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PETALING JAYA: The additional RM10bil allocation for small and medium-scale enterprises (SMEs) has received the “thumbs up” with several key players saying the government’s measures will help tide them over the Covid-19 economic crisis.
PETALING JAYA: Tourism and hospitality players say the government’s stimulus package offers better support for businesses, but it needs to be re-evaluated in a few months to see if an extension is needed.
PETALING JAYA: AirAsia customers are urged to accept store credit for replacement flights instead of claiming refunds for flights affected by the Covid-19 pandemic, says Tan Sri Tony Fernandes.
KUALA LUMPUR: The founders of Malaysia's AirAsia Group Bhd will not take salaries and its staff has agreed to an as much as 75% cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday.
KUALA LUMPUR: The founders of AirAsia Group Bhd will give up their salaries, while its staff has agreed to take up to 75% pay cut as the budget airline grapples to manage the impact of the coronavirus pandemic.
SINGAPORE now has two types of landlords. The unhappy ones need folks to show up at offices, malls, hotels and factories, something that’s simply not going to happen in a hurry with the city-state’s coronavirus infections about to hit 6,000.
MUMBAI: India's banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia's third-largest economy, but leaving this sector in the lurch risks wider financial contagion.
CHICAGO: Boeing Co was sued for US$336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for 40 of its troubled 737 MAX planes.
PETALING JAYA: The latest financial results, along with the uncertainties noted by Malaysian companies on their prospects for the year, paints a bleak outlook for the quarters ahead
CHICAGO: A Kuwaiti aviation leasing company sued Boeing Co for the return of US$336mil that it paid in advance for 40 of the still-grounded 737 Max planes