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KUALA LUMPUR: Some 1,000 tour agents here have lost a total of RM270mil since the Covid-19 viral outbreak, says the Malaysian Chinese Tourism Association (MCTA).
KUALA LUMPUR (Bernama): Pontian MP Datuk Seri Ahmad Maslan has filed an application to strike out the charge of failing to declare RM2mil he received from Datuk Seri Najib Tun Razak to the Inland Revenue Board (IRB) and the charge of giving false statement to the Malaysian Anti-Corruption Commission (MACC).
HONG KONG/TOKYO (Bloomberg):Key gauges for manufacturing in Australia and Japan fell while early export orders for South Korea showed a slump in Chinese demand. Data from China showed car sales sank 92 per cent in the first half of February while its Commerce Ministry said trade and inbound investment would take an increasing hit from the epidemic.
PHNOM PENH (The Phnom Penh Post/ANN): The proclamation signed by Minister of Economy and Finance Aun Pornmoniroth on Feb 7 and released on Monday, said the double tax agreement (DTA) with Hong Kong became effective on Jan 1.
KUCHING: The work to repair dilapidated schools in Sarawak must proceed despite disagreement over the state government's school merger proposal, says Works Minister Baru Bian.
KUALA LUMPUR: Telekom Malaysia Bhd's net profit surged over 300% to RM632.67mil in the financial year ended Dec 31,2019 on lower impairment losses and reduction in operating costs.
Mitsubishi UFJ Financial Group Inc is investing more than US$700mil (RM2.93bil) in South-East Asian ride-hailing giant Grab. It’s a three-way deal in which everyone gets what they currently lack.
HANOI (Vietnam News/ANN): Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.
BANGKOK (The Nation/ANN): Finance Minister Uttama Savanayana said on Thursday (Feb 21) that he was confident the Thai economy would recover in the coming months when the situations of the new coronavirus (Covid-19) outbreak and the global trade war start to improve.
SHENYANG (Xinhua): The novel coronavirus epidemic may have temporarily affected economic activities across China but many tech companies and internet firms are playing their parts in the fight against the epidemic and contributing to the growth of the country's economy.