Call for incentives as Indonesia aims high in textiles

Call for incentives as Indonesia aims high in textiles The textiles industry in Indonesia is growing steadily, nudging Jakarta closer to its long-term goal of rivalling China as a global leader in garment exports. However, sector players say stronger trade pacts are needed as well as more investment to maintain a competitive edge in the regional and international marketplace. A surge in demand for football shirts during the 2014 World Cup helped Indonesia post textiles sales of ... Read more > OBG has recently refreshed our website, making our content easier to find and read.  You are now able to read 5 of our premium articles for free each day; we invite you to visit the new site and take advantage of this access.  Use our keyword search to find relevant articles and log in to change your email preferences.  If you do not know your login details, use the ‘Forgotten Password’ function to reset these (your username is the email address which received this email). Latest Economic News Updates Qatar bets on Asia in petrochemicals expansion Asia remains a key driver of growth for Qatar’s petrochemicals sector, with demand from the region fuelling investment and expansion projects. However, the long-term outlook is less certain after the cancellation of the $6bn Al Sejeel petrochemicals plant, one of the megaprojects targeted to come on line by the end of the decade.   Read more > Maroc : Les financements étrangers donnent un coup de pouce aux projets énergétiques Cet automne, le gouvernement du Maroc est parvenu à obtenir une enveloppe de 3.4 milliards de dollars auprès d’investisseurs étrangers afin de financer d’ambitieux projets énergétiques. Ces derniers visent à la fois à satisfaire la demande croissante en électricité au sein du royaume et à exporter, à long terme, des énergies renouvelables excédentaires vers l’Europe.  Read more > Saudi Arabia powering up The first wave of state-backed solar power stations in Saudi were recently unveiled as part of a much larger commitment to diversify the Kingdom’s electricity generation capacity.  Read more > Latest Report The Report: Kenya 2014 As East Africa’s largest economy, Kenya has seen its economy grow by more than 4% for the last three years, according to data from the World Bank, while an improvement in fiscal indicators and a new constitution encouraging devolution have helped to improve governance and the public balance sheet. Find out more >