Halting the Twilight in Cibaduyut
The performance of the domestic shoe manufacturing industry continues to worsen. And now locally produced leather is even being exported.
August 3, 2004
JUST like a leaf that has been eaten away by worms, the performance of the Indonesian shoe manufacturing industry also has many holes. Ever since the crisis began to affect all areas of business, the export value of shoes has continued to be weak. Prior to the crisis, the value had managed to break through the US$2 billion mark, but now it's only around the US$1.2 billion level. It is much too much to expect this can be maintained and in fact t
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