The Scenario to Save Sritex
The government reportedly prepares a state-owned enterprise to rescue Sritex. The option of investment under Danantara emerges.
Khairul Anam
February 24, 2025

A FEW days after the Supreme Court rejected the appeal against the bankruptcy ruling of Sri Rejeki Isman (Sritex) in mid-December 2024, the government promptly invited the company’s curators for a meeting. During the discussion, officials sought to understand the curators’ plans following the bankruptcy of the textile giant from Sukoharjo, Central Java.
“The government wants a comprehensive picture of Sritex’s rescue
...