INDONESIA - ASMINDO TARGETS CHINA’S HIGH INCOME CUSTOMERS (21.05.10)

The Indonesian Furniture Entrepreneurs Association (Asmindo) is showcasing high-end traditional wood and rattan-based furniture at the 2010 Shanghai Furniture International Exhibition, targeting middle and high-class customers. “We hope that our exports to China could reach US$20 million this year from only $9 million in 2009, which was hit by the global financial crisis, ending the year with a 20 percent slump from 2008,” said Asmindo chairman Ambar Tjahyono. Ambar said Indonesia’s furniture exports to China peaked in 2004 at $14 million. He said that 20 companies would participate in the Expo to show their products in a 700 square meter showroom, from June 2 to June 4. There would be 10 companies from East Java, four companies from Cirebon in West Java, four from Yogyakarta and two from Jakarta. Indonesia’s total global furniture exports in the first quarter increased by 14.88 percent to $673.84 million up from $586.56 million in the same period last year. Asmindo targets $2.59 billion for furniture exports this year, an increase of 15 percent up from $2.25 billion last year. The association urged government support to help the furniture industry to increase exports by 15 percent this year.



  NEWS HEADLINES (Click for Details)

 PHILIPPINES - CEBU FURNITURE INDUSTRY TO TARGET CHINA (23.08.10)
 MALAYSIA - FITEC KEEN ON ESTABLISHING ITSELF IN BANGLADESH FURNITURE MARKET (05.08.2010)
 MALAYSIA - FITEC KEEN ON ESTABLISHING ITSELF IN BANGLADESH FURNITURE MARKET (05.08.2010)
 MALAYSIA - MALAYSIA WILLING TO REDUCE TIMBER INDUSTRY'S DEPENDENCE ON NATURAL FORESTS (04.08.10)
 INDONESIA - FURNITURE BRANDS BUILDING ITS LARGEST PLANT IN INDONESIA (13.07.10)
 INDIA - TATA TO LEVERAGE ON THE INDIAN INTERIORS (12.07.10)
 MALAYSIA - LATEX INTERNATIONAL BUILDING PLANT IN MALAYSIA (23.06.10)
 TAIWAN - TAIWAN TO HOST IDA CONGRESS NEXT YEAR (09.06.10)
 JAPAN - JAPANESE FURNITURE MAKERS TARGET RICH CONSUMERS IN CHINA (24.05.10)
 INDONESIA - ASMINDO TARGETS CHINA’S HIGH INCOME CUSTOMERS (21.05.10)
 MALAYSIA - MALAYSIAN FURNITURE AND FURNISHING FAIR TO BOOST TOURISM (05.04.10)
 INDIA - SUPREME FURNITURE LAUNCHES NEW RANGE OF CHAIRS (05.04.10)
 SINGAPORE - SINGAPORE MOZAIC MAKING ITS PRESENCE FELT AT MILAN (02.04.10)
 INDONESIA - IFFINA TRIGGERS OFF WITH OVERFLOWING OPTIMISM (11.03.10)
 VIETNAM - YOUNG STUDENT CHAMPIONS THE "APRICOT BLOSSOM 2009" (10.03.10)


1 2 3 4 5 6 7 8 9 10 > Next10


 
 

Best viewed by Microsoft Internet Explorer 6, at 1024 by768 resolution, copyright © furnitureglobal.com 2005 All rights reserved