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 entrepreneurs who are members of the textile entrepreneurs association ask the government to evaluate every trade agreement made with other countries. This is because a number of agreements are considered to have been detrimental to the textile industry in the country. "We are not against trade agreements, but we have to be calculated carefully," said Secretary General of the Indonesian Fiber and Filament Yarn Association (APSyFI) Redma Gita Wirawasta at a press conference in Jakarta, Thursday, January 14, 2021.
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In the meeting with the Minister of Industry at the Office of the Ministry of Industry, General Chairperson of the Indonesian Textile Association (API) Jemmy Kartiwa Sastraatmaja and General Chair of the Indonesian Filament Fiber and Yarn Producers Association (APSyFI) conveyed a request to the government to set a quota for the Covid-19 vaccination immunization for workers / laborer.
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Deputy Chairman of the DPR, Azis Syamsuddin, highlighted the rampant cases of illegal imports in the textile and textile product (TPT) industrial sector over the past two years. The deputy chairman of the Golkar Party stated that the illegal imports had hampered the growth of the domestic textile industry and caused state losses that reached trillions of rupiah.
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Since the last 10 years, the textile and textile product (TPT) industry has experienced tremendous pressure due to trade regulations that are pro-import. The textile industry has experienced a decline in utilization, lack of investment, a flood of imported products, and stagnation in exports. This combination caused several textile industries to go bankrupt which resulted in layoffs in the last 3 years.
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The Ministry of Industry (MOI) seeks to optimize industrial production processes that prioritize efficiency and effectiveness in the sustainable use of resources. This step is expected to be able to balance industrial development with environmental preservation, as well as provide more benefits to the community.
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