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Search result with “Textile Export” as a keyword founded 66 news.

Trump Tariff: How Contagious?

... six specific sectors of Indonesia’s export interest: textile and garment, footwear, electronic ... continues with aggressive trade policies: 1. Textile & Garment Impact: • As tariffs ... special economic zones) to reduce export costs. --- Iman Pambagyo is the ...
Opinion Apr 9, 2025 | 11:32 pm

Unlike Vietnam, Indonesia Isn't Heavily Dependent on Exports to US: Airlangga

... States isn’t our only major export destination, and we can begin ... minimize costs. “Our footwear and textile industries must prepare to accommodate ...
Business Apr 8, 2025 | 6:50 pm

“My Saddest Eid”: Cirebon Factory Closure Leaves 1,126 Jobless, Workers Demand Rehire

... sweeping the nation’s textile and footwear industries. ... Central Java, Indonesia’s largest textile company, Sri Rejeki Isman ... is struggling under falling export demand, increasing operational costs ... competition abroad, the textile and footwear sectors are ...
Business Apr 6, 2025 | 4:18 pm

Indonesia Told to Get Closer to BRICS After Trump Unveils 32 Pct Tariffs

... take a huge toll on Indonesian textile, footwear, electronics, and palm oil ... new tariffs can shift their export destinations,” said Eisha, who is ...
Business Apr 3, 2025 | 7:01 pm

Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries

... Sritex, Indonesia’s oldest textile company, which resulted in ... speed,” Airlangga explained. Textile Industry Labor-intensive sectors ... job creation and export revenues. The textile industry alone employs ... is the world’s largest textile market, accounting for ...
Business Mar 20, 2025 | 12:09 am

Sritex May Resume Operations Under New Investors

... marking a significant blow to Indonesia’s textile industry. Sritex workers visit their ... Indonesia’s largest and most renowned textile manufacturers. The company was ... Indonesia’s textile and garment industry, which is struggling with declining export demand ...
Business Mar 3, 2025 | 3:33 pm

Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday

... Indonesia’s largest and most renowned textile companies, with production facilities ... Indonesia’s textile and garment industry is under pressure, facing declining export demand ... Bangladesh. Despite these challenges, the textile industry remains a vital non- ...
Business Feb 28, 2025 | 2:59 pm

Luhut: Indonesia Must Guard Textile Industry from China’s Export Surge

... as a key relocation destination for textile and footwear manufacturing, driven by ... (Apsyfi) reported that around 30 textile factories shut down between January ... Rejeki Isman (Sritex), Indonesia’s largest textile company, recently furloughed 3,000 employees ...
Business Feb 27, 2025 | 9:57 am

Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling

... of Indonesia’s oldest and largest textile companies, with production facilities ... to contributing to the national textile industry.” Sritex’s bankruptcy comes ... textile and garment industry is grappling with various challenges, including declining export ...
Business Dec 20, 2024 | 3:52 pm

Indonesia Eyes Investment in Suez Canal Economic Zone, Prabowo Tells Sisi

... that target various sectors, including textile, agribusiness, pharmaceuticals, to name a few ... . Palm oil is Indonesia’s leading export to the Middle Eastern country ...
Business Dec 19, 2024 | 9:08 am

Trade Ministry Denies Its Import Relaxation Causes Sritex to Go Bankrupt

... actually aimed to protect the textile industry,” Trade Minister Budi ... a plan to rescue the textile industry, including Sritex. Budi, ... Sritex to resume its export-import operations after the ... debts. By allowing the export-import activities, Sritex should ...
Business Nov 4, 2024 | 9:30 am

Gov’t Allows Sritex to Resume Export Operations Despite Bankruptcy

... as Sritex. to resume its export-import activities despite a bankruptcy verdict ... includes letting the company resume export-import operations. “All that matters ... . Despite Sritex’ bankruptcy, the Indonesian textile industry -- particularly in the Central ...
Business Oct 31, 2024 | 11:00 am

Prabowo Leads Cabinet Meeting to Address Challenges Facing the Textile Industry

... of Indonesia's textile industry, particularly focusing on textile giant Sri ... to gain insights into the textile industry's difficulties. "His ... can maintain its import-export activities. Airlangga also noted ... declining domestic and export demand and increasing competition. ...
Business Oct 29, 2024 | 4:37 pm

Flood of Imports Still Haunt Indonesia’s Layoff-Hit Textile Industry

... Monday that the textile sector had not fully ... illegal means. Although the textile sector’s confidence index ... export-bound] goods from the bonded zones,” Febri said. The Indonesian textile ... processing industry, which included textile, garment, and footwear. ...
Business Oct 1, 2024 | 10:47 am

Indonesia Can Lose $1.6 Billion Without EU Trade Pact

... sectors, including the layoff-struck textile industry. Indonesian garment and footwear ... because of the decline in export demand. They have to compete ...
Business Sep 27, 2024 | 1:44 pm

Expert Warns Against Flood of Imported Petrochemicals from UAE

... US and China. “If we export manufactured goods to China, there ... is limited to textiles and textile products, ready-made garments, ceramics ... , electronics, cosmetics, finished textile goods, and footwear. “Hopefully, these ...
Special Updates Aug 19, 2024 | 6:11 pm

Indonesia Extends Safeguard Tariffs to Protect Struggling Textile Industry

... challenges faced by the textile and textile product (TPT) sector, ... to declining domestic and export demand and increasing competition. ... losses, particularly in the textile sector. The Manpower ... 000 layoffs in the textile and textile product (TPT) industry ...
Business Aug 8, 2024 | 4:07 pm

Heavy Reliance on Exports to China Could Hurt Indonesia’s Trade: Analyst

... percent of Indonesia's total export value in the first ... it significantly impacts Indonesia’s export performance. This is the ... “The main difference in export characteristics between Indonesia and ... grow in recent months. Textile products accounted for 41 ...
Business Jul 23, 2024 | 8:04 pm

Distribution Chain Dominance by Chinese Imports Hurts Indonesian Textiles

... closure of many local textile companies. Redma criticized the ... percent in Q3, despite export challenges, as local products ... domestic products struggling to export and imported goods flooding ... intervention, layoffs in the textile industry will increase. He ...
Business Jul 11, 2024 | 9:42 am

Kadin Urges Stakeholder Input on 200 Pct Import Duty for Chinese Goods

... friendly environment conducive to national export growth and investment, advocating ... not hamper industrial productivity or export performance. Finally, Kadin Indonesia ... particularly in exports. The Indonesian textile industry has faced significant layoffs ...
Business Jul 3, 2024 | 11:44 am