Here Today, Gone Tomorrow

Amid indications that more firms are relocating abroad, a review of the Fairchild case is timely. This foreign investment company from the United States upped stakes and moved to Malaysia because of Indonesian's inflexible labor policy.

January 30, 2001

It's not easy to be a good host to foreign investors. It's even more difficult to create an investment climate that's conducive to footloose firms remaining. This challenge should have been obvious when PT Fairchild Semiconductor Indonesia closed down its factory and relocated to Malaysia.

That was in 1986. Why did Fairchild take flight in an era when labor movements were 'neatly structured?' Apparently, the American company felt uncomfortable be

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