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Posted on August 28, 2020

Nothing wrong with ‘direct negotiation’ contracts: Malaysia’s finance chief

Malaysia’s Finance Minister Tengku Zafrul Aziz yesterday said there is nothing wrong with conducting direct negotiations, backtracking from accusing the previous Pakatan Harapan (PH) government just …

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Posted on August 27, 2020

Genting Malaysia in the red for second quarter

PETALING JAYA: Genting Malaysia Bhd (GenM) recorded a net loss of RM900.42 million for the second quarter ended June 30, from a net profit of …

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Posted on August 27, 2020

Malaysia to keep border shut, says senior and defence minister

Closed since March, Malaysia’s border will not reopen after the country’s current Covid-19 (coronavirus)-related curbs end on Aug 31, the country’s top security official said on Thursday.

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Posted on August 27, 2020

Malaysia’s Maybank Q2 profit drops 52%

Malayan Banking Bhd MBBM.KL (Maybank), Malaysia’s largest lender by asset, reported a 51.5% fall in second-quarter profit as incomes shrunk and im …

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Posted on August 26, 2020

Malaysia’s AirAsia X seeks creditor help

AirAsia X needs creditors’ support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge. Francis Maguire …

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Posted on August 26, 2020

Malaysia’s AirAsia X asks for creditor help as losses deepen

AirAsia X Bhd needs creditors’ support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge. AirAsia X said it …

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Posted on August 26, 2020

Malaysia’s AirAsia X asks for creditor help as losses deepen

AirAsia X Bhd needs creditors’ support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge. AirAsia X said it …

( read original story …)



Posted on August 26, 2020

Malaysia’s JurisTech acquires financial comparison site iMOney

JurisTech is a leading Malaysian-based fintech company, specialising in enterprise-class software solutions for banks, financial institutions, insurance providers, and telecommuni …

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Posted on August 26, 2020

Malaysia’s JurisTech acquires financial comparison site iMOney

JurisTech is a leading Malaysian-based fintech company, specialising in enterprise-class software solutions for banks, financial institutions, insurance providers, and telecommuni …

( read original story …)



Posted on August 25, 2020

UPDATE 1-Malaysia’s AirAsia posts loss as revenue tumbles, but business ‘stabilised’

President * Expenditure cuts could not offset revenue fall (Adds detail, executive comments) KUALA LUMPUR, Aug 25 (Reuters) – Malaysia’s flagship budget airline AirAsia Group Bhd slipped to a loss in …

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