November 10, 2020, 06.05 PM

JAKARTA, – The Minister of Industry is exploring options to prevent coronavirus pandemic-induced mass layoffs in Indonesia.

Minister Agus Gumiwang Kartasasmita and his team have offered one solution to the industrial sector: allow industries to operate throughout the pandemic by adhering to health protocols.

“We have to make sure that industries continue to operate. From the start, we have been spinning our brains trying to figure out a solution that will allow industries to operate amid this pandemic.”

Read also: Indonesian Employers Warn of Mass Layoffs Ahead of Wage Hikes in 2021

Agus said that allowing industries to operate as normal will reduce the likelihood of mass layoffs in Indonesia and the chance of enforcing work-from-home arrangements.

The Minister thus expects economic activities to resume, supporting national economic recovery efforts.

However, Agus has hope that investments will absorb the labor force and minimize the chances of mass layoffs in Indonesia.

“We are fully aware that allowing industries to operate will avoid mass layoffs in Indonesia. But there is a present surprise which is that investment flows will cushion the labor market.”

Read also: Joe Biden Presidency Raises Indonesia’s Foreign Investment Outlook

Investment in the industrial sector increased by 37 percent year on year amounting to Rp 201.9 trillion during January-September 2020.


Latest Video Video Lainnya >

Comment wisely and responsibly. Comments are entirely the responsibility of the commentator as regulated in the ITE Law
Thank You! We have received your report. We will remove comments that conflict with the Community Guidelines and the ITE Law.

More Headlines

November 28, 2022, 05.16 PM

Death Toll from Indonesia Quake Rises to 321

November 24, 2022, 05.14 PM

Malaysia: Opposition Leader Anwar Ibrahim Named PM

November 18, 2022, 10.31 PM

Indonesia Reports over 6,600 Daily Covid-19 Cases

November 18, 2022, 09.57 PM

6.9-Magnitude Quake Strikes Off Western Indonesia

November 17, 2022, 05.34 PM

Indonesia, China Renew Economic and Trade Expansion Pact

Close Ads