SRIL and PBRX Issue Global Bond
Textile Stakeholders Request Strengthening Industrial Integration
Parliament Asks to Control Illegal Importation of Textiles
IKATSI Reveals Details of Import Violations
MOI Optimizes Sustainable Resources For Industrial Production
Britain Will Ban Imports From China
RPP on Industry and Trade is Less Favorable to Local
Textile Industry Optimistic Could Recover This Year
Trade Surplus, Textiles Industry Still in the Red Zone
APR Encourages Supply Chains as the Focus of the Road Map
Pakistan's Exports to Indonesia Supported by Textile Products
ARGO Optimistic Will Improve Performance in 2021
APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports
Stake Holder : Textile Industry Needs Fundamental Changes
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The Ministry of Trade (Kemendag) cooperates with the Chamber of Commerce and Industry (Kadin) to hold the Jakarta Muslim Fashion Week (JMFW) to develop the Muslim fashion industry in Indonesia and make Indonesia the center of world Muslim fashion. "Embracing JMFW 2021 is expected to strengthen the domestic Muslim fashion industry and open up business opportunities in the global market," said Director General of National Export Development at the Ministry of Trade Didi Sumedi in a statement received in Jakarta, Wednesday.
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The Indonesian Textile Association (API) assessed that the utilization of the domestic textile and textile product (TPT) industry showed a positive performance, or was in the 80 percent position towards the end of 2021. This was supported by the relatively high export performance following the energy crisis in China. API General Chair Jemmy Kartiwa Sastraatmaja said in general, the utilization of the domestic textile industry has returned to normal. "Utilization of the textile industry has improved, our utilization is above 70 percent to 80 percent, it is close to normal if you can say," said Jemmy by telephone, Monday (11/8/2021).
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The textile industry recorded another contraction in the third quarter of 2021. According to the Central Statistics Agency (BPS), the textile and apparel industry fell by -3.34 percent year-on-year. However, the Indonesian Textile Association (API) remains optimistic that industrialists can turn things around at the end of the year, driven by high demand and the market continues to recover. "I remain optimistic that this improvement seems to be on the right track," said API General Chair Jemmy Kartiwa Sastraatmaja to Bisnis, Tuesday (9/10/2021).
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