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Sri Lanka parliament passes anti-corruption bill without vote - speaker

Sri Lanka parliament passes anti-corruption bill without vote - speaker

The legislation was passed without a vote in the 225-member parliament as part of requirements linked to a $2.9 billion bailout from IMF.
Wed Jul 19 2023
[COLUMNIST] Highway buy-back a form of bailout by the people?

[COLUMNIST] Highway buy-back a form of "bailout" by the people?

The overall objective should be meeting the minimum end date of the concession.
Fri Apr 15 2022
[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

The moral hazard risk abundant in the corporate world is multiplied times in the presence of government links and involvement.
Mon Apr 11 2022
Indonesia takes over land controlled by Suharto son's firm

Indonesia takes over land controlled by Suharto son's firm

The move was part of wider efforts to recoup $7.7 billion of unpaid loans given as bank bailouts during the 1997-1998 financial crisis.
Fri Nov 05 2021
Time for MAS and unions to look beyond bailouts

Time for MAS and unions to look beyond bailouts

Political interference can waste even the best talents and may have contributed to the failure of past turnaround efforts.
Mon Nov 30 2020
US: Man used coronavirus aid to buy Lamborghini, Justice Department says

US: Man used coronavirus aid to buy Lamborghini, Justice Department says

David Hines was arrested and charged with bank fraud, making false statements to a financial institution and engaging in transactions in unlawful proceeds, the US Justice Department announced Monday.
Wed Jul 29 2020
Govt will not bailout airlines - Finance Minister

Govt will not bailout airlines - Finance Minister

Tengku Zafrul said Khazanah Nasional Bhd's Board of Directors has not heard any news related to a capital injection of RM5 billion into Malaysia Airlines Bhd (MAB).
Fri Jun 12 2020
Indonesian government plans $8.6 billion coronavirus bailout for state firms

Indonesian government plans $8.6 billion coronavirus bailout for state firms

The bailout funds will be provided on top of capital injection plans made before the pandemic.
Sun May 17 2020
IMF turns its back on Europeans in Greece bailout

IMF turns its back on Europeans in Greece bailout

The "breakthrough" deal announced Wednesday to resume handing out bailout money to Greece sounded like old times: the IMF working with European countries again as official lenders to Athens.
Mon May 30 2016
Eurozone reaches deal on Greek bailout funds, debt

Eurozone reaches deal on Greek bailout funds, debt

Eurozone finance ministers reached a vital deal with Greece after marathon talks Wednesday to unlock 10.3 billion euros ($12 billion) in bailout cash and start debt relief.
Wed May 25 2016
Greek conservatives elect new leader to challenge PM Alexis Tsipras

Greek conservatives elect new leader to challenge PM Alexis Tsipras

Greek conservatives elected Kyriakos Mitsotakis as their new leader on Sunday, hoping he can revive their fortunes and challenge leftist Prime Minister Alexis Tsipras
Mon Jan 11 2016
Tsipras to back Greek bailout with Tsakalotos as finance minister

Tsipras to back Greek bailout with Tsakalotos as finance minister

Euclid Tsakalotos helped steer bailout discussions with Greece's creditors that produced an 86 billion euro loan accord with Athens in August.
Tue Sep 22 2015
EU welcomes Tsipras victory, says no 'time to lose' on reforms

EU welcomes Tsipras victory, says no 'time to lose' on reforms

European Commission head Jean-Claude Juncker congratulated Alexis Tsipras on his left-wing party's re-election victory.
Mon Sep 21 2015
Facts and figures on Sunday's Greek vote

Facts and figures on Sunday's Greek vote

Only Greek citizens aged 18 and above are entitled to vote on Sunday when ballots open, provided their rights have not been suspended.
Sun Sep 20 2015
Greece to receive 23 billion euro cash injection ahead of key repayment

Greece to receive 23 billion euro cash injection ahead of key repayment

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.
Thu Aug 20 2015
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024