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KUALA LUMPUR: A decline in motor insurance weighed on the general insurance industry in the first half ended June 30 this year, as it registered its steepest half year drop in recent years and with a further decline expected for the full year.
Fall in motor vehicle sales weighs on industry
JAKARTA: The founders of Indonesia’s PT Lion Mentari Airlines are planning to start a new airline, according to people familiar with the plan, a development that could aid the carrier’s efforts to move beyond one of aviation’s biggest disasters.
It now serves 1.5% of usual passenger volume
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) says its filing of a RM78mil lawsuit against AirAsia X (AAX) will not derail the latter’s debt restructuring scheme.
Petroliam Nasional Bhd (Petronas) said it will pay an additional RM10bil in dividend to the government by the end of this month, lifting its payout so far this year to RM34bil.
KUALA LUMPUR: MY E.G. Services Bhd had its concession agreement to provide services to the Road Transport Department extended by three years from May this year until May 2023.
KUALA LUMPUR: MY E.G. Services Bhd’s (MYEG) concession agreement for provision of E-Government Services has been extended for three years from May 23, 2020 to May 22, 2023.