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

 

PT Klinko Karya Imaji is able to produce 120 tons of textile waste into environmentally friendly cleaning tools per month. This figure is considered too small considering that textile waste in Indonesia is also very high. "According to the data we received, around 2.7 million tons of textile waste, both pre-consumed and post-consumed," said PT Klinko Karya President Director Imaji Anggun Supanji, in Jakarta, Tuesday (9/8/2022). The factory waste used by Klinko is included in the type of pre consumer waste. This means textile waste that has never been used. "So it's like waste from patchwork, from garments, from convection, from knitting waste, weaving waste and so on," he said.

 

PT Golden Dacron has signed a strategic partnership with PT Home Center Indonesia to produce and market local furniture products. "Our dream is to become the most complete and quality manufacturer of household goods in Indonesia. By using quality local raw materials, supported by the latest machine technology, we will continue to increase our production capacity," said Frenky Mulyanto, Manufacturing Director of PT Golden Dacron, in his remarks at the ratification of the cooperation between PT Golden Dacron and PT Home Center Indonesia in Serang, Banten, Tuesday (9/8/2022).

China's export trade grew surprisingly in July 2022, beating analysts' estimates. This pushed China's trade surplus. China recorded that its exports in the value of the United States (US) dollar grew 18% year on year (yoy) in July 2022. The value of China's exports was higher than economists surveyed by Bloomberg previously estimated that it would only grow 14.1%. As a result, the trade balance of the country with the second largest economy in the world rose to US$ 101 billion. The data is good news for China amid concerns that weakening global demand will disrupt its economic growth during the pandemic era.