Furniture Producers Relocate to Vietnam Due to Cheap Labor Costs, Business-Friendly Regulations

Jakarta. Six foreign furniture companies with combined annual exports of $300 million have relocated their factories to Vietnam from Indonesia over the past 18 months due to cheaper labor costs and lax business regulations. “With our competitiveness weakening, and the cost of production here more expensive, [furniture companies] prefer Vietnam,” said Abdul Sobur, the deputy chairman for

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The Center for Food and Agri Business is proud to offer the digital format of the publication, Food and Agri Business Monitor (FAM).  Released twice a month, the FAM features industry articles with colorful infographics and updates as well as commentaries from agribusiness experts. The FAM also monitors monthly prices such as regional and Metro

Federal Land Development Authority (FELDA)

Federal Land Development Authority (FELDA) 33 per cent stake, as the single largest shareholder in Felda Global Ventures Holdings Bhd (FGV) is now represented with the appointment of three new directors (New Straits Times, July13, 2017). FGV is the world’s largest palm oil producer and oil palm plantation operator, based on planted hectares. You can read