Bond bankruptcies are on the rise. Every tenth issuer will end

Bond bankruptcies are on the rise.  Every tenth issuer will end

People looking for appreciation of their money through investments in corporate bonds are increasingly deciding to see at least something from their investment in the end. In the Czech Republic, there are more and more cases where a company issues bonds but subsequently goes bankrupt. Last year, 22 issuers ended up in insolvency, so roughly … Read more

4. Everything goes wrong in the Year of the Rabbit! People who belong to the dragon must keep a low profile “this zodiac” may encounter rotten peach blossoms | Life | CTWANT

4. Everything goes wrong in the Year of the Rabbit! People who belong to the dragon must keep a low profile “this zodiac” may encounter rotten peach blossoms | Life | CTWANT

Numerology teacher Zhou Yingjun said on the program “News Digging Wow” a few days ago that there are 4 zodiac signs that need special attention in the year of Guimao in 2023. (Picture / flip from YouTube) Numerology teacher Zhou Yingjun said on the program “News Digging Wow” a few days ago that there are … Read more

‘Young Socialists are virtually bankrupt due to financial mismanagement’

‘Young Socialists are virtually bankrupt due to financial mismanagement’

ANP NOS News•yesterday, 23:05 De Jonge Socialisten (JS), the youth wing of the PvdA, is virtually bankrupt due to financial mismanagement, reports NRC. More than a ton of expenditure by two former treasurers is not justified, says the current JS board. The two treasurers may be prosecuted because it is not clear what more than … Read more

Bankruptcy was inevitable. Cryptocurrency firm Genesis owes billions

Bankruptcy was inevitable.  Cryptocurrency firm Genesis owes billions

The company and its subsidiaries Genesis Global Capital and Genesis Asia Pacific have filed for creditor protection in a US court. Genesis Global Capital stated that it has assets and liabilities in the range of one to ten billion dollars (up to approximately 221 billion CZK). He estimates the number of his creditors at 100,000. … Read more

Merpati Airlines disbands, 1,225 employees get IDR 54.8 billion

Merpati Airlines disbands, 1,225 employees get IDR 54.8 billion

Jakarta, CNNI Indonesia — 1,225 former airline employees Merpati Airlines will obtain proceeds from the sale of assets worth IDR 54.8 billion. This follows the decision of the Panel of Commercial Court Judges in the Surabaya District Court declaring the bankruptcy of PT Merpati Nusantara Airlines on June 2, 2022. PT Perusahaan Pengelola Aset (PPA) … Read more

BUMN Istaka Karya Officially Bankrupt

BUMN Istaka Karya Officially Bankrupt

Jakarta, CNN Indonesia — The Central Jakarta Commercial Court ruled that the State-Owned Enterprise (BUMN) PT Istaka Karya (Persero) bankrupt. The bankruptcy decision was confirmed by the Corporate Secretary of Istaka Karya, Yudi Kristanto. He said that after the bankruptcy decision, Istaka would settle the bankruptcy case. This week the management and curator will coordinate … Read more

Legitimate! Garuda Indonesia Officially Escapes from the Bondage of Bankruptcy

Legitimate!  Garuda Indonesia Officially Escapes from the Bondage of Bankruptcy

Jakarta – PT Garuda Indonesia (Persero) officially out of the bondage bankrupt in the PKPU process. The Panel of Judges of the Central Jakarta District Court accepted and declared that the Garuda Indonesia debt settlement agreement had been approved by creditors on 17 June 2022. Homologation verdict reading session Garuda Indonesia itself has been carried … Read more

Erick Thohir Reveals Krakatau Steel This Month Could Bankrupt, Why?

Erick Thohir Reveals Krakatau Steel This Month Could Bankrupt, Why?

Jakarta – Minister of State-Owned Enterprises (BUMN) Eric Thohir revealed the possibility of PT Krakatau Steel (Persero) Tbk this December could go bankrupt. This can happen if a number of restructuring measures fail to be carried out. “For Krakatau Steel, there are indeed three steps, problemHis third step is stuck. There are two restructurings that … Read more