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

Small and Medium Industry (IKM) of fashion in the Special Region of Yogyakarta (DIY) always experiences significant growth every year. Even the export value of textile products occupies the third largest position for export product commodities. This was conveyed by the Acting Head of the DIY Industry and Trade Office, Yuna Pancawati. He said the growth of fashion SMEs in the region always shows an increasing trend. "The potential of the fashion IKM is quite extraordinary and the export value itself has increased, even though textile products are ranked third in export product commodities," Yuna said, Sunday (12/6/2022).

 

Labor disputes between the Federation of Trade Unions for Garment and Leather Textile Crafts and Industrial Centers and Industrial Centers affiliated with the Confederation of All Indonesian Trade Unions (FSB GARTEKS-KSBSI) Sukabumi Regency and PT. Global Beautiful Clothing (BIG) Indonesia Cibadak ended in peace. Both parties finally made a commitment to a collective agreement regarding the unilateral termination of employment (PHK) for the workers. And, the suppression of labor unions experienced by the commissariat management and its members at PT BIG.

 

Shopping for used clothes is a trend that is being discussed by the public, especially young people. Buying used clothes is a term that is often discussed, namely thrift shopping. However, the thrift shopping effect poses a threat to both the general public and the textile industry. Executive Director of the Indonesian Association of Textile Experts (IKATSI) Riza Muhidin said that this phenomenon emerged from public awareness to reduce waste of used clothes. However, this is a misunderstanding because used clothes circulating in the market are not necessarily hygienic.

BRI has proven its commitment to encourage small and medium enterprises (MSMEs) to penetrate the international market. BRI brings superior products of national MSMEs to go global at the Turkish Senggol Market or Indonesian Culture Festival Market. Senggol Turkey Market 2022 is the inaugural event for Indonesia's economic and cultural festival. The event was the result of a collaboration between the Indonesian Consulate General in Istanbul, the Indonesian Student Association (PPI) World and the Ministry of SOEs. The event was held at the Halic Congress Center in Istanbul, Sunday (5/6).

 

The upstream textile industry is currently facing many challenges, including the increase in world oil prices which have to raise the price of the main raw material for Polyester and the threat of imported products, both legal and unprocedural, starting to flood the domestic market again. Secretary General of the Indonesian Filament Yarn and Fiber Producers Association (APSyFI), Redma Gita Wirawasta explained, the main raw material for Polyester, namely PTA, is already at the level of USD$ 850/ton which normally is around US$ 600/ton. So, the increase is already high because PTA is derived from crude oil.