* CA Sri Lanka, BRIPASL and Registrar of Companies focuses on how to restructure and revive companies – Colombo Page

* CA Sri Lanka, BRIPASL and Registrar of Companies focuses on how to restructure and revive companies Sat, Nov 26, 2016, 07:30 am SL Time, ColomboPage News Desk, Sri Lanka. Nov 26, Colombo: The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), together with the Business Recovery and Insolvency Practitioners Association of Sri…

Ministers strike deal to tackle problem gambling online – ABC Online

The Federal Government has reached an in-principle agreement with state and territory ministers to establish a National Consumer Protection Framework for online gambling. Online gambling is a booming industry with an estimated 800,000 wagering accounts across Australia. Federal Human Services Minister Alan Tudge told the ABC the instances of problem gambling are three times…

Payday loan companies ‘hounding’ homeless teenagers and pushing them into debt, charity warns – The Independent

Unscrupulous payday loan companies are pushing debt onto homeless teenagers including those with learning difficulties, and hounding them for repayment, a charity has warned. A 19-year-old with learning difficulties was among those bombarded with aggressive text messages demanding he pay up, the youth homelessness charity Centrepoint said. Despite Centrepoint staff estimating that the Bradford teenager had…

Greek debt relief plan said to entail 33 billion euro bank bond swap – The Sydney Morning Herald

Greece’s battered banks are being asked to swap about 33 billion ($47 billion) in floating-rate bonds for 30-year, fixed-rate securities under a euro-area plan to shield Athens from future interest rate increases, three people with knowledge of the matter said. The swap is part of a package of debt-relief proposals for Greece to be presented…

Finance minister reaffirms relentless push for corporate restructuring – Yonhap News

SEOUL, Nov. 25 (Yonhap) — South Korea’s top economic policymaker said Friday that the government will continue its push to restructure ailing sectors such as shipbuilding and shipping in order to help Asia’s fourth-largest economy take another leap in the future. “The government has been implementing corporate restructuring schemes as they are not an undeniable…

Gov’t vows to speed up corporate restructuring – Hellenic Shipping News Worldwide

The government will order three warships worth 3.2 trillion won ($2.7 billion) next month to help shipbuilders survive plunging global demand. It also vowed to prepare detailed action plans to strengthen the competitiveness of the shipbuilding, shipping, steel and petrochemical industries. Corporate restructuring is a difficult process that takes a long time. We can reach…

Rockwell in liquidation bid as audit uncovers irregular deals – Mining MX

ROCKWELL Diamonds has suspended operations at its Wouterspan plant in South Africas Northern Cape following a contract dispute with a mining contractor that has subsequently applied for the liquidation of Rockwell subsidiary companies. The mining contractor C-Rock Mining (CML) has also filed for a spoliation order which, if granted by the court, sees certain equipment…