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September 27, 2021
September 27, 2021

Over 10,000 bankruptcies and 1,200 companies forced to wind down during pandemic

Throughout the Covid19 pandemic from March 2020 to July 2021: ⭕ 1,246 companies winding down, of which:➡️ 497 cases (39.89%) in the Federal Territories➡️ 273 cases […]
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August 27, 2021
August 27, 2021

Creditors file winding up petition for Air Seychelles

DUBAI, Aug 26 (Reuters) – Holders of around $70 million in troubled bonds issued on behalf of state-owned Air Seychelles have filed a petition to wind […]
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August 27, 2021
August 27, 2021

Indonesia’s Garuda removes directors to save costs amid debt restructuring

JAKARTA, Aug 14 (Bloomberg): Flag carrier PT Garuda Indonesia has shrunk its management to reduce costs as the airline restructures its way out of a pandemic-driven […]
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August 27, 2021
August 27, 2021

Laws to be amended to keep businesses competitive — Ministry Sec-Gen

BY BERNAMA KUALA LUMPUR (Aug 24): Amendments will be made to legislation to enable businesses to remain competitive and to make Malaysia a preferred destination in doing business, […]
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August 18, 2021
August 18, 2021

Indebtedness Threshold be raised to RM50,000

The Minister of Domestic Trade and Consumer Affairs, Datuk Seri Alexander Nanta Linggi had via Gazette No. 4159/2021 increased the indebtedness threshold amount under Section 46(1)(a) […]
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