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Tax Deductions to Boost Human Capital Investment
Enny Sri Hartati
The Institute for Management Development’s 2018 survey has ranked Indonesian workers fourth in ASEAN in terms of competitiveness. This is not only alarming, but is also a serious threat, because the integrated ASEAN Economic Community (MEA) applies not only to free trade, but also the labor market.
If this is not improved immediately, Singapore, Malaysia and Thailand could invade the Indonesian labor market. The causes include low education and a mismatch between education and industry needs.