Pacific Airlines risks closure over debt, cash flow crisis

Pacific Airlines risks closure over debt, cash flow crisis

Pacific Airlines, a Vietnamese low-cost carrier, is at risk of insolvency and termination of operations owing to a severe financial crisis, cash flow constraints, and substantial overdue debts.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Insurer Manulife Vietnam reports $206 mln loss after tax in 2021

Insurer Manulife Vietnam reports $206 mln loss after tax in 2021

Despite rising net premium, life insurer Manulife Vietnam recorded a loss after tax of VND4,741 billion ($206.5 million) in 2021, 2.9 times higher than its 2020 loss.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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