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MANUFACTURING INDUSTRY

Mass severance of layoffs in the export-oriented, mass labor-absorbing manufacturing industry is expected to continue in 2023 due to weakened demands from overseas markets amidst economic uncertainty.

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Mass Employment Layoffs Feared to Persist

Mass severance of layoffs in the export-oriented, mass labor-absorbing manufacturing industry is expected to continue in 2023 due to weakened demands from overseas markets amidst economic uncertainty.

Basic Problems Should be Overcome to Prevent Deindustrialization

The presence of industrial estates and special economic zones can encourage the spread of value-added industries. However, the government still needs to accelerate the development of these areas.

Manufacturing Exports and Imports

For Indonesia, the most relevant factor is the growth rate of the two world giants, the United States and China. They greatly affect the country’s export and import activities.

Economic Recovery Moves on

The economic recovery is evidently taking place. The question is how strong it is. It looks quite strong at the macro level, but at the micro level?

Commodities Supercycle

The 2004-2012 global commodities cycle helped lift Indonesia from the 1997-1998 economic contraction as a result of the Asian financial crisis. Will it happen again?

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New Normal In Manufacturing Industry

The operation of the manufacturing industry is very important for logistics supply and employment. However, more careful handling is needed for the adoption of the new normal.

Growing the Manufacturing Industry

Businesses Employ Average of 3-4 Workers

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