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bankruptcy

APINDO seeks extension of loan restructuring program, moratorium on bankruptcy petitions
Business 3 years ago

PREMIUM
APINDO seeks extension of loan restructuring program, moratorium on bankruptcy petitions

A significant increase in the number of insolvency and bankruptcy petitions has prompted demands for...
Questioning the idea of a bankruptcy moratorium
Opinion 3 years ago

PREMIUM
Questioning the idea of a bankruptcy moratorium

The PKPU scheme is in place to help borrowers restructure their debt. 
Garuda Indonesia faces lawsuits at home and abroad
Business 3 years ago

PREMIUM
Garuda Indonesia faces lawsuits at home and abroad

Garuda Indonesia is facing multiple lawsuits from foreign and domestic aviation companies, including...
Garuda faces bankruptcy, weighs options
Business 4 years ago

PREMIUM
Garuda faces bankruptcy, weighs options

Garuda Indonesia is mulling over ways to extricate itself from a debt crisis, and one of the favored...
Garuda’s recovery from debt crisis hinges on business restructuring
Business 4 years ago

PREMIUM
Garuda’s recovery from debt crisis hinges on business restructuring

National flag carrier Garuda Indonesia needs more than cash to survive another day. To solve its Rp7...
Malaysian ex-PM Najib faces bankruptcy over tax bill
SE Asia 4 years ago

Malaysian ex-PM Najib faces bankruptcy over tax bill

Najib lost power in 2018 when his party, which had governed the Southeast Asian nation for six decad...
Almost 90,000 sexual abuse claims expected against US Boy Scouts
World 4 years ago

Almost 90,000 sexual abuse claims expected against US Boy Scouts

The figure, revealing the scale of alleged abuse committed over decades by scout leaders, dwarfs the...
Death knell sounds for some of Japan's oldest department stores
Business 4 years ago

Death knell sounds for some of Japan's oldest department stores

After more than three centuries in business, the Onuma department store in northern Japanese city of...
Creditors take control of struggling Cirque du Soleil
Art & Culture 4 years ago

Creditors take control of struggling Cirque du Soleil

A group of Cirque du Soleil creditors has announced it will take control of the heavily indebted Can...
Cirque du Soleil accepts purchase offer from creditors
Art & Culture 4 years ago

Cirque du Soleil accepts purchase offer from creditors

Canadian cultural icon Cirque du Soleil accepted a purchase offer from its creditors Thursday, which...
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