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

The Ministry of Finance (Kemenkeu) noted that the performance of the textile and manufacturing industry in the country strengthened throughout the third quarter of 2022 amid the issue of Termination of Employment (PHK) in this industrial sector. Acting Head of the Center for Macroeconomic Policy at the Fiscal Policy Agency (BKF) of the Ministry of Finance, Abdurohman, explained that the export growth of textile products was still very high until the third quarter of 2022. Exports of apparel and clothing accessories (HS61) grew 19.4 percent, non-knitted clothing and accessories (HS62) grew 37.5 percent, and footwear (HS64) grew 41.1 percent as of September 2022.

The Confederation of Archipelago Trade Unions (KSPN) stated that its members working in the textile and garment industry who were laid off cannot claim Job Loss Guarantee or JKP due to membership status. KSPN President Ristadi said that not all of its members were registered in all BPJS Employment programs as a condition for receiving the Job Loss Guarantee (JKP). “None of our members can because they have not joined the [JP] pension insurance, and there are even arrears in contributions. So to get JKP, in addition to participating in the full BPJS program, the contributions are also smooth," he explained, Friday (11/4/2022).

Shares of PT Pan Brothers Tbk (PBRX) are again entrenched in leading the ranks of top gainers, while shares of PT Panin Financial Tbk (PNLF) led the ranks of top losers in the first trading session this afternoon, Friday (4/11/2022) amid the weakening of the benchmark index. Homeland. The Composite Stock Price Index (JCI) closed down 0.76%, or 53.64 points, to 6,980.94 at the close of trading session I, market participants were worried after the United States central bank (The Fed) indicated that interest rates could be higher which would lead to higher interest rates. triggering a recession made market sentiment worse.