interest payments – BOL News Staging

Ronshine, a Chinese real estate developer, fails to make interest payments

July 11, 2022 by Maryam nadeem

Ronshine China Holdings has not made interest payments. On its June 2023 and December 2023 notes, totalling $27.9 million. The developer said it hoped that creditors will give it a certain buffer time to resolve the funding issues. Chinese property designer Ronshine China Holdings Ltd (3301.HK) has not made revenue installments on its June 2023 … Read more

Pakistan’s economy gains momentum in 2020/21: SBP

October 18, 2021July 16, 2021 by Web Desk

KARACHI: The Pakistan economy has made an encouraging recovery during the last fiscal year but certain structural vulnerabilities still require the government’s attention, the State Bank of Pakistan (SBP) reported in its third quarterly report issued on Friday. In the report titled, The State of Pakistan’s Economy for the fiscal year 2020/21, the central bank … Read more

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