A wave of layoffs has continued to hit several industries this year with the textile and textile products TPT sector suffering the most severe impact The Indonesian Synthetic Fiber and Filament Yarn Producers Association APSyFI said...
Bank Indonesia 39 s BI policy of raising the benchmark interest rate BI Rate is considered to pose new challenges for national labor intensive industries particularly the textile and textile products TPT sector as well as the furniture...
The weakening rupiah exchange rate against the US dollar has once again become a serious challenge for the national textile and textile product TPT industry This situation has prompted industry players to adjust selling prices...