JAKARTA – An Indonesian trade group warns that upwards of 70 per cent of the country’s garment factories could be forced to permanently close in the coming months as they’re crippled by dwindling orders and no financial support.
“We have cash flow difficulties because even though we have no income, we still have to pay penalties to the state electricity and gas companies while also paying our workers’ social security fees,” said Redma Gita, secretary general of the Indonesian Filament and Fiber Producers Association (APSyFI).
