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

The Jatibarang clothing market has long been known as a cheap textile paradise in Indramayu Regency. There are various textile products that are sold to meet people's clothing needs, from head to toe. All complete available. Such as hijabs and headscarves, robes, blazers, tops, skirts, pants, jeans, batik, negligee, nightgowns, t-shirts, sportswear, leggings, children's uniforms and many others. Not only for women, but textile products are also provided for men, including children to babies. There are also prayer equipment such as mukena, sarong and prayer rug. Bed linen, bags, sandals, shoes and children's toys are also available. Just choose according to taste and needs.

A number of Micro, Small and Medium Enterprises (MSMEs) in the convection sector in Kedumulyo Village, Sukolilo District, Pati are lethargic and even almost out of business due to the impact of the Covid-19 Pandemic. The complaint from the convection perpetrators, who were dominated by women, was conveyed in the recess of a member of the Regional People's Representative Council (DPRD) Pati Regency, Warsiti. Warsiti explained, since the pandemic came in 2020, business actors have had difficulty getting convection raw materials due to the strict PSBB, PPKM, and emergency PPKM protocols.

Exports of textiles and textile products (TPT) still have the opportunity to be increased. Business actors stated that the increase in textile exports requires surgery and industrial deepening to ensure that export increases are accompanied by an increasing surplus. General Chairperson of the Indonesian Textile Entrepreneurs Association (API) Jemmy Kartiwa said TPT exports had been dominated by high value-added products, with apparel exports making the biggest contribution. However, he noted that the high export of textile products could not be separated from the still high supply of imported raw materials.

PT Sri Rejeki Isman Tbk. (SRIL) or Sritex escaped bankruptcy after the majority of creditors agreed to accept the textile issuer's peace proposal. The spokesman for the Semarang Commercial Court, Eko Budi Supriyanto, confirmed that there was an agreement between SRIL's creditors. He said that the hearing on the approval of the peace proposal decision will take place, Tuesday, January 25, 2022. "Yes [tomorrow the verdict will be heard]," said Eko, Monday, January 24, 2022. Eko added that Sritex had indeed obtained several extensions of the delay in paying debt obligations, aka PKPU. According to him, Sritex's PKPU extension is still in accordance with the provisions.

PT PLN (Persero) and textile company PT MAS Sumbiri signed an agreement to purchase a New Renewable Energy Certificate (EBT) or Renewable Energy Certificate (REC). Manager of PLN UP3 Semarang, Eric Rossi Priyo Nugroho, said that through the purchase of the 1,385 kilo volt ampere (kVA) REC, PT MAS Sumbiri contributed to supporting the program to accelerate the achievement of Indonesia's new renewable energy mix target of 23 percent by 2025. "REC is also a manifestation of PLN's commitment to realizing Indonesia's Net Zero Emission target by 2060. To PT MAS Sumbiri, we congratulate you on the legality of using EBT," said Eric in a press release, Sunday (23/1/2022).

Eric on the occasion also revealed that his party is optimistic that PLN's REC service products can be one of the solutions in an effort to encourage the use of clean energy in the country, especially in the city of Semarang.

General Manager of PT MAS Sumbiri KREEDA Division Sajith Danansooriya appreciated PLN's services in providing REC. Sajith said that PT MAS Sumbiri was the first unit of MAS Holding to use NRE.

"PT MAS Sumbiri is the first unit in MAS Holding that has used 100 percent renewable energy. I hope this collaboration with PLN will continue to be maintained," he said.