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 Export-Import Association (IEI) noted that there were a number of regulations as well as several technical regulations that hindered the export rate of the domestic textile and textile product (TPT) industry. In fact, the export performance of textile products has returned to life. This is of course inversely proportional to President Joko Widodo's focus on continuously boosting exports to restore the national economy, after being hit by the Covid-19 pandemic. General Chairperson of IEI Amalia Hasanah said that the export movement which had begun to revive was actually tainted by various regulations that made the national industry even more awry.
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Low-cost market operations in Batam City will start today, Monday, December 13, 2021. The cheap market will be carried out by the Batam City Government to maintain price stability and the availability of basic goods ahead of Christmas 2021 and New Year 2022. This is in accordance with the direction of the Mayor of Batam, Muhammad Rudi who asked The Ministry of Industry and Trade has taken steps to suppress the increase in the price of basic commodities. Head of the Batam City Industry and Trade Agency, Gustian Riau, said this activity was a collaboration with the Batam City Distributor Association.
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The national footwear industry believes that the Regional Comprehensive Economic Partnership (RCEP) will open up opportunities to increase export share. RCEP participating countries are listed as one of the largest footwear export markets. Executive Director of the Indonesian Shoe Association (Aprisindo) Firman Bakrie explained that shoe exports to RCEP countries reached 29 percent of total exports in 2020 which reached US$ 4.80 billion, or around US$1.39 billion. The export value places RCEP participating countries as the second largest footwear export destination after the European Union.
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