousands of workers potentially at risk of layoffs by the textile giant's bankruptcy declaration, adding that the union is ready to provide them with legal support in the worst-case scenario.
Economy 1 year ago
PREMIUM
Low productivity, not imports, hurting local manufacturing competitiveness: Airlangga
“The problem is not always [influxes of foreign goods]. The problem is more fundamental; it’s capital expenditure [capex]. If an industry does not fix its capex, it will be automatically outcompeted,” the coordinating economic minister said on Monday.
Economy 1 year ago
PREMIUM
Independence Day helps retailers capitalize on rising consumer confidence in August
Retail sales show a significant upward trend in August on a rise in consumer confidence attributed to Independence Day celebrations, according to preliminary BI data, notwithstanding weakening manufacturing sector activity.
Economy 1 year ago
PREMIUM
Layoff risks loom as manufacturing PMI slips further
Indonesia’s manufacturing purchasing managers' index (PMI) points to further contraction in factory activity in August on the back of diminishing sales, forcing some firms to reduce their workforces despite their hopes for the coming year.
Economy 1 year ago
PREMIUM
Manufacturing contraction a ‘warning’ sign for policymakers
Politicians have pointed fingers, analysts have noted cause for concern and business representatives have called for concrete measures after 34 consecutive months of expansion in manufacturing activity came to an end in July.
Markets 1 year ago
Indonesia launches new phase of industrial park in bid to lure investors away from China
The Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.
