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KUALA LUMPUR: Malaysia's overall passenger movements in February this year fell by 23.4% to 6.2 million passengers from a year ago as air travel was impacted by the Covid-19 coronavirus, Malaysia Airports Holdings Bhd (MAHB) said.
KUALA LUMPUR: Drugmaker Pharmaniaga Bhd said revenue increased 20% in the last quarter on improved demand, but a huge one-time hit on expenses incurred for the Pharmacy Information System (PhIS) resulted in heavy losses for the company.
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Add call for Duopharma Biotech with a lower target price of RM1.90 compared with the earlier RM2.03.
KUALA LUMPUR: The proposed economic stimulus is expected to contain specific relief packages for tourism-related industries such as aviation, hotel and leisure, travel as well as retail industries.
Seoul: South Korea’s biggest pension fund may be set to make its voice heard at dozens of companies including such heavyweights as Samsung Electronics Co.
SINGAPORE: Singapore’s coronavirus outbreak has spread to its financial centre, with some employees at major companies being told to work from home for at least the next few days and temperature screening checkpoints set up at the front doors of several towers.