JPLUS
Export drop leads to mass dismissals
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The Jakarta Post
Jakarta |
Sat, October 31 2009
| 01:42 pm
PREMIUM The furniture and crafts industry is being battered by the global economic downturn due to slumping export demand, the closure of more than 100 companies and dismissals of up to 1 million workers. The Association of Indonesian Furniture and Handicraft Exporters (Asmindo) revealed Friday many furniture and crafts enterprises in the country relied heavily on the export market and were therefore...
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