[The Straits Times] Indonesia’s Labor Laws Discourage Investment and Leave Workers Worse Off: Experts
Even so, David Welsh, country director of Southeast Asia of the Solidarity Center, a nonprofit aligned with the U.S.-based labor federation AFL-CIO, said the reforms, in the garment sector at least, risk amounting to a “race to the bottom”–slashing benefits to appease big international brands that can afford to pay. During the three months ended August–the most recent data available–Sweden’s H&M, which has manufacturing facilities in Indonesia, reported a gross profit margin of 50 percent before tax.