Policy Space Remains Despite Low Interest Rates Addressing monetary policy concerns, Vitai acknowledged that Thailand’s policy rate of 1.5% is already amongst the lowest globally. However, he maintained that the central bank retains policy space to reduce rates further if necessary. “Can we reduce it if needed? Yes, we can,” he stated, adding…
German wind turbine manufacturer files for insolvency Recharge News Read the original article here
No Cookies To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to…
MANILA – A total of 1,071 agrarian reform beneficiaries (ARBs) from across Nueva Ecija are set to receive their own land titles, debt condonation certificates, and financial assistance from the Department of Agrarian Reform (DAR) at the Talavera National High School Gym on Friday. In a news release Thursday, the DAR said the initiative is…
Ballarpur Industries Limited (BILT), once a flagship entity of the Avantha Group and a leading name in India’s paper industry, has successfully emerged from a protracted corporate insolvency process, marking a new chapter under the ownership of Finquest Financial Solutions Private Limited (FFSPL). Background: A legacy of debt and insolvency The company’s financial troubles came…
Deputy Attorney-General and Minister of Justice, Dr. Justice Srem-Sai, has underscored the importance of Ghana’s Corporate Insolvency and Restructuring Act (CIRA), describing it as a vital instrument for protecting local enterprises and rebuilding investor confidence. Speaking at a stakeholder sensitization forum on Ghana’s enhanced insolvency framework on October 8, 2025, Dr. Srem-Sai noted that the…
David Sharaz served bankruptcy notice Daily Telegraph Sydney Read the original article here
Financial problems at the maker of spark plugs, wiper blades, brake calipers, brake shoes, tow hitches and motor oil has caused intense anxiety on Wall Street in recent weeks. Car parts are not usually something that causes finance chiefs to lose much sleep. But the potentially multibillion-dollar financial crisis surrounding First Brands has them rattled.…
This news release on bankruptcies focuses on the change compared to the previous year and on the bankruptcy rate. This is the number of declared bankruptcies per 100 thousand businesses. The bankruptcy rate provides a clearer picture of the change in the number of bankruptcies in the Netherlands. It also allows for better comparison between…
An Italian olive oil business half-owned by Jon Adgemis made no money over seven years and reported production valued at just €1, despite being lent hundreds of thousands of dollars by the bankrupt dealmaker. Olivetta Dreams, established in 2017 and based in a small town a half hour’s drive from Monaco, was lent more than…