Indonesia’s Apparel and Footwear Exports to U.S. Reach $1.85 Billion in Q1 2025
Jakarta, Indonesia Sentinel -- Indonesia’s apparel and footwear exports to the United States totaled $1.85 billion during the first quarter ...
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Tag: Textile
Indonesian Textile Giant Sritex Shut Down Operations in March 2025 and Layoffs 8,400 After Declared Bankrupt
Jakarta, Indonesia Sentinel -- Indonesia’s leading textile manufacturer, Sritex, will officially cease operations on March 1, 2025, following a bankruptcy ...
Indonesia’s Textile Giant Sritex Fights Back After Supreme Court Upholds Bankruptcy Ruling
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (Sritex), one of Indonesia’s largest textile manufacturers, has announced plans to ...
Indonesia Foils $5.3 Million Illegal Textile Smuggling from China
Jakarta, Indonesia Sentinel -- The Indonesian government successfully thwarted an illegal textile smuggling operation worth approximately IDR 83 billion (around ...
Indonesia’s Textile Giant Sritex Declared Bankrupt, Here’s the Company Current Conditions
Jakarta, Indonesia Sentinel -- Indonesia's leading textile company, PT Sri Rejeki Isman Tbk (Sritex), has officially been declared bankrupt after ...
3,000 Workers Furloughed as Indonesia’s Sritex Battles Bankruptcy
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (Sritex), Indonesia’s largest textile manufacturer, is facing an uphill battle to ...
Sritex Group Declared Bankrupt After Supreme Court Rejects Appeal
Jakarta, Indonesia Sentinel -- PT Sri Rejeki Isman Tbk (Sritex), a prominent name in Indonesia's textile industry, along with its ...
Indonesian Workers Plan Mass Protest on February 2025 Over Illegal Textile Imports
Jakarta, Indonesia Sentinel -- Indonesian labor unions plan to stage a mass protest in front of the Presidential Palace in ...
Sritex Workers Face Uncertainty Amid Mounting Debt Crisis
Jakarta, Indonesia Sentinel -- The situation at PT Sri Rejeki Isman Tbk (Sritex) has deteriorated sharply following its bankruptcy ruling ...
Indonesia’s Textile Industry Suffers as 72.000 Container of Illegal Textile Imports from China Floods the Market
Jakarta, Indonesia Sentinel -- The domestic textile and textile products (TPT) industry in Indonesia has experienced a significant decline in ...
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