Rupiah Depreciation Becomes Opportunity for Furniture Industry to Boost Performance
By : Hariyanto And Aldi Firhand. A | Friday, September 07 2018 - 19:51 IWST

National Furniture Industry
INDUSTRY.co.id - Jakarta - The weakening of the rupiah against the US dollar has caused some industrial sectors to be hit. But not so with the country furniture industry, this industry actually gets fresh air from the exchange rate depreciation.
"Most of the orientation of business actors is exports. As many as 80 percent of raw materials are obtained from local," said Secretary General (Secretary General) of the Association of Indonesian Furniture and Handicraft Industries (HIMKI), Abdul Sobur in Jakarta, Friday (09/09/2018).
The momentum will actually be used to boost furniture performance in order to meet export targets until the end of the year, namely, US $ 2 billion for furniture and US $ 850 million for handicrafts.
During January to June 2018, furniture and handicraft exports were able to reach US $ 1.3 billion or grew 9 percent compared to the same period in the previous year.
"But that is not an advantage in our plan because it is only obtained from foreign exchange differences. Not from the increase in production capacity," said Sobur.
Sobur revealed that there was no problem with the policy of limiting importation by the government. Provided that the restricted product is not a supporting material product that is not found domestically.
"In essence, if you want to take a policy, the government must have a careful calculation, then socialize it. Because, without socialization with relevant stakeholders, it can actually trigger a decline in exports or even make export companies leave," he said.
Read Also
PropertyGuru Beats Prospectus Forecast In 2019 and Delivers 24% Revenue…
2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia…
Adhi Commuter Property Working on the LRT Market
The Concrete and Construction Industry Exhibition in Southeast Asia…
Moving Property Industry, Waskita Karya Realty Explores Bali
Today's Industry

Sabtu, 23 Januari 2021 - 17:50 WIB
Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs
A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Rabu, 13 Januari 2021 - 18:40 WIB
Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm
Synopsys receives highest score among 12 SAST providers in current offering category.

Rabu, 13 Januari 2021 - 16:00 WIB
ZASCHE Handling Rolls Out New Range of Electric Balancers
the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Rabu, 13 Januari 2021 - 15:40 WIB
What is the Cost of Poor Software Quality in the U.S.?
And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Jumat, 08 Januari 2021 - 17:35 WIB
DevSecOps: The good, the bad, and the ugly
DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.
News Comment