Indonesia Reports $3 Million Smuggled Goods in Just One Week
Jakarta. The government reported that it had busted smuggling operations with transactions totaling Rp 49 billion ($3 million) within just one week alone.
The government has made 283 counter-smuggling operations on Nov. 4-11. These operations had stopped smuggling attempts that could potentially cause Indonesia to lose Rp 10.3 billion. Some of these confiscated items included tobacco and textiles, among others, according to Finance Minister Sri Mulyani.
“We have also busted [smuggling attempts] for garments, electronics, alcohols, and narcotics,” Sri Mulyani told reporters in Jakarta on Thursday.
The Customs and Excise office reported that it had taken 31,275 actions against smuggling attempts so far this year as of November. It has prevented goods worth Rp 4.6 trillion from entering Indonesia, many of these items are textiles.
According to Chief Security Minister Budi Gunawan, the smuggling transactions amounted to Rp 216 trillion over the past four years. The flood of smuggled goods has taken a toll on locally manufactured products as they now have to compete with their foreign-made counterparts.
These statistics -- particularly on the heavily smuggled textiles -- painted a grim picture of the Indonesian domestic industry. Imported textiles are typically sold cheaper than their domestically produced counterparts. As local companies struggle with sales, many decide to cut their workforce.
The Confederation of the Indonesian Trade Unions reported that the domestic textile industry had laid off at least 13,800 workers so far this year as of June. The association also blamed the massive layoffs on imports.
Textile giant Sritex not long ago got a bankruptcy ruling, and had recently decided to furlough 2,500 employees. The company, however, promised to keep these workers on payroll. Both the government and Sritex have also promised that the 50,000 workers under its wing would not lose their jobs.
Tags: Keywords:Related Articles
Indonesia Told Not to Rush with $6 Billion State Textile Firm Plan
Industry association AGTI says it would be much better for Danantara to establish an industrial textile fund.The Latest
Lamine Yamal Scores in Spain's 4-0 Demolition of Saudi Arabia
He has helped Spain win the European Championship in 2024 despite being just 16 years old when the tournament started.4,000 Workers at Nike Supplier in Indonesia Sent Home as New Orders Dry Up
Feng Tay Indonesia Enterprises is part of Taiwan-based Feng Tay Group and has operated in Indonesia since 1992.Indonesia Says Aggressive Rate Hikes Are Helping Stabilize Rupiah
Indonesia says recent rate hikes are helping stabilize the rupiah, though economists warn monetary policy alone is not enough.Ayase Ueda Scores Twice in Japan’s 4-0 Win Against Tunisia
Japan’s four goals were the most the Samurai Blue had ever scored in a World Cup game.Jakarta Completes Rasuna Said Revamp, Removes 109 Derelict Pillars
Jakarta has completed the transformation of Rasuna Said, removing 109 abandoned monorail pillars and upgrading public spaces.Most Popular
