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Indonesia'S Short-Term Incentive Policy To Ensure That Shoe And Garment Enterprises Do Not Lay Off Workers

Indonesian Minister of industry Sida said that by providing short-term incentive policies, the government promised no layoffs until the end of next year. The preferential tax policy will be provided to 5 labor-intensive industries, including textile industry, garment industry, slippers industry, furniture and toy industry. He said that more than 1000 enterprises were entitled to tax concessions.