ISLAMABAD: The new business plan of the Pakistan International Airlines (PIA) should include strategies to improve safety, catering and entertainment, a minister said on Friday. Special attention should be paid to the loss making routes and with the passage of time new fleet of aircrafts would be added to offer world class quality services to…
PETALING JAYA: The move by one of Malaysias largest property developer Sime Darby Bhd to create three stand-alone businesses will help the group unlock the value through better appreciation of its individual business units. The conglomerate has announced that it plans to spin off its plantations and property businesses in separate listings on Bursa Malaysia,…
Business insolvencies could be on the increase in uncertain times This suggests that the financial ramifications of the Brexit vote are already beginning to hit home and businesses should prepare for the fact that there could be worse to come, according to Simon Underwood, partner and business recovery specialist at Menzies. Crucially, the 5.5 per…
As many as 15,000 people will, within 12 months, avail of the mechanisms in new personal insolvency legislation before the Oireachtas, it has been claimed. Next months Personal Insolvency Bill will offer secured borrowers and lenders in arrears a reasonable alternative to bankruptcy, says one respected analyst. Fergus Doorly, insolvency and corporate recovery partner with…