Discount retailer Miniso Australian master franchisee collapses into voluntary administration – Property Observer

Launched in Australia back in 2017, Miniso is headquartered in Guangzhou, China, It is understood the company suffered from a lockdown decline in foot traffic, and it did not have a very strong e-commerce strategy. Minisos local landlords, including ASX-listed centre owners Scentre Group, GPT Group, Vicinity Centres and Stockland, are not receiving rent payments…

Financial experts express mixed feelings on RBIs restructuring package – Business Standard

Srei Infrastructure Finance vice chairman Sunil Kanoria said the RBI restructuring package is somewhat “restrictive and not a workable solution” TopicsFinancial Advisor|RBI|NBFCs The loan restructuring package announced by the Reserve Bank of India evoked mixed reactions from experts in the financial sector, as some found it helpful for the tourism industry, while others described the…