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
Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi
Amendment to Act 360 in regard to automatic discharge from bankruptcy after three years is among the proposals submitted to the government.
Fri Aug 26 2022
Has blockchain found a use beyond crypto trading?
The crypto crash brought devastation for small investors and bankruptcy for many companies.
Sat Aug 20 2022
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024