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Search result with “Indonesia Textile Layoffs” as a keyword founded 71 news.

Prabowo Reacts Calmly to First Corruption Scandal Hitting His Cabinet

... Manpower Minister Immanuel Ebenezer by Indonesia’s anti-graft commission (KPK), marking ... in handling mass layoffs earlier this year at textile giant Sritex, which ...
News Aug 21, 2025 | 8:00 pm

Apindo: Disproportionate US Tariffs Threaten Indonesia’s Export Competitiveness

... industries contribute significantly to Indonesia’s export market. She ... Such discrepancies could undermine Indonesia’s competitiveness, especially in labor ... Indonesia’s exports could trigger a domino effect, including mass layoffs, particularly in the textile ...
Business Jul 15, 2025 | 7:16 pm

Apindo Maps Worst-Case Scenarios from US Tariffs

... Indonesian goods could trigger mass layoffs, rupiah volatility, and other major ... further problems for Indonesia, such as the potential for layoffs,” Ajib added ... Threatens 70,000 Textile Jobs in Indonesia The Indonesian Textile Association (API) warned ...
Business Jul 14, 2025 | 5:54 pm

US Tariff Threatens 70,000 Textile Jobs in Indonesia

... in orders and potential mass layoffs following the United States’ ... for about 40 percent of Indonesia’s textile and garment exports. “If ... pandemic, nearly 30 textile companies in Indonesia laid off 120,000 ... 24,000 layoffs as of May 2025. Read More: Indonesia, US ...
Business Jul 10, 2025 | 3:20 pm

Indonesia’s Textile Industry Braces for Job Cuts as US Tariffs Loom

Jakarta. Indonesia’s textile industry faces potential job cuts ... tariffs raise fears of widespread layoffs in the labor-intensive ... to scale back operations, triggering layoffs. “We certainly don’t want ... to see mass layoffs,” Benny said, adding that ...
Business Jul 9, 2025 | 3:53 pm

Economy Falters as Expert Urges Government to Move Beyond Rhetoric

... Indonesia’s economy is showing signs of distress amid slowing growth, rising layoffs ... rhetoric. University of Indonesia economist Telisa Aulia ... high-profile case, textile giant Sritex went bankrupt ... Industry Struggles in Indonesia While welcoming the effort ...
Business Jun 4, 2025 | 11:55 am

Can Indonesia Provide A Better Life for Its Workers?

... of August 2024. Indonesia has witnessed massive layoffs happening across labor-intensive ... , regardless of their sector. Indonesia’s largest textile firm Sritex had to lay ... 3,500 workers. And these layoffs hit Indonesia before US President Donald Trump ...
News May 2, 2025 | 12:24 pm

On May Day, Prabowo Pledges Free Education, Anti-Corruption Drive

... conditions and widespread layoffs across various industries in Indonesia. The country’s ... hospitality. Sritex, Southeast Asia’s largest textile manufacturer, recently cut 10,000 ... In his speech, Prabowo acknowledged Indonesia’s abundance of natural wealth but ...
News May 1, 2025 | 11:11 am

President Prabowo Approves Task Forces to Address Tariffs, Unemployment, and Deregulation

... China. Indonesia has recently experienced a wave of layoffs, with the textile and tech ... task force would help address Indonesia's ongoing issues with investment barriers ... represents a critical step in addressing Indonesia’s most pressing economic issues and ...
Business Apr 28, 2025 | 9:01 pm

Ahead of May Day, Labor Unions Call on Prabowo to Fulfill Promises

... of layoffs, ranging from the tech industry to the textile sector. Hospitality ... bookings. Sritex, Southeast Asia's largest textile company, recently laid off 10 ... . Read More: Deflation and Layoffs Weaken Indonesia’s Ramadan Spending Iqbal also called ...
News Apr 28, 2025 | 5:16 pm

Time for Indonesia to Get Rid of Ageism in Hiring

... senior economist said Monday that Indonesia should make regulatory changes to ... 30. The incredibly populous Indonesia has witnessed countless unfair ... those working in the textile and footwear industry. “ ... Many people impacted by layoffs struggle to find formal ...
News Apr 28, 2025 | 3:26 pm

Indonesia Prepares Economic Stimulus to Counter US Tariffs, Protect Local Jobs

... conference. Read More: Indonesia Begins 60-Day Trade ... in the interim. Textile exports, Indonesia’s labor-intensive and ... he said. Read More: Indonesia’s Textile Industry Faces Layoff Surge, ... to respond to potential layoffs resulting from trade disruptions ...
Business Apr 18, 2025 | 6:15 pm

“My Saddest Eid”: Cirebon Factory Closure Leaves 1,126 Jobless, Workers Demand Rehire

... highlighting a growing crisis in Indonesia’s labor-intensive manufacturing sector ... layoffs sweeping the nation’s textile and footwear industries. In Central Java, Indonesia’s largest textile ... Indonesia workers visit the factory seeking information on layoffs, ...
Business Apr 6, 2025 | 4:18 pm

Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries

... widespread factory closures and mass layoffs. The move comes amid declining ... the recent bankruptcy of Sritex, Indonesia’s oldest textile company, which resulted in ... explained. Textile Industry Labor-intensive sectors play a crucial role in Indonesia’s economy ...
Business Mar 20, 2025 | 12:09 am

Frugal Ramadan Spending Puts Pressure on Indonesia's Economy

... strategic periods for boosting Indonesia’s national economy, as ... manufacturing companies conducted mass layoffs, affecting approximately 16, ... South East Asia's textile giant Sri Rejeki Isman ... However, despite Bank Indonesia maintaining interest rates in ...
Business Mar 19, 2025 | 2:39 pm

Prabowo Gathers Indonesian Tycoons for Talks on Danantara

... is often dubbed as Indonesia’s future economic driver that ... up in the discussions. Indonesia's textile industry is currently under ... mass layoffs. Aguan owns Agung Sedayu Group, one of Indonesia's ... which has invested in Indonesia's new capital Nusantara. ...
Business Mar 7, 2025 | 9:03 am

Beverage Producers Try Their Best to Avoid Layoffs as Excise Looms

... the industry could lead to layoffs. The government plans to ... of layoffs has hit Indonesia. Most recently, the country's largest textile maker ... sugary drinks. This way, Indonesia can prevent diabetes among kids ... -tank Cisdi show that Indonesia can save up to ...
Business Mar 5, 2025 | 8:44 pm

Factories Struggle as Indonesia Faces Industrial Challenges in 2025

... the end of February. Sanken Indonesia Sanken Indonesia, a manufacturer of switched-mode ... their future. Bapintri In the textile sector, Bapintri (Mbangun Praja Industri ... mass layoffs in 2025 highlights the growing difficulties faced by Indonesia’s manufacturing ...
Business Mar 5, 2025 | 6:18 pm

Less Beef Import for Private Sector Said to Worsen Indonesia's Layoff Worries

... flourish would only lead to layoffs. With only around 40 ... at the country's largest textile producer Sritex lost their jobs ... 's largest Muslim majority nation Indonesia has entered Ramadan. The fasting ... imports. Aside from Ramadan, Indonesia's beef demand is on ...
Business Mar 3, 2025 | 8:00 pm

IDX Signals Delisting of Sritex After Bankruptcy Ruling

... 1. The closure has triggered mass layoffs, affecting thousands of workers. IDX ... Friday. Read More: Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories ... the fate of one of Indonesia’s largest textile manufacturers, marking the end ...
Business Feb 28, 2025 | 5:03 pm
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