President makes three pleas to creative industry entrepreneurs
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Indonesian President Joko Widodo (Jokowi) has made three pleas to the industry entrepreneurs while inaugurating the Inacraft Exhibition 2017.
“I have made three pleas to craft and creative industry entrepreneurs in Indonesia to keep their products on spec or meet the buyers specifications, keep the budget or price at a reasonable rate, and timely delivery of the products,” he stated at the Jakarta Convention Center on Wednesday.
Inacraft exhibition, which will be held from April 26 to April 30, will exhibit products from 1,392 local and foreign participants. This year, Inacraft has taken Yogyakarta as the icon, under the concept “Magnificent of Yogyakarta” and the theme “From Smart Village to Global Market.”
The second plea from the president was regarding the packaging of the products.
“Do not forget the packaging. Make the best you can and make it interesting. This is important because most of time, the packaging is what attracts the buyers,” he added.
His third plea was to deliver the goods on time.
“The delivery to the consumers could be made easier with various logistics infrastructures that we already have,” he stated.
Jokowi also pushed the entrepreneurs to make use of the governments people credits program (KUR).
“I understand the entrepreneurs problems regarding capital. Therefore, I remind the people of the KUR program, which has an interest rate of nine percent only. Hence, the products should be made better to make the investment bigger. I think our credit programs have a competitive interest rate too,” he reiterated.
Indonesian Exporter and Handicraft Producers (ASEPHI) data, the committee of the exhibition, remarked that the Inacraft 2017 attendees included 65.95 percent of independent individuals, 24.5 percent from the Tourism Department, 8.7 percent from BUMN, and the rest 6.07 percent from other countries such as Myanmar, Japan, Pakistan, Poland, and India.
This year, Inacraft has set a target of retail business increase of 10 percent, which reaches Rp142 billion, commercial contract of US$12 million, and around 200 thousand buyers from various countries.
Some of the products exhibited include batik, fashion apparels, accessories, jewelries, and other crafts.
Questions & Answers
Q.What three main points did President Widodo emphasise to creative industry entrepreneurs?
What three main points did President Widodo emphasise to creative industry entrepreneurs?
President Widodo urged entrepreneurs to maintain product specifications, offer reasonable prices, and ensure timely delivery. He also highlighted the importance of appealing packaging to attract buyers, reinforcing these three core pleas for business success.
Q.What financial support did President Widodo mention to assist entrepreneurs?
What financial support did President Widodo mention to assist entrepreneurs?
President Widodo promoted the government's people's credits program (KUR) as financial support. He noted this program has a competitive interest rate of nine percent, aiming to help entrepreneurs with capital challenges and encourage investment.
Q.What specific targets has the Inacraft exhibition set for this year?
What specific targets has the Inacraft exhibition set for this year?
Inacraft 2017 aims to achieve a 10 percent increase in retail business, targeting Rp142 billion. It also expects commercial contracts worth US$12 million and hopes to attract around 200,000 buyers from various countries.
Q.Which groups are participating in the Inacraft 2017 exhibition?
Which groups are participating in the Inacraft 2017 exhibition?
Participants in Inacraft 2017 include 65.95 percent independent individuals, 24.5 percent from the Tourism Department, and 8.7 percent from BUMN. The remaining 6.07 percent are from other countries like Myanmar, Japan, and India.
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