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JAKARTA (Reuters) - National flag carrier Garuda Indonesia will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, a senior government official said on Thursday.
KUALA LUMPUR: Tan Sri Syed Mokhtar Albukhary has made an offer to take MMC Corp Bhd private via a selective capital reduction and repayment exercise.
SINGAPORE (The Straits Times/ANN): The Singapore Food Agency (SFA) said on Wednesday (June 2) that the Republic's overall meat supply has been stable so far despite the disruptions in the United States.
GEORGE TOWN: Some 800 laboratories in the country are in a bind as they have not been given clearance by the International Trade and Industry Ministry (Miti) to operate during the lockdown.
HO CHI MINH CITY: Despite Vietnam’s latest wave of Covid-19, the country’s benchmark index is the region’s top performer with a 21% gain this year. Analysts say it has further to run.
BEIJING (Bloomberg): A prolonged shutdown at global meat supplier JBS SA could hit China the hardest as the country is the world’s biggest beef buyer and accounts for almost a third of the producer’s export revenue.
Stock trading app Robinhood is hiring a who's who of figures from technology, business and politics to its board, ahead of its planned IPO.
PENANG hotels are showing interest in temporarily transforming into low-risk Covid-19 quarantine and treatment centres to ensure that their operations remain intact during the pandemic.
BATU Gajah MCA presented food boxes to nine traders after a fire damaged their stalls at the Menglembu wet market.
PETALING JAYA: The decision by the Prime Minister, ministers and their deputies to forego three months of their salary to help finance the fight against the Covid-19 pandemic is a welcome gesture of solidarity with the people, say civil society groups and analysts