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Will global pharmaceutical companies evacuate from Indonesia?

Published: 2016-06-24 13:47:54
Updated: 2016-06-24 13:47:54

Many global pharmaceutical companies were recently known to evacuate their factories from Indonesia. The main cause of the phenomenon was interpreted as the lowered economic growth of Indonesia, which is similar to the global companies’ Korean evacuation 10 years ago.

Recently, Sandoz laid off 200 of 300 factory workers at its Indonesian factory. Novartis also decided to fire 100 of 300 employ...

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