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Stake Holder : Textile Industry Needs Fundamental Changes

 

The government is asked to be consistent in seeking to optimize the economic potential of the country's textile industry this year in line with the improving situation after the Covid-19 pandemic.  According to the Executive Director of CORE Indonesia, Mohammad Faisal, the government needs to be consistent in providing various incentives to the textile industry, which must be prioritized because it is included in the priority industry category. "The government already has priority industries and one of them is textiles. The incentives should follow these priorities. Policy consistency from the government is needed," said Faisal, Monday (6/6/2022).

 

The rise of used Thrift clothes that has flooded the Indonesian market has created something new, especially for teenagers, recently, used thrift clothes have become a hit activity and are even in great demand. Where we know that lifestyle is closely related to the demands of every teenager to look fashionable, as a form of validity and form self-identity. It is undeniable that used clothes that are consumed are becoming popular among today's youth, especially those who live in big cities. The thing that grabs the attention of teenagers so they prefer thrifting used clothes instead of buying new clothes at the Mall or well-known clothing store, namely through the word Thrift which comes from English which means that minimizing / reducing waste or in short can be said as financial savings. Usually, we can find used Thrift clothes at the used clothing market or exhibitions that sell used goods.

 

PT Trisula International Tbk (TRIS) pocketed sales in the first quarter of 2022 worth Rp 324.96 billion, an increase of 26.7% compared to the same period last year. This growth was contributed by export sales which increased 58.7% (year on year/yoy) in line with the recovery in the global economy and the company's export market demand in the United States, Australia and New Zealand. TRIS's export sales, which contributed 69% of total sales, were dominated by these three countries. The opening of social restrictions in these countries played a major role in the company's performance because there was a significant increase in demand. TRIS recorded a 69% increase in sales to the United States in the first quarter of this year, and a 31% increase in sales to Australia and Zealand .