Under this plan, future investors will rent Sritex’s industrial machines and restart operations, bringing back workers under ...

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

ILUSTRASI. China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina.

Indonesia’s largest textile manufacturer, Sri Rejeki Isman, or Sritex, has officially shut down operations, leading to 10,965 ...

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

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

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

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 ...

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 ...

JAKARTA -- Attempts by one of Indonesia's biggest textile companies, Sri Rejeki Isman (Sritex), to appease its creditors and remain operating ended in defeat on Friday when a court declared it ...