HK: Cash-strapped Chinese creator Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay US$11. 8 billion over a period of three to eight years, according to 2 sources with direct knowledge of the matter and a document seen by Reuters. Shanghai-based Shimao first missed a communityContinue Reading
TOKYO: Japan’s Ministry of Financing is set to request 26. 9 trillion yen (US$195. five billion) for financial debt servicing in the financial year beginning in April 2023, Yomiuri newspaper reported on Tuesday (Aug 23). That would tag a 10. 9 percent increase from a preliminary debt-servicing budget for thisContinue Reading
Beijing is blamed unfairly for its role and the long-claimed “debt-trap diplomacy” in Sri Lanka’s crisis, but its response has hardly enhanced China’s impact, says this author.Continue Reading
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves rose in order to US$110. 9 billion dollars (US$1=RM4. 48) since Aug 15, 2022, from US$109. 2 billion on This summer 29, 2022. Read complete story Continue Reading
The Bangkok Metropolitan Administration will revise the management of the Bus Rapid Transportation (BRT) system, that can be underused and has made an operating lack of over 1 billion baht since its launch in 3 years ago.Continue Reading
Mr Goh estimated that he could be earning more acquired he switched over to the ride-hailing platforms, or had concurrently used the ride-hailing programs on the job, which taxi cab drivers are permitted to do. Still, he’s no regrets because of his familiarity with generating a taxi without having toContinue Reading
The particular Bangkok Metropolitan Administration will revise the particular management of the Bus Rapid Transit (BRT) system, which has been underused and has made a good operating loss of more than 1 billion baht since its start in 2007.Continue Reading
A former Democrat MEGA-PIXEL is urging a probe to find the identity of a senator whose alleged mistress, the police corporal, continues to be accused of mistreating a member of their domestic staff.Continue Reading
The Office of the Council of Condition said this week that anyone who has applied for and received a student loan must repay this, following a social media campaign asking the government in order to wipe such financial debt.Continue Reading
KUALA LUMPUR: AirAsia X Bhd (AAX) posted a net loss of RM652.51mil, or loss per share of 157.30 sen in the fourth quarter ended June 30. Read full storyContinue Reading