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Sritex bankruptcy affirmed, what next?

So, the Supreme Court has ruled against PT Sri Reject Isman Tbk (SRIL) or Sritex and affirmed lower court’s decision to declare the textile company bankrupt as demanded by rayon producer PT Indo Bharat Rayon. The government asks state bank BNI to ask other creditors to keep Sritex alive. 

Business

Sritex bankruptcy affirmed, what next?

So, the Supreme Court has ruled against PT Sri Reject Isman Tbk (SRIL) or Sritex and affirmed lower court’s decision to declare the textile company bankrupt as demanded by rayon producer PT Indo Bharat Rayon. The government asks state bank BNI to ask other creditors to keep Sritex alive. 

Profiles

Man to Watch: Pramono Anung

Pramono Anung will soon be sworn in as the new Governor of Jakarta after the General Election Commission (KPU) announced him and his running mate Rano Karno as winners of the 2024 Jakarta gubernatorial election. Let’s get to know more about Pramono, who has a potential to become a contender in 2029 presidential election should he perform well in Jakarta.

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