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PETALING JAYA: Numbers forecast operators (NFOs), who restarted their operations in mid-June, saw their sales recover to about 80%-85% of pre-movement control order (MCO) levels by the end of August.
KUALA LUMPUR: Genting Malaysia Bhd is injecting up to US$150mil or about RM625mil into its US-based subsidiary Empire Resorts Inc which was severely impacted by the stoppage of operations in March due to the Covid-19 pandemic.
KUALA LUMPUR: Malaysia is keeping pace with Southeast Asia’s digital transformation by recording the highest percentage of digital consumers with 83 per cent of its population (aged 15 years and above), based on a study titled "Digital Consumers of Tomorrow, Here Today” conducted by Facebook and Bain & Company.
TOKYO: Nintendo Co has asked its assembly partners to increase production of its Switch gaming console again, raising its goal to as much as 30 million units for this fiscal year, according to people familiar with its strategy.
KUALA LUMPUR: While 5G is still to be commercially rolled out, users can start experiencing the new-age wireless standard first-hand at Berjaya Times Square, the home of U Mobile Sdn Bhd.
ABOUT three years ago, Reed Hastings set out to answer a question that had bedeviled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world?
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cuts is FBM KLCI earnings forecast by 3.4% due to the poor 2Q20 results season but raised its 2021 forecast by 5.5% to largely account for further upgrades of glove makers.
KUALA LUMPUR: Stocks to watch on Thursday include Dagang Nexchange Bhd, TSH Resources Bhd, Berjaya Corp Bhd, Salcon, AirAsia X Bhd (AAX) and AMMB Holdings Bhd, according to JF Apex Research.