Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, August 11
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Why a commodities boom is not lifting Indonesia’s economy
    Commodities

    Why a commodities boom is not lifting Indonesia’s economy

    August 21, 20251 Min Read


    Ms Sri Lestari left her hometown as a teenager looking for work. Instead, she found a whole new life. In 2000, the then 18-year-old travelled to the quaint town of Sukoharjo in the Central Java province, and was offered a job at Sri Rejeki Isman, one of Indonesia’s largest textile and garment manufacturers. Sritex, as the company was known, was thriving, supplying garments to global retailers such as Uniqlo, Walmart and foreign militaries.

    It offered Ms Sri more than just a job; one of her colleagues became her husband, and with their combined income they were able to build a family home among the padi fields. But by 2025, the company’s fortunes had reversed. Burdened by debt, an influx of cheaper Chinese goods and stiff global competition, Sritex shut down its operations on March 1. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAs Trump tariffs gyrate, economists say the impact on Ohio is murky
    Next Article Dow Jones Bulls Await Fed Catalyst to Push Past 45K Barrier

    Related Posts

    Commodities

    The Commodities Feed: Oil drops amid renewed peace deal hopes | articles

    August 3, 2026
    Commodities

    Scottish commodities firm becomes listing on Dublin’s ‘springboard’ stock market – The Irish Times

    July 31, 2026
    Commodities

    The Commodities Feed: Oil rises as Middle East tensions reignite | articles

    July 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Bitcoin Price: Bitcoin Slips to $66,000 — What Happens If the $66K Support Breaks?

    March 29, 2026
    Bitcoin

    JPMorgan Chase CEO Jamie Dimon Has ‘Changed His Tune’ on Bitcoin and Crypto – According To Former President Trump

    July 18, 2024
    Bitcoin

    Bitcoin in 401(k)s Come With Serious Risks

    August 25, 2025
    What's Hot

    Bitcoin Price Prediction: Confirmed “Institutional Dump” Sets Stage for Drop to $60K

    March 27, 2026

    Le nouveau PDG de Tessin Nordic quitte le conseil d’administration de l’entreprise -Le 10 mars 2025 à 15:09

    March 10, 2025

    Bitcoin ‘Sits at a Crossroads’ As Spot ETF Inflows Drop While Futures Traders Absorb Sell Pressure: Glassnode

    September 12, 2025
    Most Popular

    Weather and Strikes Weigh on February US Jobs

    March 6, 2026

    Peter Schiff Explains Why Strategy (MSTR) Should Have Bought Gold Instead of Bitcoin

    September 28, 2025

    Passively managed funds and portfolio allocation

    June 15, 2025
    Editor's Picks

    FAS announces $480 million in McGovern-Dole, Food for Progress purchases 

    September 26, 2025

    Gold and Silver: The Case for a Potential Return to Metal-Based Monetary Standard

    August 29, 2025

    Hoodin est actuellement cotée sur Spotlight, hors droits de souscription dans le cadre d’une émission de préférence.

    May 19, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.