RI FOOTWEAR INDUSTRY FACING BRIGHTER PROSPECTS

Jakarta, June 20 (ANTARA) – Indonesian-made shoes are expected to get a bigger market share at home and abroad thanks to a decline in the influx of illegal shoe imports from China and an increase in demand for the commodity in Europe. Local shoe makers’ turnover is beginning to increase. “After we were stunned [...]

NATIONAL STEEL INDUSTRY FACING GLOOMY CONDITIONS

Jakarta, Feb 20 (ANTARA) – The global economic crisis has begun impacting Indonesia’s iron business with the steel industry now making every possible effort to shore up sales amid excessive stocks, a gloomy world market and declining domestic demand.

GLOOMY OUTLOOK OVERSHADOWS INDUSTRY IN 2009

Jakarta, Dec 23 (ANTARA) – The growth of the industrial sector, like other sectors in Indonesia, will slow down amid the global economic crisis in 2009, with the manufacturing industry likely to be affected most. The ministry of Industry has predicted that the economic meltdown will badly hit [...]