{
    "success": true,
    "data": {
        "id": 1040730,
        "msgid": "soeharto-stresses-business-partnership-1447893297",
        "date": "1996-12-17 00:00:00",
        "title": "Soeharto stresses business partnership",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Soeharto stresses business partnership JAKARTA (JP): President Soeharto yesterday stressed the importance of partnerships between small and big companies to develop the industrial sector. The President said big and small companies could not survive or develop fruitfully without helping each other. Industrial development could only succeed if all its components joined hands, he said.",
        "content": "<p>Soeharto stresses business partnership<\/p>\n<p>JAKARTA (JP): President Soeharto yesterday stressed the<br>\nimportance of partnerships between small and big companies to<br>\ndevelop the industrial sector.<\/p>\n<p>The President said big and small companies could not survive<br>\nor develop fruitfully without helping each other.<\/p>\n<p>Industrial development could only succeed if all its<br>\ncomponents joined hands, he said.<\/p>\n<p>\"Large companies often become more efficient if they have<br>\nsmall and medium companies as their partners and raw material<br>\nsuppliers,\" he said while presenting Upakarti awards.<\/p>\n<p>The awards were given to 67 individuals, institutions and<br>\ncompanies that were considered outstanding in developing small<br>\ncompanies and home industries.<\/p>\n<p>The awards were also given to regents and mayors who were<br>\ndedicated to developing small enterprises and home industries.<\/p>\n<p>The President said the relationship between small and medium<br>\ncompanies and their larger counterparts should be based on<br>\ninterdependency and mutual benefit.<\/p>\n<p>\"For this reason, it is only natural that large businesses<br>\nwhich helped small and medium enterprises through partnership<br>\ndeals accept Upakarti awards as well,\" he said.<\/p>\n<p>Soeharto said that in the First Five-Year Development Plan,<br>\nwhich started in 1969, the industrial sector contributed only 10<br>\npercent to gross domestic product.<\/p>\n<p>Last year the figure more than doubled to almost 25 percent.<\/p>\n<p>\"This means our economic structure is becoming stronger. The<br>\nrapid development of the industrial sector is partly the result<br>\nof the growth of small-scale and home industries across the<br>\ncountry,\" he said.<\/p>\n<p>In the last three years, more than 100,000 small enterprises<br>\nhave begun, providing jobs to almost 870,000 workers.<\/p>\n<p>Small and home industries exported more than US$2 billion<br>\nworth of products last year.<\/p>\n<p>\"What is more impressive is that some of these small<br>\nindustries have already obtained ISO 9000 certificates (for<br>\nquality management),\" Soeharto said.<\/p>\n<p>He urged businessmen at yesterday's ceremony to make a<br>\ndetailed assessment of international agreements and commitments,<br>\nsuch as those within the Association of Southeast Asian Nations,<br>\nthe Asia Pacific Economic Cooperation forum and the World Trade<br>\nOrganization.<\/p>\n<p>\"Assessments are needed so that businesses can use every<br>\nopportunity in the market,\" he said.<\/p>\n<p>\"We have to know what the market wants and observe the<br>\nindustrial development of other countries which may become our<br>\ncompetitors,\" he said. (pwn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/soeharto-stresses-business-partnership-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}