Indonesian Political, Business & Finance News

Archive: 7 October 2015

1 article found

Indonesia's small firms struggle, dealing economy another blow

Fuad Fultoni has been selling wooden furniture from Pasuruan city on the eastern side of Indonesia's Java island for 15 years: gazing out as his workers sat idly in an empty showroom, he says business has never been so bad. "People don't have the purchasing power for things like this anymore," Fultoni said, gesturing towards intricately carved tables, chairs and cabinets on display. "Now they are prioritising their primary needs." At least Fultoni is still in business.