Jakarta, Sept. 4 -- Coordinating Minister for Economic Affairs Airlangga Hartarto has appealed to businesses to hold off on layoffs in the face of current economc challenges.

Speaking at a dialogue with members of the Indonesian Chamber of Commerce and Industry (Kadin), Airlangga said companies should prioritize sustainability over short-term profit and loss calculations.

"The government hopes that Kadin entrepreneurs, who have been trained in Magelang with the spirit of Mount Tidar, will not resort to layoffs. Any single layoff contradicts the spirit of Tidar," Airlangga said at the Kadin Tower in Jakarta on Thursday.

Responding to the remarks, Kadin Chairman Anindya Bakrie underlined the importance of creating new jobs to support eco...