October 7, 2024
4 mins read
Indonesian Textile Industry Faces Challenges As Layoffs Surge
Indonesia’s once vibrant textile industry which has been a mainstay of the nation’s manufacturing base for many years, has lately been struggling as latest statistics show high levels of redundancy. The Department of Manpower states that the total number of workers laid off during the course of January to August 2024 as 46,240, showing an […]
3 mins read
Indonesia Breaks Ground On First Foreign Investment In New Capital Nusantara
In a historic moment for Indonesia’s Nusantara development plan, the president, Jokowi, tendered the first foreign direct investment in the new capital. The construction was officially launched on Wednesday in a ceremony involving a landmark project that is being funded by a Chinese property company. This event is a landmark in the way that Indonesia […]