Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, July 20
    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

    How could El Niño and climate change impact your investments?

    July 17, 2026
    Commodities

    DMCC and DIFC Courts expand partnership to strengthen dispute resolution framework

    July 13, 2026
    Commodities

    Q2 2026 In Commodities And Upgrading The HGER ETF To Buy Due To Key Drivers (NYSE:HGER)

    July 9, 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
    Stock Market

    Stock Market Highlights: Sensex Recovers 1,700 Points, Closes 1,050 Points Lower; Nifty Below 24,900

    March 2, 2026
    Bitcoin

    MARA Dumps $1.1 Billion In Bitcoin To Cut Debt By 30%

    March 26, 2026
    Finance

    Major IT issues hit finance officials in hours before last year’s budget – The Irish Times

    August 25, 2025
    What's Hot

    Trump Adviser Eyes $200 Million Bitcoin-Focused PAC

    August 4, 2025

    Bitcoin Price Slips to $75,600 as ETF Outflows and Geopolitical Risks Weigh on Crypto Market Sentiment

    May 27, 2026

    United Utilities opens 2026 graduate and internship scheme

    September 17, 2025
    Most Popular

    Commodities outlook: what threats lie ahead in 2025? | Analysis & Features

    January 10, 2025

    Hermes Pacific exits London Stock Exchange’s AIM market citing ‘undervalued’ shares

    August 8, 2024

    Astellas China exec lauds innovation-boosting policies

    March 10, 2025
    Editor's Picks

    Bitcoin Rebounds on Federal Reserve Rate Cut Hopes

    November 24, 2025

    Oil Shock Sets Up Inflation Test as Markets Eye CPI, PCE Data This Week

    April 6, 2026

    La finance décroche du peloton du Tour de France

    July 8, 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.