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Search result with “Indonesia Textile Industry” as a keyword founded 163 news.
BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... Friday. Sritex, one of Indonesia’s largest textile companies, faces significant financial challenges ... , Sritex is a major player in Indonesia’s textile industry, supplying military uniforms to NATO ... the continued growth of the textile industry in Indonesia.Business Dec 20, 2024 | 9:23 pm
Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling
... is one of Indonesia’s oldest and largest textile companies, with production ... given its pivotal role in Indonesia’s textile industry and its large workforce. ... textile industry.” Sritex’s bankruptcy comes at a time when Indonesia’s textile and garment industry ...Business Dec 20, 2024 | 3:52 pm
Indonesia Eyes Investment in Suez Canal Economic Zone, Prabowo Tells Sisi
... that target various sectors, including textile, agribusiness, pharmaceuticals, to name a few ... further strengthen [the economic ties]. Indonesia will send a high-level delegation ... the downstream industry of its top commodity. Palm oil is Indonesia’s leading ...Business Dec 19, 2024 | 9:08 am
Labor-Intensive Sector Workers to Enjoy Income Tax Incentive
... a means to cushion Indonesia’s middle class from the ... others. The layoff-hit textile industry, which is currently struggling ... provincial minimum wage in Indonesia’s most modern city Jakarta ... the VAT increase could shrink Indonesia’s middle-class population. ...News Dec 17, 2024 | 12:06 pm
Trump Effect: Indonesia Braces for Potential Flood of Chinese Imports
... to other destinations, including Indonesia. Deputy Trade Minister Dyah ... processing industry, which included businesses in textile production. Government data shows Indonesia- ... billion in January-September 2024. Indonesia recorded an $8.1 billion deficit when ...Business Dec 2, 2024 | 9:14 am
41 Bills Set for 2025 Legislative Priority List, Key Anti-Corruption Bill Omitted
... the Tax Amnesty Bill, the Textile Industry Bill, the Cybersecurity Bill, ... . According to data from Indonesia Corruption Watch (ICW), the ... said recently. Hardjuno urged Indonesia to adopt lessons from ... 3 of 2014 on Industry Individual Proposals Bill on Climate ...News Nov 19, 2024 | 9:53 pm
Indonesia Reports $3 Million Smuggled Goods in Just One Week
... attempts that could potentially cause Indonesia to lose Rp 10.3 ... Rp 4.6 trillion from entering Indonesia, many of these items ... of the Indonesian domestic industry. Imported textiles are typically ... reported that the domestic textile industry had laid off at ...News Nov 14, 2024 | 2:43 pm
Sritex Avoids Layoffs Amid Bankruptcy, Furloughs 2,500 Due to Material Shortage
... tank Celios attributed challenges in Indonesia’s textile industry to an influx of lower ... have adversely affected the industry, with the Industry Ministry also citing such ... policies as contributing to declines in Indonesia ...Business Nov 13, 2024 | 11:02 am
Lawmakers Consider House Committee on Sritex Bankruptcy Ruling
... for exploring solutions to support Indonesia’s struggling textile industry, with a particular focus on ... the increasingly fierce competition within Indonesia's textile industry, which is one of the ...Business Nov 8, 2024 | 2:33 am
Trade Ministry Denies Its Import Relaxation Causes Sritex to Go Bankrupt
... had caused the downfall of Indonesia’s textile giant Sri Rejeki Isman ( ... the textile industry, including the company itself. The Industry Ministry even blamed Indonesia’s ... actually aimed to protect the textile industry,” Trade Minister Budi Santoso told ...Business Nov 4, 2024 | 9:30 am
15 Taiwanese Textile Companies Plan Relocation to Indonesia, Minister Airlangga Says
... relocate their operations to Indonesia. However, he emphasized ... Textile Association has expressed its intention to invest in Indonesia ... green energy linked to industry. Currently, green energy ... entry costs. Meanwhile, Indonesia currently faces tariffs ranging ...Business Nov 1, 2024 | 9:34 pm
Gov’t Allows Sritex to Resume Export Operations Despite Bankruptcy
... given the green light for textile giant Sri Rejeki Isman, better ... problems from hitting Indonesia’s labor-intensive industries. A number of textile firms also ... . Despite Sritex’ bankruptcy, the Indonesian textile industry -- particularly in the Central Javan ...Business Oct 31, 2024 | 11:00 am
Prabowo Leads Cabinet Meeting to Address Challenges Facing the Textile Industry
... current situation of Indonesia's textile industry, particularly focusing on textile giant Sri Rejeki ... to gain insights into the textile industry's difficulties. "His directive was ... bid to protect the domestic textile industry, which has struggled to return ...Business Oct 29, 2024 | 4:37 pm
Deputy Minister Assures No Layoffs for 50,000 Sritex Workers Despite Court Ruling
... no employees at Indonesia's largest textile company, Sri Rejeki ... visit to the Sritex textile factory in Sukoharjo, Central ... textile sector operational and preventing any company in the industry ... is one of Indonesia's oldest and largest textile companies, with ...News Oct 29, 2024 | 9:55 am
Sritex Develops 'Grand Strategy' to Keep Business Afloat and Protect 50,000 Jobs
... employees. Earlier in the day, Industry Minister Agus Gumiwang Kartasasmita met ... to become one of Indonesia's oldest and largest textile companies, with facilities ... has instructed the Ministry of Industry, Ministry of Finance, Ministry of ...Business Oct 28, 2024 | 3:52 pm
JFW 2025: APR Collaborations Promote Sustainable Fashion
... enthusiasts, and textile players to promote sustainable fashion in Indonesia. This ... Indonesian fashion industry. We want to invite textile industry players in Indonesia to continue ... an effort to advance the textile industry in Indonesia," said Yulius Ari Budi ...Special Updates Oct 25, 2024 | 9:40 pm
Government Backs Sritex as Textile Giant Fights Bankruptcy
... to protect the company’s workforce. Industry Minister Agus Gumiwang Kartasasmita revealed ... , as it is essential to Indonesia’s textile industry,” Agus noted. The Manpower Ministry ... continue contributing to the nation’s textile industry for years to come.Business Oct 25, 2024 | 6:02 pm
APR X DuniaTex X EMBA Collaboration Showcases Sustainable Fashion Collections at JFW 2025
... the development of a sustainable textile industry in Indonesia and to enhance public ... in Indonesia’s fashion industry. We aim to encourage textile industry players in Indonesia to ... effort to advance the textile industry in Indonesia,” said Yulius Ari Budi ...Lifestyle Oct 24, 2024 | 12:22 pm
Industry Leaders to Revolutionize Textile Industry with Circular Solutions
... Indonesia, a new initiative that aims to support stakeholders in fostering a circular textile industry ... practices across Indonesia's fashion industry. The project ... industry shared their insights on the future of textile waste management in Indonesia ...Special Updates Oct 4, 2024 | 12:34 pm
Flood of Imports Still Haunt Indonesia’s Layoff-Hit Textile Industry
... of beyond 50 means that Indonesia’s manufacturing sector remains expansive. A reading ... 50 mark means the industry is facing a contraction. Indonesia managed to secure ... zones,” Febri said. The Indonesian textile industry has been under media spotlight ...Business Oct 1, 2024 | 10:47 am
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