Indonesia’s Layoffs Exceed 59.000, Sritex Bankruptcy Could Significantly Adds the Number
Jakarta, Indonesia Sentinel -- Indonesia's Ministry of Manpower (Kemnaker) reported that layoffs have impacted 59,764 workers as of October 24, ...
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Tag: Sritex
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, ...
Union Leader Defends Workers After Sritex’s Bankruptcy: “Debt, Not Wages, to Blame”
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (SRIL) widely known as Sritex, has been declared bankrupt by the ...
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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