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Posted on June 12, 2020

British American Tobacco Malaysia: Coronavirus Pandemic Adds To Company’s Woes

Illegal cigarettes and consumer down-trading have been headwinds for BAT Malaysia in the past few years, and the coronavirus pandemic has made things worse. On …

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Posted on June 12, 2020

4 countries not attending Hajj this year due to Covid-19 pandemic

Indonesia, Singapore, Malaysia, and Brunei have decided not to partake in Hajj this year in Saudi Arabia as the world struggles to handle the coronavirus pandemic. Confirming the matter, Bangladesh …

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Posted on June 11, 2020

Telekom Malaysia: Withdrawal Of FY2020 Guidance

Telekom Malaysia withdrew its FY2020 guidance, but market consensus still expects the company’s FY2020 revenue decline to be in the low-to-mid single-digit perc …

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Posted on June 11, 2020

Kuwait connection helped fugitive financier Jho Low move money

A connection with Kuwait has provided fugitive Malaysian financier Jho Low, the prime suspect in the Malaysian Fund case, ways to fend off US and Malaysian investigators who accuse him of …

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Posted on June 11, 2020

Khazanah Considers Providing up to $1.2 Billion Malaysia Airlines Aid

Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, is considering providing as much as 5 billion ringgit ($1.2 billion) to the national flag carrier to see it through the coronavirus-induced …

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Posted on June 11, 2020

Malaysia Bourse May Spin Its Wheels On Thursday

The Malaysia stock market has tracked higher in back-to-back sessions, gathering almost 20 points or 1.3 percent along the way. The …

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Posted on June 10, 2020

Malaysia resumes travel, haircuts and retail therapy as coronavirus curbs ease

Hair salons and shopping malls reopened, traffic jams returned and interstate travel resumed in Malaysia on Wednesday in a further easing of coronavirus restrictions to revive an economy hard hit by …

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Posted on June 10, 2020

SE Asia Stocks-Indonesia, Philippines sink 2% as stimulus, coronavirus worries weigh

Indonesia posts biggest daily rise in coronavirus infections * Malaysia, Vietnam flat By Arundhati Dutta June 10 (Reuters) – Indonesian stocks plunged on Wednesday after it reported a record surge in …

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Posted on June 10, 2020

Malaysia ex-first lady’s handbags damaged by police: lawyer

Hundreds of handbags belonging to Malaysia’s scandal-plagued former first lady have suffered serious damage after being seized by police, a lawyer grumbled Wednesday — prompting mockery from …

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Posted on June 10, 2020

Unwanted: Bangladesh, Malaysia reject rescued Rohingya refugees

Bangladesh rejects Malaysia’s suggestion to take back nearly 300 Rohingya refugees who were found drifting at sea.

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