West Java Kadin Asks Workers To Improve Their Capabilities To Avoid The Risk Of Layoffs

Photo: Doc. Antara

Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) of West Java Province, Tubagus Raditya Indrajaya, asked workers to improve their abilities, as an effort to prevent termination of employment (PHK) amid the threat of a global recession. "That's why we hope that workers must be able to improve their abilities, because we cannot prevent a very fast changing era," said Raditya Indrajaya, after the Business Gathering and signing of the MoU with the Financial Center Incorporated Sdn Bhd (Labuan IBFC Inc) Malaysia, in Bandung City, West Java, quoted from Antara, Monday, October 31. He said entrepreneurs in the labor-intensive industrial sector currently use or utilize technology in running the company's operations, such as the use of sophisticated machines that minimize human roles. The use of technology in the company's operations, which minimizes the direct touch of human hands, has an impact on layoffs of employees in a company. "So it is undeniable and coincidentally many people talk about the 2023 recession. So this is our basis or reason, we really have to prepare ourselves to face a very large disruption of change," he said. The West Java Chamber of Commerce and Industry, he said, also encouraged the government to allocate the budget used to upgrade the quality of human resources (HR). This step, he said, had been carried out by Bangladesh in the last 10 years which had an impact on positive economic growth in the country. "Because Bangladesh has succeeded in raising its human resources and sending them abroad, such as Abu Dhabi, Saudi Arabia, Malaysia, Singapore. That's a lot of people using human resources from Bangladesh. So let us upgrade ourselves and we can talk about the government to channel us," he said. Meanwhile, at the MoU event with the Labuan International Business and Financial Center Incorporated Sdn Bhd (Labuan IBFC Inc) Malaysia, Raditya Indrajaya said this MoU was to increase trade between Indonesia and Malaysia. "The MoU aims to support Labuan IPFC Inc market development activities in Indonesia, then members of the West Java Province Indonesian Chamber of Commerce and Industry can use a series of IPFC Labuan products and services," said Tubagus Raditya Indrajaya. This memorandum of understanding was signed by the Acting Chairperson and CEO of Labuan IBFC Inc, Datuk Iskandar Mohd Nuli, and the Chairman of the Indonesian Chamber of Commerce and Industry of West Java Province, Tubagus Raditya Indrajaya. This IPFC Labuan is a marketing agent for Labuan International Business and Financial Center in Malaysia. Raditya said the MoU with Labuan IBFC would help Kadin promote trade exchanges and sustainable development between Indonesia and Malaysia, especially in Labuan IBFC. "This is the first time we have worked with Labuan IPFC Inc to promote Labuan IPFC products and services to Kadin members," he said. According to Raditya, Kadin, which contains business people, especially MSMEs, will be responsible for ensuring that all businesses and industries related to Indonesia are carried out in an orderly and orderly manner. Meanwhile, Acting Chairman and CEO of Labuan IBFC Inc, Datuk Iskandar Mohd Nuli said the MoU is not only about cooperation, but includes businesses that will connect the two countries. "We are proud to be partnering with the West Java Chamber of Commerce and Industry because we are trying to penetrate the Indonesian market more, especially West Java, which has a population of 50 million people," he said. "For this purpose, we believe that the Labuan IPFC products, services and structures, as well as a simplified progressive regulatory framework and tax systems, are well suited to meet the needs of our target audience, which is currently witnessed by 300 Indonesian companies (mostly in trading). Yurisdiction, ” continued Datuk Iskandar Mohd Nuli, Iskandar said bilateral relations between Malaysia and Indonesia had developed for more than 63 years and continued to be strong. Therefore, there is a strong commitment from both sides to further strengthen and deepen existing relationships at every level and at all sectors. "Because Indonesia is now Malaysia's ninth-largest trading partner and the third-largest among ASEAN countries, this is demonstrated by the active involvement between the two sides because high-level exchanges continue to form a framework for Malaysian-Indonesian relations," he said. Labuan IBFC as Malaysia's international business and financial center currently supports more than 880 licensed companies and more than 17,000 companies. This includes companies in banking, leasing, capital markets, insurance, reinsurance, risk management and wealth management.