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Thailand Raises Public Debt Ceiling To Recover Economy

Thailand has increased the ceiling of its public debt-to-gross domestic product (GDP) ratio to 70 percent from 60 percent, allowing the government to raise...

What Is Evergrande And Is It Too Big To Fail?

Global stock markets have been on high alert as crisis-hit Chinese giant Evergrande faces a key test this week. The world's most indebted real estate...

Philippine Airlines To Return 22 Planes, Focuses On Survival

Philippine Airlines will return 22 aircraft, mostly Airbus AIR.PA and Boeing BA.N jets, to lessors as it pursues a financial restructuring programme to survive after the...

Is Garuda Indonesia On The Brink Of Bankruptcy?

COVID-19 has battered Indonesian flag carrier Garuda’s revenue and sent earnings plunging, causing trading of the airline’s shares to be halted recently after a...

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