ID :
31599
Fri, 11/21/2008 - 23:55
Auther :
Shortlink :
http://m.oananews.org//node/31599
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INDUSTRIES STILL SAFE UNTIL DECEMBER : VICE PRESIDENT
Medan, N Sumatra, Nov 21 (ANTARA) - Vice President Jusuf Kalla said that until December this year palm oil and other manufacturing industries would still be safe from the impact of the global financial crisis.
"Palm oil and manufacturing industries will still be secure until the end of this year but next year they will surely feel the impact of the crisis," the vice president said at Polonia airport here on Friday.
Previously, the vice president was asked by a reporter about rising concern that due to the global crisis, large numbers of workers at many oil palm factories were now facing the threat of being laid off.
Kalla explained that according to reports from the Indonesian Oil Palm Farmers Association (APKASINDO), and the Indonesian Oil Palm Producers Association (GAPKI), overseas demand for CPO had not yet declined. What had declined was the CPO price , he added.
"Last week, I went to Bandung in West Java to observe textile industries there. They said they were still safe at least until the end of the year," the vice president said.
But the vice president did not elaborate on the anticipatory steps the government had prepared to face the on-going global economic meltdown.
It was reported previously that about 12,000 workers were already facing possible layoffs in Indonesia.
The vice president said on Tuesday that today's crisis was actually the normalization of the global economic crisis from an economic 'bubble' early in 2008, and the situation was an improvement from two years ago.
"Whatever happens in Indonesia is influenced by a sudden improvement in the situation earlier this year. Some say, they were deviations, but the problem goes from one point to another," Kalla said when opening seminar on economic projections for 2009.
He pointed to the CPO price which now stood at 500 US dollars per ton, which meant a big loss to exporters who sold them in June and July, but this was better compared to the situation in 2006.
"Palm oil and manufacturing industries will still be secure until the end of this year but next year they will surely feel the impact of the crisis," the vice president said at Polonia airport here on Friday.
Previously, the vice president was asked by a reporter about rising concern that due to the global crisis, large numbers of workers at many oil palm factories were now facing the threat of being laid off.
Kalla explained that according to reports from the Indonesian Oil Palm Farmers Association (APKASINDO), and the Indonesian Oil Palm Producers Association (GAPKI), overseas demand for CPO had not yet declined. What had declined was the CPO price , he added.
"Last week, I went to Bandung in West Java to observe textile industries there. They said they were still safe at least until the end of the year," the vice president said.
But the vice president did not elaborate on the anticipatory steps the government had prepared to face the on-going global economic meltdown.
It was reported previously that about 12,000 workers were already facing possible layoffs in Indonesia.
The vice president said on Tuesday that today's crisis was actually the normalization of the global economic crisis from an economic 'bubble' early in 2008, and the situation was an improvement from two years ago.
"Whatever happens in Indonesia is influenced by a sudden improvement in the situation earlier this year. Some say, they were deviations, but the problem goes from one point to another," Kalla said when opening seminar on economic projections for 2009.
He pointed to the CPO price which now stood at 500 US dollars per ton, which meant a big loss to exporters who sold them in June and July, but this was better compared to the situation in 2006.
