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

President Joko Widodo (Jokowi) asked the Financial Services Authority (OJK) to appeal to the banking sector to provide credit facilities for the textile and garment industry. Because the ease of access to banking for this sector is considered important to increase the value of exports."To the OJK to urge banks to provide convenience for the textile and garment sector. Because this is a short term, what is needed to increase exports is the ease of working capital," said Coordinating Minister for Economic Affairs Airlangga Hartarto after attending the OJK Virtual Innovation Day 2021 event, at the Palace Complex President.

The Ministry of Industry has issued various strategic policies to improve the performance of the industrial sector amid the impact of the Covid-19 pandemic, one of which is by creating an innovation ecosystem to support the acceleration of national economic recovery."One of the challenges faced in the recovery of the national economy is to create a conducive innovation ecosystem between industries, associations, academics, and government institutions, so that they can synergize and collaborate together to build a strong and independent industry," said Minister of Industry (Menperin) Agus Gumiwang Kartasasmita in Jakarta, Tuesday.

The textile industry company, PT Sejahtera Bintang Abadi Textile Tbk is a company that produces yarn for export and processing into towel products by the company's customers in Bangladesh. The United States is the country that receives the largest export from Bangladesh in line with the economic sector, especially in the Uncle Sam tourism sector.This makes the demand for goods in the form of services that are distributed to restaurants, hotels, hospitals, and shipping companies also increase rapidly. Research also shows that sales of the tourism sector in the United States have increased from March to July 2021 by 14 percent, so this growth has a considerable effect on Sejahtera Bintang Abadi Textile.

The Ministry of Industry (Kemenperin) continues to encourage the optimization of the potential and opportunities for the development of the halal industry in the country. This is because Indonesia is a country with the largest Muslim population in the world with 272.2 million people, while overall, its position in the global sharia economy is in 4th position, or below Malaysia, Saudi Arabia and the United Arab Emirates."In realizing a halal ecosystem, the Ministry of Industry has issued two related Regulations of the Minister of Industry. First, regarding the Halal Industrial Estate, then regarding the establishment of the Halal Industry Empowerment Center," said Secretary General of the Ministry of Industry Dody Widodo in his official statement today.

JAKARTA - The Indonesian Filament Yarn and Fiber Association (APSyFI) assesses that the implementation of a carbon tax will reduce competitiveness in the domestic and export markets. APSyFI Secretary General Redma Gita Wirawasta said that in the textile and textile product (TPT) industry, energy costs ranged from 10-25 percent of the total production cost. Redma also said that the energy mix in the textile sector to date is entirely based on fossils.
"It will definitely affect the selling price and export competitiveness. We still can't calculate the percentage," he said, Thursday (14/10/2021).