Rork Projects’ John Paul Janke, front left, and Brian O’Rourke, front right, with staff. The company has been operating for 26 years. Photo: Rork Projects. Another building company with ACT connections has fallen to the conditions plaguing the industry. Rork Projects – Australia’s leading Indigenous construction company specialising in construction management, fit out and refurbishment…
A beloved craft brewery has entered voluntary administration following the collapse of its financial backer. Tasmania‘s Fox Friday Craft Brewery announced on Wednesday with ‘heavy hearts’ that McGrathNicol had been appointed as the administrator. The company started as a nano-brewery in the Hobart suburb of Moonah six years ago but has since grown to open venues across…
Australian-born footwear brand Wittner is the latest fashion business to fall into voluntary administration. Deloitte Turnaround & Restructuring partners Sal Algeri and David Orr have been appointed as administrators. The brand turns 113 this year. Algeri said trading will continue as normal as the administrators work towards a sale and/or recapitalisation of the Wittner business. …
Icahn Activism Could Distract Caesars from Debt-Cutting Goals Casino.org Read the original article here
SIHANOUKVILLE, April 17 — Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia’s Sihanoukville into a half-finished gambling resort with signs everywhere in Mandarin. China is the largest investor and trading partner in Cambodia, much of it directed towards the Gulf of Thailand port, a key strategic location in the Belt…
The Technical University of Kenya (TUK) has officially been declared financially insolvent by the National Assembly, as fresh revelations expose deep-rooted mismanagement and a staggering Sh12 billion debt burden that has crippled the institution. This comes amid shocking disclosures that no employee at TUK has received a full salary since 2013, the same year…
The Technical University of Kenya (TUK) has officially been declared financially insolvent by the National Assembly, as fresh revelations expose deep-rooted mismanagement and a staggering Sh12 billion debt burden that has crippled the institution. This comes amid shocking disclosures that no employee at TUK has received a full salary since 2013, the same year…
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Why China Is Hoping $1.6 Trillion Can Fix Its Hidden Debt Problem Bloomberg.com Read the original article here
The Technical University of Kenya (TUK) has officially been declared financially insolvent by the National Assembly, as fresh revelations expose deep-rooted mismanagement and a staggering Sh12 billion debt burden that has crippled the institution. This comes amid shocking disclosures that no employee at TUK has received a full salary since 2013, the same year…