Industry Sectors:Finance & Insurance
Finance & Insurance
Proposed sweeping changes to Singapore’s restructuring and insolvency laws has come at a time when many companies, especially some offshore firms, are heavily burdened by debts and facing the threat…
Singapore’s Ezra Holdings has plunged to a $887.75m loss for the financial year ended 31 August 2016 as it took huge impairments and warned of “going concern issue.”
The deadline for shippers to collect laden containers from Hanjin Shipping at PSA’s Singapore terminals has expired.
Hong Kong-listed Jinhui Holdings is expected to formalise agreements with its lenders over restructuring of debts before the end of 2016, the company confirmed as it announced a third quarter…
A hefty price tag of close to $5bn could put off potential buyers for German container line Hamburg Sud according to analyst Alphaliner.
Shipping needs to develop a greater risk culture to avoid the problems it has experienced since the onset of the global financial crisis according to Kyvsgaard Consulting.