JAKARTA: (Bernama) Mass layoffs have affected more than 60,000 workers across 50 companies in Indonesia between January and February 2025, according to the Labour Party and the Indonesian Workers’ Confederation (KSPI). KSPI President Said Iqbal said its research has indicated that 30 per cent of these companies, including the renowned textile firm Sritex, have gone bankrupt, emphasising the...
JAKARTA (Bloomberg): Indonesia posted an unlikely budget deficit as of February due to a double-digit drop in state revenues, adding to concerns about the health of government finances this year. The shortfall stood at 31.2 trillion rupiah in the first two months of 2025, equivalent to 0.13% of gross domestic product, Finance Minister Sri Mulyani Indrawati...
ISKANDAR PUTERI: Police have confirmed receiving a report about a two-month-old baby girl who was found in a weak and injured state when her mother picked her up from the babysitter’s house on Sept 4. Iskandar Puteri OCPD Asst Comm M. Kumarasan said that the report was filed by the victim’s mother at the Iskandar Puteri...
