The value of export products originating from Indonesia's furniture and handicraft industry fell 16 percent year-on-year (y/y) to USD $1.6 billion in 2016 from USD $1.9 billion in the preceding year. The decline is attributed to the departure of several big furniture factories from Indonesia to Vietnam due to Indonesia's high logistics costs, higher minimum wages and Indonesian workers' low productivity. One example is America-based furniture manufacturer Maitland Smith.

Lanjut baca ›

Dari 12 sampai 15 Maret, Indonesia International Furniture Expo 2015 (IFEX 2015) akan diadakan di Jakarta International Expo, tempat pameran terbesar di Jakarta. Furniture Expo tahun ini disiapkan untuk menjadi pameran furniture terbesar yang diorganisir di Indonesia, negara dengan ekonomi terbesar di Asia Tenggara. Sekitar 470 perusahaan, manufaktur furniture dari seluruh Indonesia, akan menampilkan produk-produk mereka (kualitas ekspor), termasuk koleksi furniture, furnishing dan barang-barang desain interior. Event ini diorganisir oleh Dyandra UBM Internasional.

Lanjut baca ›

Indonesian Trade Deputy Minister Bayu Krisnamurthi announced that Indonesian furniture, rubber and garment businesses have secured trade contracts worth USD $11.3 million with their counterparts in the USA and Canada. Most of these contracts (roughly USD 10.3 million) were sealed by US importers. Krisnamurthi stated that these deals show that international businesses have trust in Indonesian products. Moreover, the deals will have a positive impact on Indonesia’s troubled trade balance.

Lanjut baca ›

Furniture exports from Indonesia grew 10.53 percent year-on-year (y/y) to USD $930 million in the second quarter of 2018. Stakeholders aim to see a growth pace of around 9 percent (y/y) in the second half of 2018.

Lanjut baca ›

Investment in Indonesia's furniture and handicraft industries is expected to slow in 2016 due to subdued global demand and the lower competitiveness of these industries in Indonesia. Local furniture companies are moving away to Vietnam due to issues related to logistics costs, minimum wages and workers' productivity. For example, Taiwan-based Woodworth Wooden Industries Indonesia, the first Taiwanese furniture company that entered Indonesia (with a USD $40 million investment), decided to exit Indonesia, leaving 200 workers unemployed.

Lanjut baca ›