Electronic market soars 23%

The Investor Daily-October 24, 2008 Handojo Soetanto, secretary general of Electronic Marketer Club (EMC), said that national electronic sales realization soared 23%, from Rp. 11,07 trillion in January-September 2007 to Rp. 13.6 trillion in January-September 2008. According to him, the increasing purchasing power of people outside of Java has been significant factor that influences the progress. “Since second semester last year, the price of primary commodities such as palm oil, coffee, and copra has increased sharply so that the purchasing power of farmers outside of Java strengthens,” he said.