Posts Tagged bankruptcy

No layoffs amid filing of Chapter 11 bankruptcy protection — PAL

Marje Pelayo   •   September 6, 2021

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) assured its employees that no one will be affected by the company’s filing of Chapter 11 bankruptcy protection in the United States...

No company is filing for bankruptcy just yet in PH — DOLE

Marje Pelayo   •   May 25, 2020

MANILA, Philippines — A number of companies across the globe have filed for bankruptcy as a result of the coronavirus disease (COVID-19) pandemic.  Fortunately in the Philippines, no company has...

LGU calls for support for workers affected by Hanjin bankruptcy

Marje Pelayo   •   January 18, 2019

PAMPANGA, Philippines – The local government of Subic, Zambales is calling on the government to provide assistance for around 30,000 workers who are now suffering because of Hanjin Philippines’ bankruptcy....

South Korean cryptocurrency exchange to file for bankruptcy after hacking

UNTV News   •   December 20, 2017

SEOUL (Reuters) – A South Korean cryptocurrency exchange said on Tuesday it is shutting down and is filing for bankruptcy after it was hacked for the second time this year,...

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