Tupperware cancels auction, agrees to lender takeover
Tupperware Brands agreed to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief.
Wed Oct 23 2024
Musk warns of risks of US going bankrupt
Elon Musk says the interest on the debt is trending to rapidly absorb all tax revenue, leaving nothing for critical needs.
Tue Oct 22 2024
Tupperware files for bankruptcy as its colorful containers lose relevance
Post-pandemic cost hikes in raw materials, labor, and freight hit Tupperware's margins hard.
Wed Sep 18 2024
AWANI Tonight: Tupperware Brands set to file for bankruptcy
Tupperware Brands is preparing to file for bankruptcy after a year-long effort to revive the business, as it faces mounting debt and a sharp decline in demand for its once iconic plastic containers.
Tue Sep 17 2024
Altantuya’s family files bankruptcy notice against Razak Baginda
Abdul Razak Baginda failed to pay over RM9.24 mln in damages, including interest, to the family as ordered by the High Court in 2022.
Thu Aug 29 2024
Court rejects Najib and son's bid to stay bankruptcy proceedings
Today's decision was to stay the bankruptcy proceedings to allow the Special Commissioners of Income Tax (SCIT) hearing to go on first.
Mon Jul 29 2024
142,510 bankrupt cases given discharge so far, exceeding initial target of 130,000 cases - PM
The policy is extended to bankrupts to provide them the opportunity to return to contribute to the national economy and live a new life.
Thu Jul 25 2024
AWANI Review: WeWork’s Fallout: A reflection or anomaly in co-working demand?
WeWork's bankruptcy filing shouldn't be misinterpreted as a broader industry downturn. Local operators Stephanie Ping and Andrew Yeow of WORQ say that as offices continue to pivot towards flexible working, so too does the demand for co-working space.
Sat Nov 25 2023
Budget 2024: Second chance policy on bankruptcy expanded - PM
Datuk Seri Anwar Ibrahim said as of July this year, almost 14,000 cases with small debts of below RM50,000 discharged from bankruptcy.
Fri Oct 13 2023
31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal
The govt has implemented several initiatives including bankruptcy discharge for those declared bankrupt for debts below RM50,000.
Mon Jun 26 2023
Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship
The Budget 2023 commits to fiscal consolidation with further reduction in budget deficit to GDP ratio to 5% this year and to 3.2% by 2025.
Fri Feb 24 2023
Cuepacs proposes extending maximum loan tenure to prevent bankruptcies
The Finance Ministry and Bank Negara have been urged to look into extending the maximum loan tenure to increase disposable income and prevent bankruptcy.
Sat Feb 04 2023
Twitter won't go bankrupt anytime soon, says Elon Musk
Twitter head Elon Musk has confirmed that the social media platform is no longer "in the fast lane to bankruptcy" reported dpa.
Tue Dec 27 2022
Musk warns of Twitter bankruptcy as more senior executives quit
In his first meeting with all employees at Twitter, Musk warned that the company may lose billions of dollars next year.
Fri Nov 11 2022
Jamal denies being issued bankruptcy order, says eligible to contest in GE15
Sungai Besar BN candidate Jamal Md Yunos has denied being issued a bankruptcy order that could disqualify him from contesting in the GE15.
Fri Nov 04 2022
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
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024