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Aviation 31 Jul 2020 | 7:00 AM

Safran’s H1 profit drops

PARIS: French aerospace supplier Safran halved its core profit in the first half of the year as the Covid-19 crisis gutted demand for passenger jets.

Nation 30 Jul 2020 | 7:00 AM

Targeted approach the way to go

IT is a move many have been waiting for and in the end, the government together with the banks agree that the best way forward from a blanket loan moratorium for everyone is a targeted approach come October.

Business 30 Jul 2020 | 7:00 AM

Indonesia launches loan guarantee scheme

JAKARTA: Indonesia has launched a 100 trillion rupiah (US$6.92bil) loan guarantee scheme targeting businesses in priority sectors as part of efforts to help companies stay afloat during the coronavirus pandemic, the finance minister said.