#bankrupt

Collection of bankrupt news, found 93 news.

Layoffs in Indonesia: Understanding causes and government's efforts

Layoffs currently loom over Indonesia, especially after the Indonesian textile giant PT Sri Rejeki Isman (Sritex) and ...

Govt to watch disbursement of benefits for Sritex's laid-off employees

Manpower Minister Yassierli will oversee the distribution of benefits, comprising Old Age Security (JHT), Job Loss ...

At least 58,000 jobs to open up in Indonesia soon: deputy minister

Deputy Minister of Manpower Immanuel Ebenezer Gerungan has announced that at least 58,000 job vacancies will soon be ...

Prabowo convenes with ministers, Sritex representatives over layoffs

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

This Valentine's, cocoa crisis serves up a bitter challenge

The rise in the price of chocolates around Valentine’s Day is not just another newsworthy trend, but evidence of ...

Indonesia's Sritex workers urged to trust govt in crisis resolution

A manpower official has reached out to the Sritex labor union, urging them to let the government take charge of ...

State to protect employees of Sritex from lay-offs: ministry

Deputy Minister of Manpower, Immanuel Ebenezer Gerungan, said that the state is there for the employees of textile ...

Manpower Ministry ensures no layoffs at Sritex

Deputy Minister of Manpower Immanuel Ebenezer Gerungan confirmed no layoffs at the giant textile company, ...

House Speaker seeks govt intervention in textile industry

Speaker of the House of Representatives (DPR), Puan Maharani, has urged the government to devise an intervention for ...

DPR urges govt to prioritize saving Sritex employees from layoffs

Indonesian House of Representatives (DPR RI) speaker Puan Maharani urged the government to prioritize safeguarding ...

Ministry should gather data on companies in financial distress: DPR

Member of Commission IX of the House of Representatives (DPR) Achmad Ru'yat urged the Ministry of Manpower to ...

Indonesia's Prabowo urges no layoffs at Sritex amid bankruptcy

President Prabowo Subianto has instructed related ministries to ensure that no Sritex employees are laid off and that ...

Govt sets rescue plan for textile giant Sritex after bankruptcy ruling

The Ministry of Industry is formulating several rescue strategies for publicly listed textile company PT Sri Rejeki ...

Sritex bankruptcy: Minister promises to prevent staff layoffs

Industry Minister Agus Gumiwang Kartasasmita has said that the government will take immediate steps to protect the ...

Indonesia speeds up digitization to improve postal services

Indonesia's Ministry of Communication and Informatics (Kominfo) has said that it is continuing to accelerate ...