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Search result with “Sritex” as a keyword founded 66 news.
Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion Loan Fraud
... textile giant Sri Rejeki Isman (Sritex), after naming him a suspect ... Evidence shows Iwan co-signed Sritex’s applications for working capital ... Eight New Suspects in Sritex Credit Fraud Case Prosecutors ... from the two banks alone. Sritex, once a dominant player ...News Aug 14, 2025 | 6:30 am
AGO Names Eight New Suspects in Sritex Credit Fraud Case
... the loan without considering Sritex’s outstanding MTN obligations and ... only general collateral, despite Sritex not being categorized as ... of approving loans to Sritex despite knowing the company ... allegedly signed off on Sritex’s loan analysis memorandum without ...News Jul 22, 2025 | 11:43 am
Economy Falters as Expert Urges Government to Move Beyond Rhetoric
... high-profile case, textile giant Sritex went bankrupt, leaving over 10 ...Business Jun 4, 2025 | 11:55 am
Indonesia Sees 70,000 Layoffs in Four Months: Labor Party
... affecting workers' rights. Read More: Sritex Furloughs 3,000 Employees After Bankruptcy ...News May 28, 2025 | 3:01 pm
IDX Urges Delisting of Sritex After Bankruptcy, CEO’s Arrest
... company Sri Rejeki Isman (Sritex) to formally delist from ... legal and financial troubles. Sritex (SRIL) was declared bankrupt ... industry, Central Java-based Sritex officially ceased operations in March ... of business. Read More: Sritex Takes Last Legal Avenue ...Business May 22, 2025 | 6:43 pm
Deputy Manpower Minister Insists Severance Pay for Former Sritex Employees Must Be Paid
... the former President Director of Sritex (2005–2022), Iwan ... several state-owned banks to Sritex. "This responsibility must ... that the rights of former Sritex workers, including severance, ... granting of credit facilities to Sritex. AGO's Director of Corruption ...News May 22, 2025 | 5:00 pm
Former Sritex Boss Accused of Embezzling Rp 692B in State Bank Loans
... giant Sri Rejeki Isman (Sritex), Iwan Setiawan Lukminto, has ... Abdul said. Read More: Sritex May Resume Operations Under New ... personal debts and purchase property. “Sritex had a BB- credit rating ... 2023 when a court declared Sritex bankrupt. The once-dominant ...News May 22, 2025 | 4:06 am
Bankrupt Textile Giant Sritex’s Ex-CEO Arrested in Graft Case
... the loans. The investigation follows Sritex’s declaration of bankruptcy in October ... More: IDX Signals Delisting of Sritex After Bankruptcy Ruling The preferred ... ’ meeting ultimately decided against continuing Sritex’s business operations, opting instead to ...News May 21, 2025 | 1:58 pm
Can Indonesia Provide A Better Life for Its Workers?
... sector. Indonesia’s largest textile firm Sritex had to lay off over ... heightened US-China trade war. Sritex workers visit their factory in ...News May 2, 2025 | 12:24 pm
On May Day, Prabowo Pledges Free Education, Anti-Corruption Drive
... in tech, textiles, and hospitality. Sritex, Southeast Asia’s largest textile manufacturer ...News May 1, 2025 | 11:11 am
President Prabowo Approves Task Forces to Address Tariffs, Unemployment, and Deregulation
... . Southeast Asia's largest textile manufacturer, Sritex, recently laid off 10,000 ...Business Apr 28, 2025 | 9:01 pm
Ahead of May Day, Labor Unions Call on Prabowo to Fulfill Promises
... cuts that reduced government bookings. Sritex, Southeast Asia's largest textile company ...News Apr 28, 2025 | 5:16 pm
Time for Indonesia to Get Rid of Ageism in Hiring
... brass after a layoff announcement at a Sritex factory in Sukoharjo, Central Java ...News Apr 28, 2025 | 3:26 pm
“My Saddest Eid”: Cirebon Factory Closure Leaves 1,126 Jobless, Workers Demand Rehire
... textile company, Sri Rejeki Isman (Sritex), is ceasing operations after a bankruptcy ... has been done. Read More: Sritex May Resume Operations Under New ...Business Apr 6, 2025 | 4:18 pm
Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries
... is the recent bankruptcy of Sritex, Indonesia’s oldest textile company, which ...Business Mar 20, 2025 | 12:09 am
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... 's textile giant Sri Rejeki Isman (Sritex), which laid off 10,665 ...Business Mar 19, 2025 | 2:39 pm
Beverage Producers Try Their Best to Avoid Layoffs as Excise Looms
... , the country's largest textile maker Sritex laid off over 10,000 ...Business Mar 5, 2025 | 8:44 pm
Factories Struggle as Indonesia Faces Industrial Challenges in 2025
... and the broader manufacturing industry. Sritex Among the most notable closures ... is Sri Rejeki Isman (Sritex), which officially halted operations on ...Business Mar 5, 2025 | 6:18 pm
Deflation and Layoffs Weaken Indonesia’s Ramadan Spending
... beyond seasonal trends.” Read More: Sritex May Resume Operations Under New ...Business Mar 3, 2025 | 8:57 pm
Less Beef Import for Private Sector Said to Worsen Indonesia's Layoff Worries
... the country's largest textile producer Sritex lost their jobs after the ... the company's top brass at a Sritex factory in Sukoharjo, Central Java ...Business Mar 3, 2025 | 8:00 pm
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