{
    "success": true,
    "data": {
        "id": 1342609,
        "msgid": "boatmakers-face-bankruptcy-1447893297",
        "date": "2003-03-17 00:00:00",
        "title": "Boatmakers face bankruptcy",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Boatmakers face bankruptcy INDRAMAYU, West Java: No less than 150 boatmakers here will have to stop production due to a lack of teak supply. A number of craftsmen said they had not been supplied with teak for the last four months. \"If the situation does not change, many of us will go bankrupt,\" Moch. Surdja, coordinator of the craftsmen, said over the weekend. The boat industry is concentrated in the villages of Pagirikan and Pasekan, Sindang district.",
        "content": "<p>Boatmakers face bankruptcy<\/p>\n<p>INDRAMAYU, West Java: No less than 150 boatmakers here will<br>\nhave to stop production due to a lack of teak supply.<\/p>\n<p>A number of craftsmen said they had not been supplied with<br>\nteak for the last four months.<\/p>\n<p>\"If the situation does not change, many of us will go<br>\nbankrupt,\" Moch. Surdja, coordinator of the craftsmen, said over<br>\nthe weekend.<\/p>\n<p>The boat industry is concentrated in the villages of Pagirikan<br>\nand Pasekan, Sindang district.<\/p>\n<p>Surdja said certain suppliers from the neighboring town of<br>\nCirebon offered teak at Rp 1 million per cubic meter, Rp 300,000<br>\nabove the normal price.<\/p>\n<p>\"Even if the stock is there, we have to go through a<br>\ncomplicated procedure that may take 15 days before we can obtain<br>\nthe wood,\" Surdja said.<\/p>\n<p>It remains a mystery why teak has been disappearing in<br>\nIndramayu, Surdja said.<\/p>\n<p>Orders for wooden boats used to come from fishermen in the<br>\nWest Java town of Subang, the Banten towns of Pontang and Lontar,<br>\nand Muara Angke, Jakarta.<\/p>\n<p>Boatmakers in Cirebon and the Central Java town of Batang have<br>\nfilled the gap in the market left vacant by counterparts in<br>\nIndramayu, Surdja said. -- JP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/boatmakers-face-bankruptcy-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}