HEADLINES :



October 26, 2020 Business
Kuala Lumpur: Targeted assistance will enable banks to assess the unprecedented situation brought about by the Covid-19 pandemic and channel funds to much-needed sectors and aid economic recovery.
October 26, 2020 Business
Kuala Lumpur: Malaysia Airports Holdings Bhd (MAHB) on Sunday clarified that its filing of a RM78 million lawsuit against AirAsia X will not derail the latter’s debt restructuring scheme.
October 26, 2020 Business
TOKYO: ANA Holdings Inc plans to cut about 3,500 jobs in three years as Japan’s largest airline operator braces for its biggest-ever annual loss due to a plunge in demand driven by the coronavirus pandemic, the Yomiuri daily reported.
October 24, 2020 Business
Kuala Lumpur: Pengerang LNG (Two) Sdn Bhd (PLNG2), a 65 per cent-owned subsidiary of Petronas Gas Bhd (PetGas), has successfully concluded the issuance of a 20-year multi-tranche Sukuk Murabahah amounting to RM1.7 billion under its Islamic Medium-Term Notes Programme.
October 24, 2020 Business
TOKYO: Japan and Britain signed a bilateral free trade deal Friday in the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, as well as auto parts for Japan’s Nissan plant.
October 23, 2020 Business
Kuala Lumpur: Borrowers, especially those affected by the movement curbs due to a spike in Covid-19 cases in Malaysia, can still seek help from their respective banks on their loan repayment.
October 23, 2020 Business
WASHINGTON: When President Donald Trump visited a Whirlpool factory in Ohio in August, he boasted that his trade policy had led to the creation of about 200 jobs for the appliance manufacturer at the plant.
October 22, 2020 Business
HONG KONG: Cathay Pacific announced plans Wednesday to cut its workforce by nearly a quarter and close one of its short-haul airlines in an effort to survive the “devastating” impacts of the coronavirus pandemic.
October 22, 2020 Business
Kuala Lumpur: The Business Conditions Index (BCI) posted a modest recovery of 25.3 points in the third quarter (Q3) of 2020, settling at 86.3 points as compared to a major drop of 22.0 points in Q2, indicating a boost in manufacturers’ confidence level.
October 21, 2020 Business
Kuala Lumpur: The government is seriously looking at funding to boost the creative industry, said Communications and Multimedia Minister Datuk Seri Saifuddin Abdullah Tuesday.
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