PUTRAJAYA, Feb 27 — A businessman from Sarawak won his appeal at the Federal Court to set aside a tour agent’s counterclaim against him, which sought to recover gambling debts.
BUTTERWORTH, Nov 6 — The police have arrested four men, including two brothers, to assist in investigations into a shooting incident at a house in Taman Pandan, believed to be triggered by a debt dispute.
By Zareef Muzammil SHAH ALAM, Nov 12 — The state administration's commitment to settling the remaining RM19.2 million debt from the Water Supply Project and the Selangor State Trust Scheme (Asas) is poised to propel the state forward. Lembah Jaya state assemblyman Syed Ahmad Syed Abdul...
By Danial Dzulkifly SHAH ALAM, Nov 10 — Selangor is on track to fully settle all of its debts to the Federal government by 2024, marking a significant financial milestone for Malaysia’s most developed state. Menteri Besar Dato’ Seri Amirudin Shari said, at present, Selangor’s debt liability...
BEIJING, Oct 17 — China has instructed state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of the matter said, as part of Beijing's efforts to reduce local debt risks in a faltering economy.
Beijing, Oct 10 — China's Country Garden Holdings said it might not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, as the country's largest private property developer grapples with debt restructuring.
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