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KUALA LUMPUR: The engagement session between the state government, ministries and related agencies on improvements to the 12th Malaysia Plan (12MP) is still ongoing and expected to be completed soon, said Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed.
WASHINGTON: The U.S. Federal Aviation Administration said on Monday it is proposing requiring four key Boeing Co 737 MAX design changes to address safety issues seen in two crashes that killed 346 people and led to the plane's grounding in March 2019
PARIS: Societe Generale SA (SocGen) reported on Monday a €1.26bil (US$1.48bil) second-quarter loss, as it booked a writedown on the value of its trading business that it seeks to revamp.
SINGAPORE: The Monetary Authority of Singapore (MAS) said it plans to revise rules governing foreign banks with a substantial local presence that may allow them to open digital-only banking subsidiaries.
LONDON: HSBC Holdings PLC warned its bad debt charges could blow past a previous estimate to US$13bil this year and said its profits more than halved, as the coronavirus pandemic hammered the bank’s retail and corporate customers worldwide.
KUALA LUMPUR: Unisem (M) Bhd’s net profit has more than doubled to RM33.95mil for the second quarter ended June 30,2020, from RM14.45mil in the corresponding period last year
PETALING JAYA: Despite the challenging outlook, Sunway Real Estate Investment Trust (REIT) would maintain its income distribution payout of at least 90% for the financial year ending June 30,2021 (FY21).