17 Banks Shut Down: Indonesia Faces Financial Sector Challenges
Jakarta, Indonesia Sentinel -- As 2024 approaches its end, Indonesia’s financial sector faces growing turbulence, with 17 banks declared bankrupt ...
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Tag: Bankrupt
The Collapse of Sritex: What Led to the Bankruptcy of Indonesia’s Textile Giant?
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (SRIL) better known as Sritex, one of Indonesia's largest textile manufacturers, ...
Indonesian Textile Leader Sritex Declared Bankrupt, $1.6 Billion Debt Crisis
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (SRIL) or Sritex, one of Indonesia's largest textile companies, was officially ...
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