00:00We turn to the Indonesian Textile Association, or API, which noted that until May 2024,
00:06as many as 30 textile factories in the country were closed with the participation of thousands of people.
00:11This is considered a business act because the market is in the country.
00:15The Indonesian Textile Association, or API, states that there are at least 30 textile industry factories
00:21and textile products, or TPT, in the country closed until May this year.
00:26Dozens of these factories are closed due to the decision of the employment relations
00:30by 4,700 workers.
00:33The high number of factories that are closed and the decision of employment relations,
00:37said Deputy Chairman of API, David Leonardi,
00:39can be sharpened due to the large number of unregistered contract workers.
00:44In addition to the decline in demand in a number of export countries,
00:47this is exacerbated by a decline in domestic demand
00:50because the price of products in the country is inferior to imported products.
00:55For example, the price of imported t-shirts is sold at the price of 20,000 rupiah,
01:00while the price of main products in the country reaches 60,000 rupiah.
01:04The cheap price of imported goods is seen to make the textile industry increasingly weak.
01:09David added that this is exacerbated by the ease of importing goods,
01:13especially used clothes,
01:15through the Regulation of the Minister of Trade No. 8 of 2024,
01:19where the Regulation of the Minister of Trade No. 36 of 2023
01:24is considered to facilitate the flow of clothing goods into the country.
01:31For example, this year alone,
01:33almost 30 companies have been closed.
01:37And the number of employees is around 4,700 people in PHK.
01:43In 2024 alone, until May.
01:49Thank you for watching!
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