# industry

Latest news group about industry.

Lawmakers Consider House Committee on Sritex Bankruptcy Ruling

Sritex CEO Iwan Kurniawan expressed hope that the Supreme Court would accept the appeal and overturn the bankruptcy ruling.
Business Nov 8, 2024 | 2:33 am

Prabowo to Try to Secure Ford, Volkswagen Investments in First Foreign Trip

Prabowo plans to spend most of November overseas, just weeks after assuming office.
Business Nov 4, 2024 | 3:53 pm

Trade Ministry Denies Its Import Relaxation Causes Sritex to Go Bankrupt

The Trade Ministry refuses to take the blame for Indonesian textile giant Sritex' downfall.
Business Nov 4, 2024 | 9:30 am

15 Taiwanese Textile Companies Plan Relocation to Indonesia, Minister Airlangga Says

Minister Airlangga Hartarto announced on Friday that 15 companies from Taiwan plan to relocate their operations to Indonesia
Business Nov 1, 2024 | 9:34 pm

Prabowo Leads Cabinet Meeting to Address Challenges Facing the Textile Industry

President Prabowo Subianto held a cabinet meeting on Tuesday to discuss Indonesia's textile industry, focusing on Sritex's challenges.
Business Oct 29, 2024 | 4:37 pm

Sritex Develops 'Grand Strategy' to Keep Business Afloat and Protect 50,000 Jobs

President Prabowo Subianto had ordered the creation of an inter-ministerial team to develop options and strategies for Sritex’s recovery.
Business Oct 28, 2024 | 3:52 pm

Boeing to Lay Off 17,000 Employees Amid Ongoing Strike, Delays

Boeing is set to lay off around 10 percent of its workforce, approximately 17,000 employees, as the company struggles with financial losses
Business Oct 12, 2024 | 10:44 am

As Big Supermarkets Pursue Profits, New Research Shows Growing Exploitation of Shrimp Farmers

In Vietnam, researchers found that workers who peel, gut and devein shrimp typically work six or seven days a week.
Business Sep 30, 2024 | 1:43 pm
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