Texmaco's store in Bali

JAKARTA (JP): PT Texmaco Graha Busana (TGB) opened its 50th store, in Galleria Nusa Dua Bali yesterday.

TGB's general manager Parikshit Sharma said the new store was part of its aggressive expansion plan to open more outlets in the country and the region.

"The Bali store is a strategic point at which to enter the domestic and international market, because of the large number of tourist arrivals to the island," Sharma said.

The company had this year also began cooperating with large department stores in Singapore and Malaysia to market Texmaco's fabric and clothing, he said.

TGB is a subsidiary of the Texmaco Group, Indonesia's largest producer of polyester fabric and textile machinery. (das)