#bankruptcy

Collection of bankruptcy news, found 114 news.

Job creation law ensures severance pay for laid-off workers: CORE

Law No. 11 of 2020 on job creation will guarantee that laid-off workers receive their severance pay, according to the ...

Group Lease Public Company Limited seeks 9,130 million Baht in damages from J Trust and directors in Thailand

Wedge Holding Company Limited ("Wedge Holding") announces that its consolidated subsidiary, Group Lease PCL ("GL"), ...

Finance Ministry underscores three focuses to address COVID-19 impacts

Director General of Financing and Risk Management of the Finance Ministry Luky Alfriman drew special attention to the ...

COVID-19 threatens to push aviation industry into bankruptcy: minister

Minister of Transportation Budi Karya Sumadi has said the COVID-19 pandemic is threatening to push the aviation ...

Global economy to fully recover in 2022: former Indonesian minister

The world's economic recovery from the twin crises, encumbering several nations worldwide owing to the ongoing ...

State budget must become solution to handle COVID-19 impact: minister

Finance Minister Sri Mulyani Indrawati asserted that the state budget (APBN) should serve as a solution and support the ...

Impact of coronavirus more complicated than global economic pressure

The coronavirus outbreak has a more complex impact on the global economy than the 2008 global economic pressure fueled ...

News Focus

Chinese companies innovate and flourish in fashion business

A number of companies engaged in the fashion business have experienced difficulties and even crises over the past five ...

Weekend Stories

Entong Gendut and fight for farmers' cause in early 1900s

As Indonesians get into the spirit of celebrating the country’s heroes on November 10, they have again begun ...

News Focus

Habibie, the genius of Indonesia's first aircraft creator

Indonesia's third president Bacharuddin Jusuf (BJ) Habibie passed away on Wednesday at 6.05 p.m. after being in ...

Pos Indonesia dismisses report of company going bankrupt

State-owned postal and logistical service company PT Pos Indonesia (Persero) has denied a report that claims its ...

Labor Institute urges government to enhance labor capacity

Labor Institute Indonesia has appealed to the government to step up capacity and competency of the labor force for ...

Special Report - IMF-WB meeting ends with strong call to ease trade frictions

The week long annual meeting of the International Monetary Fund and the World Bank ended here on Sunday with a strong ...

State budget performance improves until end of April: Sri Mulyani

Finance Minister Sri Mulyani Indrawati has described as improving the state budget performance, both in income and ...

Tens of small coal mining firms under bankruptcy threat

The Association of Indonesian Coal Producers (APBI) predicted tens of small-scale coal mining companies will go ...