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Third of key industries forced to close

Source
Agence France Presse - November 6, 1998 (abridged)

Jakarta – More than a third of Indonesia's key electronics, machinery, chemical and metal-based industries have been forced into temporary closure by the economic crisis, a report said here Friday.

A survey conducted by the trade and industry ministry's directorate general for metal, machinery, electronics and miscellaneous industries found that 34.4 percent of 163 companies interviewed between July and October this year had been forced to shut down temporarily, the Jakarta Post reported. Of the remaining companies, 28.3 percent said they had laid off workers, 30.7 percent had reduced the number of work days, and 31.3 percent had cut the number of shifts.

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