Indonesia’s largest textile producers have been forced to stop their domestic textile manufacturing operations due to the country’s high unemployment rate.The country’s textile sector has been a vital lifeline for many people, especially those living in rural areas.The textile industry is highly dependent on the region’s natural resources, which can’t be replaced by imported products.In […]
Posted September 04, 2019 05:11:34 Textile factories in Indonesia have warned of a “catastrophe” for their businesses as the world economy continues to slide into recession.Textile factories have warned they will need to cut production and slash prices to stay competitive with rivals in Asia, including China.Indonesia’s biggest apparel and textile manufacturer, Puma, said the […]
Posted December 15, 2018 18:00:53 Indonesia has set a goal to produce more than 1.2 billion kilogrammes of textiles annually by 2020, according to a report by the country’s government.The government said Indonesia will make $1.25 billion of investment in its textile industry by 2020.The report also said Indonesia has the second largest textile production […]
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