Role Funding: pijf-0044

As part of Gambling Harm Awareness Week, we are talking now with Cath Healey, the general manager of Te Rangihaeata Oranga Trust – a kaupapa Māori gambling harm service based in Heretaunga.

Gambling is often described as a “hidden harm” in Aotearoa New Zealand — and for Māori communities, the impacts are especially severe. While many New Zealanders see gambling…

Tp Oversize Transport en Logistics BV from Duiven, operating in the heavy transport industry, was declared insolvent on August 6, 2025. Since then, both the owner and his vehicles have disappeared, likely beyond the country’s borders. The situation raises questions about responsibility towards leasing companies and the potential legal nature of the case.

According to the local newspaper De Gelderlander, there have been no traces of the owner of Tp Oversize Transport en Logistics BV or his fleet since the bankruptcy announcement. Curator Sander Drijber stated that the company’s office was completely emptied.

It seems the owner fled with all his assets,” Drijber said, as quoted by the newspaper.

Bankruptcy following lessors’…

In a high-stakes turn in the resolution process of debt-ridden Jaiprakash Associates Ltd (JAL), the country’s second largest corporate insolvency case, the Committee of Creditors (CoC) has approved a challenge process. The challenge mechanism, if implemented, will push the five competing and shortlisted bidders into a real-time showdown, sort of a direct auction where bids and counter bids are placed, potentially molding the outcome in the final hours. 

This follows an overwhelming approval, with 93.1 per cent of creditors supporting the mechanism. The requisite number was 51 per cent. 

The stock market notification, JAL’s Resolution Professional (RP) said, the CoC was “to approve the mechanism for commercial negotiations with the…

SINGAPORE – Entertainment company mm2 Asia on Sept 1 announced that Cathay Cineplexes will undergo voluntary liquidation.

The struggling cinema chain, which owes money to the landlords of several of its outlets, is unable to continue operating as a going concern, its parent company said.

“Cathay Cineplexes had attempted to negotiate amicable resolutions with the various creditors, but (it) was unable to arrive at mutually agreeable restructuring outcomes of its payment obligations owed to these creditors,” mm2 Asia said.

The board of Cathay Cineplexes will proceed with a creditors’ voluntary liquidation of the cinema chain, after determining that it is “no longer feasible” to continue operating as a going concern, the media…

[SINGAPORE] Entertainment company mm2 Asia on Monday (Sep 1) announced that Cathay Cineplexes will undergo voluntary liquidation.

The struggling cinema chain, which owes money to landlords of several of its outlets, is unable to continue operating as a going concern, its parent company said.

“Cathay Cineplexes had attempted to negotiate amicable resolutions with the various creditors, but (it) was unable to arrive at mutually agreeable restructuring outcomes of its payment obligations owed to these creditors,” mm2 Asia said.

The board of Cathay Cineplexes will proceed with a creditors’ voluntary liquidation of the cinema chain, after determining that it is “no longer feasible” to continue operating as a going concern, the…

Cathay Cineplexes, a fixture in Singapore’s film scene since 1939, is preparing to close a significant chapter in its history.

The cinema chain will be undergoing voluntary liquidation, operator mm2 Asia announced on Monday (Sep 1) in a filing on Singapore Exchange.

“Cathay Cineplexes had attempted to negotiate amicable resolutions with the various creditors, but (it) was unable to arrive at mutually agreeable restructuring outcomes of its payment obligations owed to these creditors,” the entertainment company said. 

Going forward, the board of Cathay Cineplexes will voluntarily liquidate their cinema chain to repay creditors, mm2 Asia explained, adding that the board determined operation to be “no longer feasible”.

The cinema chain faced…

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• MoF says Rs1.133tr repaid on Aug 29, on top of Rs500bn cleared in June; total early repayments cross Rs2.6tr
• Central bank debt reduced to Rs3.8tr from Rs5.5tr; average domestic debt maturity rises to 3.8 years
• Falling interest rates saved Rs800bn in FY25, easing taxpayer burden

ISLAMABAD: The government on Sunday said it had retired about Rs1.133tr debt to the State Bank of Pakistan (SBP), taking advantage of the central bank’s record profits driven by the highest interest rates in the country’s history.

“On August 29, 2025, the Debt Management Office (of the Ministry of Finance) executed another monumental repayment of Rs1.133 trillion,” the Ministry of Finance (MoF) said in a statement, adding that this came on…