Türkiye's Onur Air declared bankrupt – ch-aviation
Türkiye’s Onur Air declared bankrupt ch-aviation Read the original article here
Net debt in brief! | View Points
Issam Qadamani The government borrows, but it also repays its debts. This is the essence of the 2026 financing budget. The net increase in public debt is the difference between the funds borrowed to meet financing needs and the amounts used to repay debts. The financing budget cannot be understood by looking only at the…
No Cookies | The Courier Mail
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Learner drivers lose £164k as NxtGen driving school shuts down
NxtGen Driving Academy described itself as “one of the fastest growing driving schools in East Anglia”. Instructors were based in Suffolk, Norfolk, Staffordshire, Buckinghamshire, Essex, Cambridgeshire, Sussex, North Wales and Cheshire. Some of the instructors were employed directly by the company, while others ran their own franchises. In addition to learners, HMRC is also owed…
Pacific tax pact to counter China’s ‘debt-trap diplomacy’ – The Australian
Pacific tax pact to counter China’s ‘debt-trap diplomacy’ The Australian Read the original article here
No Cookies | The Mercury
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Africa has a debt crisis: momentum from G20 in South Africa can help find solutions – Press Trust of India
Africa has a debt crisis: momentum from G20 in South Africa can help find solutions Press Trust of India Read the original article here
BDS Group boss shares his story behind company’s collapse
BDS Express offered a wide range of services, including freight operations, warehousing and storage. Image: BDS Group BDS Group Managing Director Harry Rathour has shared his account of why the Melbourne-based company he started from scratch in 2014 was placed into liquidation last week. Six entities under the group – BDS Express Trading, BDS Tyres,…
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JV AMC to cut bad debt as 3 banks move towards joint ventures
In parallel, the BOT is pushing forward with JV AMCs, or joint-venture asset management companies. The central bank has now issued a formal regulatory framework, with the goal of providing a special tool to help financial institutions manage bad debt in the system more efficiently, acting as a mechanism for banks to offload legacy NPLs.…