13 firefighters declared bankrupt taken disciplinary action

Several factors led them to be declared bankrupt, mostly for becoming guarantors to loan borrowers. Malaysian Fire and Rescue Department director-general Datuk Nor Hisham Mohammad (centre) presenting the Fire Service Medal, the 2024 Excellent Service Award and the 30-Year Service Certificate. – Photo by Bernama ALOR SETAR – The Malaysian Fire and Rescue Department has…

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Hudson’s Bay likely to close some stores in restructuring

Article content Retail and insolvency experts expect Hudson’s Bay will close some of its stores as it restructures through creditor protection. Article content While the department store chain dating back to 1670 hasn’t announced plans to shutter locations, Insolvency Insider newsletter editor Dina Kovacevic says it’s not unusual for retailers under creditor protection to take…