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
- Details
- Written by Admin1
Entrepreneurs doubt that Indonesian textile exports to South Korea will increase after the trade agreement between the two countries, namely the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) officially takes effect on January 1, 2023. Secretary General of the Indonesian Filament Fiber and Yarn Association (APSyFI), Redma Gita Wirawasta, said that even though there is an ease of zero percent import duty, it is not certain that the trade agreement can boost textile export performance.
- Details
- Written by Admin1
Good news came to Indonesia. This is because there has been news that a factory from Vietnam is planning to enter Indonesia. The factory is planned to build a factory in Central Java. In fact, currently, textile factories in the country are gasping for air due to the drop in exports. Following the slowdown in demand in main export destination markets, such as the United States and Europe. Similar conditions are also being experienced by the textile industry in Vietnam, triggering a storm of layoffs in that country. Associate Director Industrial & Logistics Services Colliers Indonesia Freddy Hidayat said that one of his clients had plans to build a factory.
- Details
- Written by Admin1
The Indonesian Textile Association or API objected to the wage article listed in the Government Regulation in Lieu of Law or Perppu Number 2 of 2022 concerning Job Creation. The regulations issued by the government on December 30, 2022 are considered burdensome for entrepreneurs. BPP API Deputy Head of Employment and HR Development, Nurdin Setiawan, said the Perppu does not provide legal clarity on employment, especially wages. This is especially true in article 88 F which states that the government can determine a calculation formula that is different from the previously stipulated minimum wage setting.
Page 13 of 394
