Textile Sector to Invest Rp. 1.99 Trillion to Revamp MachineryAccording to an official source, an investment of Rp1.99 trillion for modernising machines has been taken up by 159 textile and textile products manufacturing firms. Concessions have been extended to ... Readmore

Korean Garment Manufacturer Expand to Subang and Sukabumi (West Java)Foreign investors are still interested in Indonesia. In the near future, investors from South Korea will expand their investment in Subang and Sukabumi, West Java. “In the near future, there would b ... Readmore

Industry Ministry may set minimum subsidy allocation for textile manufacturersThe government is planning to set a minimum amount of interest subsidy that a textile company can apply for under a revitalization program designated for the industry. The Industry Ministry’s textil ... Readmore

Govt Support 3 Industries : Shoes, Sugar, and TextileThe government is expanding its industry revitalization program next year, with footwear manufacturers the latest to join a list of industrial sector subsidy recipients -- in addition to textiles and ... Readmore

Textile, footwear firms gear up to weather recessionDespite a looming economic recession in the United States and some European countries, Indonesia's textiles and footwear industries are upbeat on cushioning adverse impacts by reducing production cost ... Readmore

Import Tax for Textile Machineries removedIndonesian Minister of Finance had finally agreed to release the imposition of value added tax (PPN) for the import of the machine in the restructuring program of the textile industry and textile prod ... Readmore

ASEAN plans textile production hub     ASEAN textile producers have come together to create a blue print for a regional global production hub to compete with China and India.     The making of t ... Readmore

Government Increases Soft-Loan Assistance to Help Textile MakersThe government will increase financial assistance for the restructuring of the country's textile industry by 56.8 percent to Rp 400 billion (US$43 million) this year, up from Rp 255 billion in 2007.An ... Readmore