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settlement

Editorial 4 years ago

Saved from bankruptcy

The option of bankruptcy would kill any chance of the creditors recouping their loans because any revenues obtained from asset liquidation would first be allocated to tax payments and severance allowances to employees.

Art & Culture 4 years ago

Macklowe art collection becomes most expensive ever sold at auction

The famed Macklowe collection, subject of a bitter divorce battle between a New York property developer in the United States and his ex-wife, became the most expensive art collection ever sold at auction on Monday.

Editorial 4 years ago

PREMIUM
Indonesia’s G20 presidency amid rising trade tensions

The benefit of the RCEP is that even though it doesn’t call for liberalization at the same level, scope or depth of commitment as the CTPP, its impacts on the economies of member countries, and indeed on the world economy, will be massive.

Academia 4 years ago

PREMIUM
Enforcing ASEAN’S consensus is suicidal for Myanmar’s junta

The junta leader has no intention of realizing a single point of the agreement from the very beginning, and even when he does, the people and the ousted civilian leaders will choose to fight the junta anyway.

Academia 4 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 instead of a lose-lose situation.

Academia 4 years ago

PREMIUM
Reforming Indonesian tax dispute settlement system

An increase in the number of objection and non-objection appeals can be seen as a rise in the number of taxpayers dissatisfied with the audits conducted by the DGT.

Academia 4 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 evidence of state losses caused by alleged corruption.