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Headlines
India Relaxes Insolvency Rules for MSMEs
The Indian government has notified changes to the Insolvency & Bankruptcy Code, easing rules for resolution in micro, small, and medium enterprises (MSMEs), while tightening conditions to prevent conflicts of interest in pre-…
More Than Half of Brazil’s Households Near Insolvency
Nearly 75% of Brazilian households are uncomfortable with their financial situation, and just over half, or 54%, are close to becoming insolvent while still trying to pay all their bills, ValorInternational.com reported. Within…
Capital A’s Unit Gets Bank Loan to Replace Costly Private Debt
Malaysia’s Asia Digital Engineering Sdn. Bhd. has secured a US$100mil bank loan to refinance part of its expensive private debt, a sign lenders are growing comfortable backing the company after its parent Capital A Bhd.’s exit…