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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President Joko Widodo (Jokowi) banned the business of imported used clothing. The Southern Sulawesi (Sulbagsel) Customs and Excise Regional Office also deployed an intelligence team to the City of Parepare, South Sulawesi (Sulsel) as one of the areas where the sale of imported used clothing with sack marks (cakar) is rife. "Yesterday we dispatched an intelligence team to Parepare to monitor how far action can be taken and so on," said the Head of the Sulbagsel Customs Office, Nugroho Wahyu Widodo, Sunday (19/3/2023).
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The Ministry of Trade Zulkifli Hasan took decisive steps to destroy 730 bales of clothes and shoes worth 10 billion. The destruction of 730 bales of used goods is a follow-up to President Jokowi's directives. This was revealed on Wednesday (15/03/2023) which prohibited the import of used goods because it disrupted the domestic textile industry. According to the Ministry of Trade, the act of destroying used goods is also a response and responsibility. "As a response and one of our responsibilities for the increasingly widespread trade in used clothing," he said
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The Minister of Cooperatives and SMEs (MenKopUKM) Teten Masduki regretted the practice of buying and selling imported used goods. This practice is often referred to as thrifting, in which there is an activity of buying and selling used imported goods with the aim of re-using them. Teten said thrifting was not in line with the Proud Made in Indonesia National Movement. "In the midst of our movement to love, buy, consume domestic products, there is smuggling of used goods, including textile products and the like," said Teten at the KemenKopUKM office, Monday (13/3/2023).
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Directly led by Novel Baswedan, the Corruption Prevention Task Force Team at the Police Headquarters consisting of Rizka Anungnata, Farid Andika, and Yudi Purnomo Harahap carried out joint activities with the Ministry of Trade to expose and destroy goods resulting from surveillance of imported used clothing, used bags and used shoes. The activity was attended by, among others, Members of the Republic of Indonesia DPR, Ministry of Industry, Riau Provincial Government, High Court, Riau Police, Customs and Excise, and others On that occasion, Novel, who was known as a senior KPK investigator, said that the National Police's Corruption Prevention Task Force would continue to oversee government programs that support national economic growth. This includes activities directly led by the Minister of Trade Zulkifli Hasan.
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Garment and textile issuer, especially underwear products, PT Ricky Putra Globalindo Tbk (RICY) believes it can maintain its business throughout 2023. Director Ricky Putra Globalindo Tirta Heru Citra said that this year his party is targeting a net sales growth of around 10% compared to the previous year. This figure is similar to RICY's net sales growth target in 2022. RICY's performance will be helped by the improvement in people's purchasing power after the end of the Covid-19 pandemic. The need for various clothing products will also remain high throughout this year.
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