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Room for growth backed by potential increase in capex spending on IT
PETALING JAYA: Companies are increasingly looking to cloud technology to support business recovery efforts post-Covid and help build their resilience to weather future crises.
BENGALURU: The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum Corp’s Speedway gas stations for U&S$21bil, brushing aside coronavirus concerns to return to the table five months after initially baulking at the deal.
KUALA LUMPUR: Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) rose by 7% year-on-year to 809.7 billion rupiah during the first half of 2020 ended June 30 (1H2020).
PETALING JAYA: The Covid-19 pandemic did not significantly impact AVM Cloud, one of the country’s leading cloud service providers, thanks to the prompt action taken by the company in reassessing its business strategy.
PETALING JAYA: Despite the challenging market, Globetronics Technology Bhd is cautiously optimistic of achieving satisfactory results for the financial year ending Dec 31,2020.
PETALING JAYA: Loan demand looks set to recover in the second half of 2020 on the back of the government’s Short-Term Economic Recovery plan (Penjana) and interest rate cuts that will improve homebuyers’ purchasing power.
NEW YORK: Not so long ago, advertising executives were banking on the start of an industry recovery as early as the third quarter after the global coronavirus pandemic decimated marketing budgets this year.
Automaker to report its results tomorrow