Indonesian Political, Business & Finance News

Small industries

Small industries

From Berita Yudha

As a private businessman who manufactures shoes, I am
experiencing difficulties due to the fluctuations of the exchange
rate of the rupiah against the U.S. dollar. Meanwhile, I must
continue employing my workmen whose salaries I pay from the
production of shoes.

I have to maintain the quality of my products to compete in
the market. Raw material for shoe production has become
increasingly expensive. Also, banks have raised their interest
rates on loans.

I have joined a small industry association, but the members
are undergoing the same fate.

I appeal to the Ministry of Cooperatives, the Ministry of
Trade and related agencies to focus their attention on this
problem.

BUYUNG

Jakarta

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