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 Minister of Cooperatives and SMEs (MenKopUKM) Teten Masduki in collaboration with the Government of Garut Regency, West Java, is committed to encouraging leather MSME products that are widely occupied by people in the Garut region so that they can grow and become global. “In Garut we are building a factory sharing that provides modern tools for leather shoe and bag makers, which are continuously being developed. So that MSMEs that will make these leather crafts, can do tolling at a lower price. We will make Garut not only a dodol city but also a World of Fashion," said MenKopUKM Teten Masduki in his remarks at the Garut Fashion Show, Indonesia Fashion Week (IFW) 2023 entitled 'Sagara From the East,' at the Jakarta Convention Center (JCC), Friday (24/2).
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The Ministry of Tourism and Creative Economy or the Tourism and Creative Economy Agency (Kemenparekraf/ Baparekraf) hopes that the creative economy industry, especially the fashion sub-sector, can become the host in their own country.In the IFW 2023 Opening Ceremony, the Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno said that the creative economy has been proven to be able to advance the economy and be able to survive during a pandemic. This can be seen from the fashion sub-sector which is still a mainstay of Indonesia's creative economy exports with a contribution value of 61.5 percent.
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Throughout 2022, PT Indo-Rama Synthetic Tbk (INDR) recorded a net profit of US$ 42.537 million or a drop of 49.7% compared to 2021 which was estimated at US$ 84.569 million. As a result, basic earnings per share fell to a level of US$ 0.065 per share, while at the end of 2021 it was at the level of US$ 0.1292. This information was conveyed by the company in an audited financial report in Jakarta, yesterday. The textile issuer posted a net revenue growth of 5.8% to US$ 936.14 million which was supported by an increase in sales to the domestic market by 29.06% to US$ 444.04 million.
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Indonesia Fashion Week or IFW will be held from Wednesday 22 February to Sunday 26 February 2023. This year, the biggest fashion event in Indonesia is highlighting various cultures from Gorontalo, entitled 'Sagara from the East.' The 10th IFW was carried out with great enthusiasm for the hope of reviving creative industry MSMEs after going through difficult times during the pandemic. For two years, the economic wheel of the creative industry has been affected by the pandemic. However, Indonesian fashionistas are still passionate about being creative.
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The Ministry of Manpower (Kemnaker) revealed that the number of employees affected by layoffs has reached hundreds of thousands, including workers from the manufacturing sector to startups over the past year. "(In) 2022 there will be around 490 thousand," said Secretary General of the Ministry of Manpower Anwar Sanusi after a working meeting with Commission IX of the DPR, quoted Monday (20/2/2023).
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