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Economy 10 months ago

PREMIUM
Businesses fear new layoff task force could lead to criminalization

President Prabowo has promised to form a layoff task force to prevent arbitrary dismissals of employees and ensure companies adhere to fair labor practices, as demanded by workers attending the May Day rallies.

Economy 11 months ago

PREMIUM
Hit hard by tariffs, textile makers want to ramp up US cotton imports

Diversifying exports to countries beyond the US is unfeasible in the short term because of either limited market demand or intense competition from local players in target countries.

Companies 1 year ago

PREMIUM
Taiwanese textile manufacturers keen to invest in RI, Airlangga says

Coordinating Economic Minister Airlangga Hartarto has said that textile manufacturers based in Taiwan have expressed interest in setting up factories in the archipelago and are open to relocating facilities from China and Vietnam.

Economy 1 year ago

PREMIUM
Weaker rupiah, high oil prices hit RI manufacturing sector

Indonesian manufacturers are feeling the pinch, as a weakening rupiah exchange rate against the United States dollar and a surge in oil prices lead to higher input costs for local industry.

Economy 2 years ago

PREMIUM
Textile industry to lay off more workers as export markets continue falling

The textile industry continues to face pressure from prolonged falling exports with several firms prompted to take further cost-cutting measures, especially on workers.

Business 4 years ago

PREMIUM
Industry Ministry to provide incentives, curb imports to help manufacturers

The industry minister has announced increased digitalization, a focus on the green and blue economy as well as measures to keep out imports in a bid to help domestic manufacturers.

Business 5 years ago

26 companies in talks for $700 million Lombok airport overhaul

State-owned airport operator Angkasa Pura I has announced that 26 foreign and local companies have passed the prequalification stage as they seek to join the overhaul and operation of Lombok International Airport.

Business 5 years ago

Bank Mandiri provides open banking API for e-commerce, fintech

Bank Mandiri had partnered up 100 e-commerce, fintech and start-up firms.

Business 6 years ago

PREMIUM
Textile industry cries out for help as layoffs loom

While imports have been an longstanding issue for the domestic textile industry, it is having a wider, more significant impact amid the current pandemic.

Business 6 years ago

PREMIUM
In 2019, Indonesian textile producers lose battle on home turf

Unable to compete in the domestic market, many textile companies were forced to close their factories. On the international market, meanwhile, while exports have trended upwards, Indonesian textile producers failed to tap into the market potential of the United States.

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PREMIUM Businesses fear new layoff task force could lead to criminalization

PREMIUM Hit hard by tariffs, textile makers want to ramp up US cotton imports

PREMIUM Taiwanese textile manufacturers keen to invest in RI, Airlangga says

PREMIUM Weaker rupiah, high oil prices hit RI manufacturing sector

PREMIUM Textile industry to lay off more workers as export markets continue falling

PREMIUM Industry Ministry to provide incentives, curb imports to help manufacturers