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Search result with “Layoffs In Indonesia” as a keyword founded 251 news.Less Beef Import for Private Sector Said to Worsen Indonesia's Layoff Worries
... flourish would only lead to layoffs. With only around 40 ... 's largest Muslim majority nation Indonesia has entered Ramadan. The fasting ... foreign-grown meat had landed in Indonesia. "But what will happen ... 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 ... ’s main hall in Jakarta on Friday. Read More: Sritex, Indonesia’s Largest Textile ... belongings following a bankruptcy ruling by Indonesia’s Supreme Court. The decision sealed ...Business Feb 28, 2025 | 5:03 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... workers. Mass layoffs have been carried out in three stages ... Sritex was one of Indonesia’s largest and most renowned ... comes at a time when Indonesia’s textile and garment industry ... 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 industry ... on the margins of Backstagers Indonesia’s event in Jakarta on Wednesday. Ria ... also supports Backstagers Indonesia's efforts in developing human capital in the event sector ...Business Feb 27, 2025 | 11:32 am
Luhut: Indonesia Must Guard Textile Industry from China’s Export Surge
... exploring Indonesia’s potential role in the global semiconductor supply chain. Surge in Layoffs and ... losses—up from 7,200 layoffs in Bandung and Surakarta in 2023. The Manpower ...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 entity from ... machines and refrigerators. “Sanken Indonesia specializes in producing switched-mode power supply ...Business Feb 21, 2025 | 9:52 pm
Stop Relying on Seasonal Factors for Economic Growth
... competitive advantages -- are outperforming Indonesia in attracting foreign direct investment (FDI ... public governance principles has trapped Indonesia in a vicious cycle -- where ... 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
... allegedly originating from China in a joint operation involving ... blamed for the decline of Indonesia’s textile industry. According ... between 2022 and 2024. In December 2024, a Manpower ... textile companies are planning layoffs, potentially affecting up to ...Business Feb 5, 2025 | 9:20 pm
Indonesia Aims to Send 425,000 Migrant Workers Abroad in 2025
... ministry’s crucial role in creating job opportunities for Indonesia’s large workforce, ... including new job seekers and those affected by layoffs in ... skilled workers could position Indonesia to generate substantial foreign ...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 ... the HGBT policy to prevent layoffs. "This will further ... HGBT policy, particularly in Western Java in 2021 and 2022, ... in Southeast Asia. "With this policy, Indonesia's gas price is the highest in ...Business Jan 9, 2025 | 2:02 pm
Indonesia to Possibly Revise Rule That Eases Import Curbs
... regulation No. 8/2024, Indonesia no longer requires importers of ... ministry had already engaged in talks with stakeholders, ... blamed for the massive layoffs in the Indonesian textile industry. ... Rejeki Isman, or Sritex, in Sukoharjo, Central Java, Thursday ...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 ... the highest number of layoffs, with 14,501 cases ... Indonesia also shows the unemployment rate reached 7.47 million in ... a direct impact, especially in facilitating access to quality job ...Special Updates Jan 6, 2025 | 5:37 pm
West Java Apindo Warns New Minimum Wage Policy Could Drive Away Investors
... could deter investors from Indonesia’s most populous province. ... if it doesn’t operate in multiple countries,” Ning ... could erode investor trust in West Java’s legal framework, ... potentially resulting in mass layoffs and worsening unemployment in West Java. ...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 could ... textile companies are planning layoffs, potentially affecting up ... poses significant risks to Indonesia’s textile industry,” Noel ... main factors driving the surge in layoffs. “I hope to serve ...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 ... ago, 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
... company is seeking to avoid layoffs during this difficult period. ... , Sritex is a major player in Indonesia’s textile industry, supplying military uniforms ... sector, which is vital to Indonesia’s economy. The government has ... 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
... --the final legal recourse available in Indonesia -- to contest the ruling. ... given its pivotal role in Indonesia’s textile industry and its ... the risk of mass layoffs. “We are committed ... operations and avoiding mass layoffs during this challenging period,” ...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 ... other ASEAN countries, where Indonesia’s rate is the highest,” ... mitigate the risks of layoffs. Small businesses are expected ... promote cleaner transportation options. In the housing sector, ...Business Dec 18, 2024 | 9:36 am
Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class
... strong purchasing power. In contrast, Indonesia’s economy remains weak, ... the public. “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 ...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 ... to promote cleaner transportation options. In the housing sector, VAT exemptions ...Business Dec 17, 2024 | 5:17 pm
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