Reviving Industry through State - Owned Enterprise
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Indonesia plans state-owned enterprise to revive textile industry
Yahoo Finance· 2026-01-20 12:02
Coordinating Minister for Economic Affairs Airlangga Hartarto announced the development on 14 January, following discussions with President Prabowo Subianto and relevant ministers in Bogor, West Java. The initiative aims to support the textile industry, which employs large numbers of workers and contributes substantially to national exports, according to local news publication Jakarta Globe ID. The Indonesian government also intends to address issues affecting related sectors such as footwear and garmen ...