Indonesian Political, Business & Finance News

Archive: 1 February 2006

1 article found

Furniture industry expects rickety growth this year

Furniture industry expects rickety growth this year The Jakarta Post, Jakarta In contrast to rising demand on the world market, Indonesian furniture exports will be stagnant this year due to falling competitiveness, an association has predicted. Indonesian Furniture Industry and Handicrafts Association (Asmindo) executive director Sae Tanangga Karim said that most furniture exporters here were still feeling the pinch from last year's fuel prices hikes and higher minimum wages.