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View all search resultstextile-industry
Archipelago 4 months ago
PREMIUM
Sritex brothers jailed for 12 and 14 years over graft, money laundering
According to the ruling, Sritex submitted falsified financial statements for 2017, 2018 and 2019 to secure loans from Central Java regional development bank Bank Jateng, West Java and Banten regional development bank Bank BJB, and Jakarta-owned Bank DKI.
Economy 4 months ago
PREMIUM
RI manufacturing growth slows in April: Industry Ministry survey
The Industrial Confidence Index (IKI), a monthly gauge of factory activity published by on Wednesday, came in at 51.75 last month, easing from March’s 51.86 but still above the 50 threshold that separates expansion from contraction.
Economy 8 months ago
PREMIUM
Textile firms push for cheaper loans, tighter imports after $6b support pledge
Coordinating Economy Minister Airlangga Hartarto said on Tuesday that President Prabowo Subianto had committed to the funding to keep technology competitive and sustain investment in the textile sector.
Economy 8 months ago
PREMIUM
Textile industry presses govt to seek US tariff relief
The comments followed a statement by Coordinating Economy Minister Airlangga Hartarto on Friday that manufactured products such as garments and textiles would receive no exemption from the United states' 19 percent tariff.
Economy 8 months ago
Recovery momentum for Indonesia’s fashion industry
Domestic players must adapt agilely and effectively to a noticeable shift in segment-specific consumer behavior amid weaker purchasing power, whether to more affordable products or reduced spending, including strategic marketing that takes a balanced approach to incorporating both online and offline channels.
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