{
    "success": true,
    "data": {
        "id": 1407846,
        "msgid": "glodok-computer-vendors-open-new-business-1447893297",
        "date": "1998-07-03 00:00:00",
        "title": "Glodok computer vendors open new business",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Glodok computer vendors open new business JAKARTA (JP): At least 200 computer vendors whose shops in Glodok, West Jakarta, were looted and burned during the mid-May riots are back in business, albeit with scant capital and stocks. For them, an immediate resurrection is more important to start recycling their cash flows than taking a wait-and-see attitude. \"We can't just sit down and mourn our bad luck forever. We need money now.",
        "content": "<p>Glodok computer vendors open new business<\/p>\n<p>JAKARTA (JP): At least 200 computer vendors whose shops in<br>\nGlodok, West Jakarta, were looted and burned during the mid-May<br>\nriots are back in business, albeit with scant capital and stocks.<\/p>\n<p>For them, an immediate resurrection is more important to start<br>\nrecycling their cash flows than taking a wait-and-see attitude.<\/p>\n<p>\"We can't just sit down and mourn our bad luck forever. We<br>\nneed money now. Yes, we could survive with our savings but they<br>\nwill be soon gone,\" said a female shop owner, who refused to be<br>\nnamed.<\/p>\n<p>\"Besides, we believe that the political situation, and the<br>\neconomic too, will recover sooner or later,\" she added.<\/p>\n<p>One hundred vendors are currently busy setting up their new<br>\nsites at Mangga Dua Mall and another 40 at the Dusit Mangga Dua<br>\nHotel shopping arcade, both on Jl. Mangga Dua Raya, and the<br>\nremaining at the Gajah Mada Plaza, Jl. Gajah Mada; all are in<br>\nWest Jakarta.<\/p>\n<p>Unfortunately, only half of the vendors at the first two sites<br>\nhad started operations by yesterday.<\/p>\n<p>Many even seemed a bit hesitant to talk to journalists, who<br>\nattended yesterday's soft opening of the Orion Mangga Dua<br>\ncomputer center at Dusit's shopping arcade.<\/p>\n<p>Only a few were willing to talk and they asked for anonymity.<\/p>\n<p>The new site is specially designed to accommodate mostly<br>\ncomputer vendors, who used to run their businesses at Orion Plaza<br>\nand 21 Plaza in Glodok before they were burned.<\/p>\n<p>The female trader said she financed her comeback in the<br>\ncomputer business by using her own savings and with some help<br>\nfrom relatives.<\/p>\n<p>\"I did not try to get a loan from a bank. You know, it'll be<br>\nvery hard to get a loan at this time,\" she said.<\/p>\n<p>She said it cost at least Rp 200 million just to get a new<br>\nsite and a few items to put on display.<\/p>\n<p>\"Can you imagine how hard it is for a not-so-financially<br>\nstrong vendor like me to cope with the demand of getting back on<br>\ntrack? Because I'm still weighed down by my Rp 1 billion loss<br>\nfrom the recent riot which my insurance company has refused to<br>\ncover.\" she said.<\/p>\n<p>Enthusiast<\/p>\n<p>Another vendor, however, decided to buried the past and be<br>\nenthusiastic about his comeback.<\/p>\n<p>He said the prospects of the business was still good because<br>\nmore and more people need computers at this time.<\/p>\n<p>\"I hope the customers will understand about the current high<br>\nprices of computers and their accessories.<\/p>\n<p>\"Prices have jumped by two or three times since the monetary<br>\ncrisis due to the fluctuation of our currency rate,\" he said.<\/p>\n<p>The price of a very modest computer set is now Rp 6 million,<br>\nthree times more expensive than the price in December.<\/p>\n<p>A ribbon for a black-and-white printer is now offered at Rp<br>\n300,000, from between Rp 30,000 and Rp 50,000 before the monetary<br>\ncrisis that hit the country in July last year.<\/p>\n<p>Sony Kusumo, spokesman for the group of vendors who moved into<br>\nOrion Mangga Dua and Mangga Dua Mall, strongly believed that the<br>\ndemand of computers would remain relatively good amid the<br>\neconomic turmoil in the years to come.<\/p>\n<p>\"We signed up for a five-year contract here,\" he said.<\/p>\n<p>Good news for vendors is that management of the building gave<br>\nthem a lower rate for rental fees, which was Rp 50,000 per square<br>\nmeter instead of its official tariff of US$50 per square meter,<br>\nSony said.<\/p>\n<p>He said that many of the city's computer vendors were not<br>\nexpect good business this year because they had projected their<br>\ntotal sales would likely drop by 80 percent due to a sharp<br>\ndecline in customer buying power.<\/p>\n<p>Another senior vendor, who also refused to be named, said that<br>\nwhat the traders -- most of whom are Chinese-Indonesians --<br>\nneeded most for the continuation of their businesses was a<br>\nguarantee that there would be no further riots.<\/p>\n<p>\"We have decided not to flee the country and have restarted<br>\nour businesses, just like the government asked us to.<\/p>\n<p>\"Maybe it's impossible to ask for a guarantee for our security<br>\nbut at least the authorities should promise that they will never<br>\nlet the same thing happen again,\" he said.<\/p>\n<p>A member of management for Orion Mangga Dua and Mangga Dua<br>\nPlaza, Rano Jap, said his office \"could not give a 100 percent<br>\nguarantee that the buildings would not be affected by other<br>\nriots\".<\/p>\n<p>\"But as you can see for yourself, we saved the buildings from<br>\nbeing looted or burned by mobs during the May riots. So what we<br>\ncan offer here is a promise that we'll always do our best to save<br>\nthe building,\" he said. (cst)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/glodok-computer-vendors-open-new-business-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}