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Search result with “Textile Industry Investment” as a keyword founded 40 news.

Purbaya Targets Smuggled Thrift Clothes, Pushes Traders Toward Local Goods

... imports.” Read More: Thrifting Kills Textile Industry as Used Clothing Import Jumps ... jobs, and attract new investment in the textile sector,” he said. Read ... , and developing skilled labor. The textile industry has faced a wave of mass ...
Business Oct 29, 2025 | 10:06 am

Textile Sector Defies ‘Sunset Industry’ Label, Grows 5.39% Under Prabowo Administration: Minister

... and supply chain restructuring, Indonesia’s textile industry still has vast room to ... sustainable growth for the global textile industry,” Agus emphasized. The government, ... to introduce reforms to simplify investment procedures and strengthen industrial ...
Business Oct 26, 2025 | 5:53 pm

Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion Loan Fraud

... Chief Executive Officer of bankrupt textile giant Sri Rejeki Isman (Sritex ... ’s applications for working capital and investment loans to the creditors, but ... , once a dominant player in Indonesia’s textile industry, was declared bankrupt in October ...
News Aug 14, 2025 | 6:30 am

A Look at The Countries that Received Trump's Tariff Letters

... reciprocity law -- which allows trade, investment, and intellectual property agreements to ... to the US: Shoes with textile uppers, wood furniture, electronic components ... US are subject to different industry-specific tariffs. Key exports to ...
Business Jul 13, 2025 | 3:28 am

Indonesia Prepares Economic Stimulus to Counter US Tariffs, Protect Local Jobs

... two nations threaten to disrupt investment and job-heavy industries. Chief ... baseline tariff in the interim. Textile exports, Indonesia’s labor-intensive and ... ,” he said. Read More: Indonesia’s Textile Industry Faces Layoff Surge, Up to ...
Business Apr 18, 2025 | 6:15 pm

Indonesia Eyes Boost in US Energy, Agriculture Imports to Ease Tariffs

... vulnerable to currency depreciation and investment slowdowns. “The implementation of ... reaching $26.3 billion. The Indonesian textile industry reported that it could consume ... cotton each year. The country’s textile manufacturers had proposed increasing cotton ...
Business Apr 8, 2025 | 8:03 pm

Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries

... , allocating Rp 20 trillion in investment subsidies,” Airlangga said during a ... and production speed,” Airlangga explained. Textile Industry Labor-intensive sectors play a crucial ... and export revenues. The textile industry alone employs over four million ...
Business Mar 20, 2025 | 12:09 am

Prabowo Gathers Indonesian Tycoons for Talks on Danantara

... with $20 billion in initial investment, which it will invest in ... , and many more. "Industrialization and investment management through Danantara became major ... up in the discussions. Indonesia's textile industry is currently under immense pressure ...
Business Mar 7, 2025 | 9:03 am

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

... textile industry from an influx of Chinese exports while continuing to attract investment ... previous year. Meanwhile, domestic investment in the industry stood at Rp 7 ... and Factory Closures Despite the industry's investment growth, layoffs continue to rise ...
Business Feb 27, 2025 | 9:57 am

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

... to attract foreign direct investment (FDI) inflows in ... that target various sectors, including textile, agribusiness, pharmaceuticals, to ... to develop the downstream industry of its top commodity ... of establishing the processing industry of several commodities ...
Business Dec 19, 2024 | 9:08 am

How Business Transformation Drives Chandra Asri Group’s Growth

... country’s sovereign wealth fund Indonesia Investment Authority (INA) inked a memorandum of ... well as the production of textile, pulp, paper, soap, and detergent ... specifically designed for the petrochemical industry. The financing facilities aimed to ...
Special Updates Sep 17, 2024 | 6:06 am

Global Economic Slowdown Spurs Rise in Unemployment in Indonesia

... increasing job opportunities through foreign investment. “We are working to attract ... more foreign investment to create jobs,” Ma’ruf ... the largest concentration of the textile industry is located.
Business Aug 7, 2024 | 8:52 pm

West Java Layoffs: Bahlil Lahadalia Points to Factory Moves and Shutdowns

Jakarta. Investment Minister Bahlil Lahadalia identified two ... the largest concentration of the textile industry is located. "This is because ... Banten are central to the textile industry's largest operations," Ristadi concluded ...
Business Jul 29, 2024 | 7:02 pm

Petrochemical Industry Also Needs to Be Protected from Import

... materials just like the textile industry after the 2024 Trade ... seeking to protect the textile industry from import. Experts are ... the petrochemical industry and hamper any potential investment. Even though ... bring in a lot of investment. If there is a ministerial ...
Special Updates Jul 11, 2024 | 8:47 pm

Luhut: 200 Pct Import Tariff Not Aimed at China, Under Review

Jakarta. Chief Investment Minister Luhut Binsar Pandjaitan ... domestic market. The Indonesian textile industry has faced significant layoffs due ... job cuts in the textile industry by early June this ... in terms of trade and investment. Indonesia is committed to ...
Business Jul 6, 2024 | 9:39 am

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

... "Jokowi" Widodo summoned Industry Minister Agus Gumiwang to ... national export growth and investment, advocating for import policies ... in exports. The Indonesian textile industry has faced significant layoffs ... job cuts in the textile industry by early June this ...
Business Jul 3, 2024 | 11:44 am

Chinese Textile Giant to Invest in Indonesia Amid Mass Layoffs

... . Chief Investment Minister Luhut Binsar Pandjaitan recently said that a Chinese textile giant ... factory],” Luhut said. The Indonesian textile industry is currently suffering waves of ... investors had made an accumulated investment of $1.87 billion in Indonesia ...
Business Jun 26, 2024 | 3:39 pm

Indonesia-Singapore Ties to Grow Stronger under Prabowo, Lawrence: PM Lee

... under his and Jokowi’s leadership. Investment ties have soared, and the ... , Jokowi offered investment opportunities, among others, in the textile manufacturing industry at Kendal ... $15.4 billion in foreign direct investment from Singapore. In the first ...
News Apr 29, 2024 | 1:45 pm

Roadmap on Full Circularity in Textile by 2050 in The Works

... input on this roadmap. The textile industry’s path to sustainability is facing ... of circularity, it requires a substantial investment. It has a small margin. Consumers ... -founder Gwen Cunningham said today’s textile industry —just like other sectors— is ...
Special Updates May 9, 2023 | 7:06 pm

Indonesia is a Land of Opportunity: Jokowi at Hannover Messe

... -exhibitors are promoting, namely food, textile, automotive, electronics, chemicals, medical ... Speaking in a recorded video statement, Industry Minister Agus Kartasasmita said that ... . Agung said that the investment deals were partnerships that Indonesia ...
Business Apr 18, 2023 | 12:37 am
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