Handicraftmakers feel pinch of global slump<\/p>\n
Local handicraft and furnituremakers are facing increasing
\norder cancellations from foreign buyers amid the global economic
\nslump, an executive from the handicraft association said on
\nWednesday.<\/p>\n
\"At least 10 percent of importers have asked their Indonesian
\ncounterparts to delay shipment of their orders,\" the executive
\ndirector of the Indonesian Furniture Industry and Handicraft
\nAssociation (Asmindo) Sae Tanangga 'Angga' Karim told The Jakarta
\nPost.<\/p>\n
Angga said cancellations had not only come from the United
\nStates, but also from European countries, such as Germany and
\nDenmark.<\/p>\n
Furniture and handicraft export volume reached US$1.4 billion
\nin 2000.<\/p>\n
But Angga said furniture and handicraft exports had fallen by
\nat least 15.5 percent in the first six months of 2001 compared to
\nthe same period last year as the world faced an economic
\nslowdown.<\/p>\n
\"The terrorist attacks on Washington and New York have dealt a
\nbig blow to the country's furniture and handicraft exports,\" he
\nsaid.<\/p>\n
The U.S. is one of the main markets for Indonesia's furniture
\nand handicrafts aside from Japan and some European countries.<\/p>\n
He said Asmindo members had reported no new orders after the
\nSept. 11 terrorist attacks. Asmindo has 600 members throughout
\nIndonesia.<\/p>\n
\"With the terrorist attacks in the United States, which were
\nfollowed by growing opposition to U.S.-led military operations in
\nAfghanistan by Muslim-dominated countries, Indonesia's furniture
\nexports will not recover in the next six months,\" he said. -- JP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/handicraftmakers-feel-pinch-of-global-slump-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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