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At Least 2.1 Million People May Lose Jobs
BANDUNG, KOMPAS — The country’s furniture industry is suffering a major slump. Due to the decline in competitiveness, Indonesia can no longer benefit from the comparative advantages of the country’s furniture products. The condition has threatened at least 2.1 million people, who depend on the furniture industry for a living.
"While Vietnam and Malaysia have successfully become major furniture exporting countries in Southeast Asia, Indonesia is losing its market due to a decline in competitiveness in the last two years. The government has not learned from the success of other countries,” vice chairman of the Association of Indonesian Furniture and Handicraft Industries (HIMKI) Abdul Sobur said in Bandung, West Java, on Wednesday.