Archive for September 22nd, 2008

Indonesia’s Textile Exports up 6.16%


Yahoo, Thailand
IN JAN-JULY

JAKARTA, Sept 22 Asia Pulse - Indonesia’s exports of textiles and textile products grew 6.16 per cent to US$6.06 billion in the first seven months of this year from the same period last year

Textile exports made up 22.38 per cent of the country’s total earning from the exports of commodities outside oil and gas, an official of the trade ministry said.

A significant growth has been recorded in the value of the country’s exports of textiles in the past five years averaging US$8.51 billion a year, director for manufactured and mining product exports Hartojo Agus Tjahjono said.

The government has offered subsidized credits for the purchase of machines in a bid to help modernize the country’s textile industry.

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