Indonesia Gelap, Daftar Pabrik yang Bangkrut di Era Prabowo: Sritex, Sanken, PT GNI dan Yamaha

Summary

In early 2025, Indonesia’s manufacturing sector faces significant challenges, with major factory closures impacting thousands of workers. Notable companies like PT Sri Rezeki Isman Tbk (Sritex), PT Sanken Indonesia, and PT Yamaha Music are shutting down plants due to financial struggles, rising debts, and global market conditions. These closures lead to widespread layoffs, with over 12,000 workers losing their jobs. The situation is worsened by a sharp decline in global nickel prices affecting PT Gunbuster Nickel Industry. The crisis underscores the need for strategic financial adjustments and social support for displaced workers.

Takeaways

• 😀 Indonesia faces significant challenges in the manufacturing sector, with major factory closures occurring in early 2025.
• 😀 PT Sri Rezeki Isman Tbk (Sritek), a large textile company, has closed its operations due to financial difficulties, causing the loss of 10,665 jobs.
• 😀 The layoffs at Sritek are a result of mounting debt, with severance pay responsibilities falling to the company's curators and pension benefits under BPJS Ketenagakerjaan.
• 😀 Other companies like PT Sanken Indonesia, PT Yamaha Music Products Asia, and PT GNI are also shutting down operations or facing severe production declines.
• 😀 PT Sanken will close all its production lines by June 2025, affecting 459 workers due to sustained losses since 2019.
• 😀 PT Yamaha will close two music division factories in 2025, leading to 1,100 potential layoffs, as the company relocates production to China and Japan.
• 😀 PT GNI, a nickel smelting company, is struggling with a significant drop in production, potentially facing bankruptcy due to financial troubles and reduced nickel prices.
• 😀 PT GNI's parent company, Jiangsu Delong Nickel Industry Co., has been unable to pay local nickel suppliers, leading to a supply shortage and production delays.
• 😀 A global drop in nickel prices since late 2022 has worsened the situation for PT GNI, making nickel production in Indonesia more restricted.
• 😀 The manufacturing sector's challenges in Indonesia reflect broader economic struggles, with factory closures and job losses affecting thousands of workers.

Q & A

What are the major challenges Indonesia is facing in the manufacturing sector in early 2025?

Indonesia is experiencing significant challenges in its manufacturing sector due to the closure of major factories in early 2025. This has raised concerns about the economic and social impacts, including the potential loss of thousands of jobs.

Which company announced the closure of its factory in March 2025, and what caused it?

PT Sri Rezeki Isman Tbk, also known as Sritex, announced the closure of its factory in March 2025. The closure was caused by financial issues, including massive debts amounting to nearly one trillion IDR.

How many workers are affected by the layoffs at PT Sri Rezeki Isman Tbk?

A total of 10,665 workers were affected by layoffs at PT Sri Rezeki Isman Tbk, which includes workers from factories in Semarang, Sukuarjo, and Boyolali.

What responsibilities do the workers have after being laid off from PT Sritex?

The responsibility for severance pay falls to the company's bankruptcy administrators, while pension guarantees are handled by the BPJS Ketenagakerjaan (Indonesian Social Security Agency for Employment).

Which other companies are also closing factories in Indonesia in 2025, and what are the reasons behind the closures?

In addition to PT Sritex, companies like PT Sanken Indonesia and PT Yamaha Musik also announced factory closures in 2025. PT Sanken closed due to continuous financial losses since 2019, while PT Yamaha closed two factories because of unprofitable conditions.

What is the impact of PT Sanken Indonesia's factory closure in Bekasi?

PT Sanken Indonesia's factory closure in Bekasi will result in 459 workers losing their jobs. The closure is attributed to ongoing financial losses since 2019.

How is PT Yamaha Musik responding to its factory closures?

PT Yamaha Musik is closing two of its factories due to financial difficulties and will transfer production to China and Japan.

What challenges is PT Gunbuster Nickel Industry (PT GNI) facing in 2025?

PT Gunbuster Nickel Industry (PT GNI) is facing significant production declines and potential bankruptcy due to financial issues and a significant reduction in nickel production. These problems have been exacerbated by delayed payments to local nickel suppliers and a drop in global nickel prices.

How has the global nickel price decline affected PT GNI's operations?

The global decline in nickel prices, which began in late 2022, has made nickel production in Indonesia more restricted and has significantly impacted PT GNI's operations, leading to production cuts and financial difficulties.

What does the future hold for PT GNI if the current situation continues?

If the current financial situation and production issues persist, PT GNI may have to halt its production operations. The company is already struggling with unpaid debts and challenges in sourcing nickel ore, which could lead to further operational shutdowns.