With Singapore’s economy expected to rebound this year, manufacturers there are gearing up to invest more in Indonesia to capitalize on the archipelago’s large labor pool and robust growth, the head of the Singapore Manufacturers’ Federation said on Friday.“Indonesia is becoming a more and more attractive place for us to invest in,” Renny Yeo said. “We can take advantage of Indonesia’s large population.”
The federation is made up of more than 2,000 Singaporean manufacturing companies. Full Story
