Indonesia's troubled textile firm PT Sri Rejeki Isman, or Sritex, is in talks with potential investors to take over assets ...

Sritex, once Southeast Asia’s largest textile manufacturer, used to provide military uniforms for Nato and the German Army.

President of the Labor Party, Said Iqbal, deems the closure of Sritex on March 1, 2025, as the right momentum to oust ...

Authorities claim to have identified 10,666 job vacancies in Surakarta and the surrounding areas in industries including ...

President Prabowo Subianto met with several ministers from his Red and White Cabinet and representatives of the bankrupt ...

Indonesian textile giant PT Sri Rejeki Isman will lay off thousands of workers as it prepares to shutter operations after ...

TEMPO.CO, Solo - A total of 10,665 workers of the textile giant Sritex have been terminated, per January to February 26, 2025, as court declared the company bankrupt. The workers came from four ...

JAKARTA, Feb 28 (Bernama) -- Indonesian textile giant PT Sri Rejeki Isman (Sritex) will permanently shut down on March 1, ...

The government reportedly prepares a state-owned enterprise to rescue Sritex. The option of investment under Danantara ...

TEMPO.CO, Jakarta - Indonesia's troubled textile firm PT Sri Rejeki Isman, or Sritex, is in talks with potential investors to ...

Sritex was declared bankrupt at the end of last year as it struggled to service its debts, which reached $1.6 billion in June ...

The Sritex bankruptcy liquidators could not work properly to recover loans owed to creditors. There were threats from senior ...