Jakarta, CNBC Indonesia- General Chair of the Indonesian Global Brand Retail Entrepreneurs Association (Apregindo), Handaka Santosa, said that the impact of the boycott of Israeli products in the FNB sector could reduce sales by up to 30% and FMCG could reach 50%.
However, Handaka hopes for government support in overcoming this condition. Handaka said that a number of entrepreneurs who licensed brands affiliated with global companies basically did not support Israel.
Apart from that, employers also hope that this condition will not become more widespread because it could have an impact on employees.
So what will the effect of a boycott of Israeli products be on the business sector? For complete details, see Safrina Nasution’s dialogue with the General Chair of the Indonesian Global Brand Retail Entrepreneurs Association (Apregindo), Handaka Santosa at the Closing Bell,CNBCIndonesia (Friday, 17/11/2023)