The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering implementation of cost-cutting measures to shoulder the 44 percent hike in minimum wages.
The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering #
In spite of severe pressure from the city’s manufacturing and textile enterprises to keep the wage hike to a minimum, Jakarta Governor Joko Widodo nodded to affect a 44 percent hike in the minimum wage, taking it to Rp 2.2 million or US$ 229 per month.
The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering #
Being labour-intensive, the textile sector would be the worst impacted by wage hike, according to API.
The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering #
Speaking at a press meet, API secretary-general Ernovian G. Ismy said they have learnt from the overseas textile firms in Jakarta that they are considering to cut about 100,000 jobs.
The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering #
The secretary-general forewarned that increased wages may affect the competitiveness of the Indonesian textile industry.
The Indonesia Textile Association (API) has sounded caution that around 100,000 jobs are at stake as several textile firms in Jakarta are considering #
Fibre2fashion News Desk - India
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