SEARCH
Search result with “Bankrupt” as a keyword founded 38 news.
18 Companies Face IDX Delisting as Recovery Prospects Fade
... official statement released on Saturday. Bankrupt Issuers Slated for Delisting The ... following companies have been declared bankrupt and will be delisted: Cowell ...Business Apr 14, 2026 | 5:15 pm
Government Eyes New State Textile Company to Save Sritex Workers
... keep the operations of bankrupt textile manufacturer Sri Rejeki ... exports. Sritex was declared bankrupt by a court after failing ... a court declared the company bankrupt. The manufacturer, which had ... Read More: Deputy CEO of Bankrupt Sritex Detained over Rp 1 ...Business Jan 19, 2026 | 5:22 pm
Jakarta Hotel Seized as Asset in Sritex Credit Corruption Investigation
... . Read More: Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion ... a court ruling that declared Sritex bankrupt after the company accumulated massive ...News Dec 12, 2025 | 10:35 am
Deputy Manpower Minister Apologizes to Prabowo After Graft Arrest
... government manage mass layoffs at bankrupt textile giant Sritex earlier this ...News Aug 22, 2025 | 5:38 pm
Vice Manpower Minister Cries in Handcuffs After Graft Arrest
... layoffs earlier this year at bankrupt textile giant Sritex. “His performance ...News Aug 22, 2025 | 4:29 pm
Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion Loan Fraud
... , Deputy Chief Executive Officer of bankrupt textile giant Sri Rejeki Isman ... Indonesia’s textile industry, was declared bankrupt in October 2023 after failing ...News Aug 14, 2025 | 6:30 am
AGO Names Eight New Suspects in Sritex Credit Fraud Case
... when a court declared the company bankrupt. The manufacturer, which had operated ...News Jul 22, 2025 | 11:43 am
Manufacturing Slump Deepens as Indonesia’s PMI Drops to 46.9
... of our companies are going bankrupt, a dangerous sign for manufacturing, which ...Business Jul 2, 2025 | 6:25 pm
Economy Falters as Expert Urges Government to Move Beyond Rhetoric
... case, textile giant Sritex went bankrupt, leaving over 10,000 workers ...Business Jun 4, 2025 | 11:55 am
IDX Urges Delisting of Sritex After Bankruptcy, CEO’s Arrest
... Exchange (IDX) on Thursday urged bankrupt textile company Sri Rejeki Isman ... troubles. Sritex (SRIL) was declared bankrupt in October 2024, and its ...Business May 22, 2025 | 6:43 pm
Former Sritex Boss Accused of Embezzling Rp 692B in State Bank Loans
... 2023 when a court declared Sritex bankrupt. The once-dominant textile manufacturer ...News May 22, 2025 | 4:06 am
Bankrupt Textile Giant Sritex’s Ex-CEO Arrested in Graft Case
... chief commissioner of the now-bankrupt textile company Sri Rejeki Isman ...News May 21, 2025 | 1:58 pm
Labor Union Urges Government to Crack Down on Illegal Imports
... shut down or even go bankrupt. Numerous factories have suffered losses ...Business Apr 28, 2025 | 3:22 pm
“My Saddest Eid”: Cirebon Factory Closure Leaves 1,126 Jobless, Workers Demand Rehire
... , stated the company is not bankrupt and should explore other options ... ’t believe Yihong Novatex is in a bankrupt state. We’re mediating between ...Business Apr 6, 2025 | 4:18 pm
Angry Protesters from New York to Alaska Assail Trump and Musk in 'Hands Off!' Rallies
... to illegal aliens, which will bankrupt these programs and crush American ...News Apr 6, 2025 | 9:21 am
Factories Struggle as Indonesia Faces Industrial Challenges in 2025
... factory in Garut was declared bankrupt following a Central Jakarta Civil Court ...Business Mar 5, 2025 | 6:18 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... ’s ruling that declared the company bankrupt on October 21. Meanwhile, the ... law. Sritex was officially declared bankrupt after Indo Bharat Rayon, a creditor ...Business Feb 28, 2025 | 2:59 pm
Indonesia to Possibly Revise Rule That Eases Import Curbs
... of 50,000 people, went bankrupt that year after failing to ...Business Jan 7, 2025 | 10:40 am
Sritex Furloughs 3,000 Employees After Bankruptcy Appeal Rejected
... Semarang District Court declared Sritex bankrupt in October 2024. The ruling ...Business Dec 21, 2024 | 10:52 am
BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... Semarang District Court declared it bankrupt in October 2024, following a lawsuit ...Business Dec 20, 2024 | 9:23 pm
Most Popular
1
Chinese-Owned Steel Mill Generated $557 Million in Sales but Paid Less Than $1.1 Million in Taxes: Purbaya
2
Purbaya Conducts Surprise Inspection at Chinese Steel Company in Jakarta
3
China, Indonesia Are ‘Very Open’ After Investors' Complaints
4
Jokowi Launches Nationwide Political Tour Wearing Son’s PSI Party Uniform
5
Historic Night for South Africa as Maseko Sinks South Korea