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Stake Holder : Textile Industry Needs Fundamental Changes

The textile industry is expected to soon grow in the global trade sector. However, business actors admit that they have not felt this way. Chairman of the Indonesian Footwear Association (Aprisindo) Firnan Bakrie revealed that his party estimates that the export market for the footwear industry will still be under pressure in 2023. "It is estimated that in 2023 the export market will still be under pressure," said Firman Wednesday (15/2/2023). According to him, until now his party believes the decline in export demand will still occur until 2023. "The average decline in demand in 2023 will reach 40 percent," added Firman.

PT Bank Syariah Indonesia (BSI) Chief Economist Banjaran Surya revealed that the textile industry is a sector that has a high risk of financing in Islamic banking. The reason is, until now the textile sector is declining drastically and is still getting permission from the Financial Services Authority (OJK) for credit restructuring. "(High risk) because the output of textile exports to the US and Europe this year has dropped significantly," said Banjaran at the BSI Global Islamic Finance Summit 2023 (GIFS) held by BSI on Wednesday (15/2/2023).

The textile industry is expected to soon grow in the global trade sector. However, business actors admit that they have not felt this way. Chairman of the Indonesian Footwear Association (Aprisindo) Firnan Bakrie revealed that his party estimates that the export market for the footwear industry will still be under pressure in 2023. "It is estimated that in 2023 the export market will still be under pressure," said Firman, Wednesday (15/2/2023). According to him, until now his party believes the decline in export demand will still occur until 2023. "The average decline in demand in 2023 will reach 40 percent," added Firman.

Director General of Customs and Excise (Dirjen Customs) of the Ministry of Finance Askolani said that the import of used clothes or clothes is still rife. His party has taken action in a number of areas starting from Sumatra, Kalimantan, to Sulawesi. The ban on the import of used clothing with the HS 6309 tariff heading is regulated in the Minister of Trade Regulation Number 51/M-DAG/PER/7/2015 concerning the Prohibition of Importing Used Clothing and the Minister of Trade Regulation Number 18 of 2021 concerning Export Prohibited Goods and Import Prohibited Goods.

 

Director General of Customs and Excise (Dirjen Customs) of the Ministry of Finance Askolani said that the import of used clothes or clothes is still rife. His party has taken action in a number of areas starting from Sumatra, Kalimantan, to Sulawesi. The ban on the import of used clothing with the HS 6309 tariff heading is regulated in the Minister of Trade Regulation Number 51/M-DAG/PER/7/2015 concerning the Prohibition of Importing Used Clothing and the Minister of Trade Regulation Number 18 of 2021 concerning Export Prohibited Goods and Import Prohibited Goods.