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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
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024