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bankruptcy

Cash-strapped Sri Lanka out of petrol: Prime Minister
Asia & Pacific 3 years ago

Cash-strapped Sri Lanka out of petrol: Prime Minister

"We have run out of petrol... At the moment, we only have petrol stocks for a single day,"...
Indonesia's future derivatives market
Academia 3 years ago

PREMIUM
Indonesia's future derivatives market

When the onshore derivatives market becomes more lucrative, market participants will more ...
Should we close down Garuda?
Academia 3 years ago

PREMIUM
Should we close down Garuda?

No matter its profitability, the existence of a national airline is considered mandatory to tell the...
Reset Garuda Indonesia through Citilink: A lesson from Europe
Academia 3 years ago

PREMIUM
Reset Garuda Indonesia through Citilink: A lesson from Europe

As Garuda’s subsidiary, Citilink is experienced in operating jet aircraft, namely the Air...
Suspension of debt payment is meant to save companies from bankruptcy
Academia 3 years ago

PREMIUM
Suspension of debt payment is meant to save companies from bankruptcy

The intent of PKPU is actually to benefit both the borrower and the creditor. It aims for a win-win ...
The tale of crisis-ridden Garuda: A phoenix in waiting?
Academia 3 years ago

PREMIUM
The tale of crisis-ridden Garuda: A phoenix in waiting?

If we want to pursue corruption cases related to Garuda, a bankruptcy procedure would give clear evi...
Bankruptcy moratorium and law reform is sorely needed
Opinion 3 years ago

PREMIUM
Bankruptcy moratorium and law reform is sorely needed

Tightening the requirements for bankruptcy applications could help, but would not address ...
Garuda’s dwindling options
Editorial 3 years ago

Garuda’s dwindling options

There is a limit to how far the nation will go to sustain its aviation pride. That limit may be at h...
Beware of bad faith debtors
Editorial 3 years ago

Beware of bad faith debtors

A moratorium on the filing of bankruptcy and PKPU petitions would damage the credit system and could...
Philippine Airlines files for bankruptcy
Business 3 years ago

Philippine Airlines files for bankruptcy

The national carrier of the Philippines said the filing will allow it to restructure contracts and c...
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