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Search result with “Indonesia Layoffs” as a keyword founded 251 news.
Less Beef Import for Private Sector Said to Worsen Indonesia's Layoff Worries
... of beef this year. Indonesia later decided to reallocate 100 ... flourish would only lead to layoffs. With only around 40 ... 's largest Muslim majority nation Indonesia has entered Ramadan. The fasting ... imports. Aside from Ramadan, Indonesia's beef demand is on the ...Business Mar 3, 2025 | 8:00 pm
IDX Signals Delisting of Sritex After Bankruptcy Ruling
... The closure has triggered mass layoffs, affecting thousands of workers ... . Read More: Sritex, Indonesia’s Largest Textile Firm, to ... following a bankruptcy ruling by Indonesia’s Supreme Court. The ... fate of one of Indonesia’s largest textile manufacturers, ...Business Feb 28, 2025 | 5:03 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... than 8,500 workers. Mass layoffs have been carried out in ... , Sritex was one of Indonesia’s largest and most renowned ... comes at a time when Indonesia’s textile and garment industry is ... sector, contributing significantly to Indonesia’s GDP and employing millions ...Business Feb 28, 2025 | 2:59 pm
Event Organizers Remain Creative Amid Budget Efficiency
... Yusnita, said that amid massive layoffs in other sectors, the event ... told event organizers’ community Backstagers Indonesia. “[Despite those challenges], we ... especially manufacturing, are experiencing massive layoffs, the event industry is a sector ...Business Feb 27, 2025 | 11:32 am
Luhut: Indonesia Must Guard Textile Industry from China’s Export Surge
... to relocate their operations to Indonesia. However, Luhut acknowledged that ... Indonesia’s potential role in the global semiconductor supply chain. Surge in Layoffs ... employees. Sri Rejeki Isman (Sritex), Indonesia’s largest textile company, recently furloughed ...Business Feb 27, 2025 | 9:57 am
Over 450 Workers at Sanken Indonesia Face Imminent Layoffs
... Electronic Industries. Setia clarified Sanken Indonesia in Cikarang is a separate ... machines and refrigerators. “Sanken Indonesia specializes in producing switched-mode ... experiencing financial losses because Sanken Indonesia continues producing items that ...Business Feb 21, 2025 | 9:52 pm
Stop Relying on Seasonal Factors for Economic Growth
... deindustrialization is taking hold, and Indonesia’s manufacturing competitiveness is weakening. ... competitive advantages -- are outperforming Indonesia in attracting foreign direct ... mode. Some are now considering layoffs, downsizing operations, or relocating ...Opinion Feb 10, 2025 | 7:21 am
Authorities Foil Smuggling of Textile Products from China
... blamed for the decline of Indonesia’s textile industry. According to Danang ... 60 textile companies are planning layoffs, potentially affecting up to 200 ...Business Feb 5, 2025 | 9:20 pm
Indonesia Aims to Send 425,000 Migrant Workers Abroad in 2025
... Indonesia’s large workforce, including new job seekers and those affected by layoffs ... economic difficulties. The number of layoffs could worsen under the current ... prioritize skilled workers could position Indonesia to generate substantial foreign exchange ...Business Jan 17, 2025 | 4:54 pm
Indonesian Industry Calls for Extension of Gas Subsidy Policy
... price of natural gas in Indonesia remains high compared to other ... the HGBT policy to prevent layoffs. "This will further erode our ... Southeast Asia. "With this policy, Indonesia's gas price is the highest ...Business Jan 9, 2025 | 2:02 pm
Indonesia to Possibly Revise Rule That Eases Import Curbs
... goods. Under regulation No. 8/2024, Indonesia no longer requires importers of ... gets blamed for the massive layoffs in the Indonesian textile industry ...Business Jan 7, 2025 | 10:40 am
SSPACE and KITALULUS Brings Job Opportunities to Millions of Train Passengers via KRL TV Media
... responds to the rise in layoffs in Indonesia, which reached 59,796 ... recorded the highest number of layoffs, with 14,501 cases—94 ... previous month. Data from Statistics Indonesia also shows the unemployment rate ...Special Updates Jan 6, 2025 | 5:37 pm
West Java Apindo Warns New Minimum Wage Policy Could Drive Away Investors
... and could deter investors from Indonesia’s most populous province. The gubernatorial ... climates, potentially resulting in mass layoffs and worsening unemployment in West ...Business Jan 5, 2025 | 9:53 pm
Indonesia’s Textile Industry Faces Layoff Surge, Up to 280,000 Jobs at Risk
... The Manpower Ministry predicts layoffs in the textile industry ... “Our data indicates that layoffs could reach 280,000 ... textile companies are planning layoffs, potentially affecting up to ... poses significant risks to Indonesia’s textile industry,” Noel added ...Business Dec 26, 2024 | 9:26 am
Sritex Furloughs 3,000 Employees After Bankruptcy Appeal Rejected
... Rejeki Isman (Sritex), one of Indonesia’s largest textile companies, has furloughed ... persist, more furloughs or even layoffs may follow. Sritex plans to ... , Sritex is a major player in Indonesia’s textile industry, supplying military uniforms ...Business Dec 21, 2024 | 10:52 am
BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... Friday. Sritex, one of Indonesia’s largest textile companies, faces ... is seeking to avoid layoffs during this difficult period. ... is a major player in Indonesia’s textile industry, supplying military ... , which is vital to Indonesia’s economy. The government has ...Business Dec 20, 2024 | 9:23 pm
Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling
... final legal recourse available in Indonesia -- to contest the ruling ... mitigate the risk of mass layoffs. “We are committed ... operations and avoiding mass layoffs during this challenging period,” ... comes at a time when Indonesia’s textile and garment industry is ...Business Dec 20, 2024 | 3:52 pm
Government Projects 0.3% Inflation Increase with New 12% VAT Rate in 2025
... inflation mitigate economic strain. “In Indonesia, the middle class is already ... with other ASEAN countries, where Indonesia’s rate is the highest,” Media ... to mitigate the risks of layoffs. Small businesses are expected to ...Business Dec 18, 2024 | 9:36 am
Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class
... purchasing power. In contrast, Indonesia’s economy remains weak, particularly ... . “The problem in Indonesia is that the economy, ... the government should compare Indonesia with other ASEAN countries, ... mitigate the risks of layoffs. Small businesses are expected ...Business Dec 17, 2024 | 6:08 pm
VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain
... . The government’s plan to raise Indonesia’s Value-Added Tax (VAT) rate ... to mitigate the risks of layoffs. Small businesses are expected to ...Business Dec 17, 2024 | 5:17 pm
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