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Tour agents suffer RM270mil in losses since outbreak
KUALA LUMPUR: Some 1,000 tour agents have suffered losses of up to RM270mil since the Covid-19 outbreak, says Malaysian Chinese Tourism Association national president, Datuk Albert Tan (pic).
China suspends more penalties on US goods after trade truce
BEIJING (AP): China on Friday (Feb 21) suspended more punitive tariffs on imports of US industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
Association hopes for soft loans for tour agents after Covid-19 hits tourism industry
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).
RHB upgrades YTL Power to 'buy', TP increased to 95 sen
KUALA LUMPUR: YTL Power Bhd's receipt of the business viability guarantee letter for Tanjung Jati from the Indonesian Finance Ministry could lead to a re-rating catalyst for the stock, says RHB research.
The best of Malaysia under one roof
KUALA LUMPUR: Over 50 travel agents will be offering “special interest” packages on local destinations to promote domestic tourism during the inaugural MATTA Fair Cuti-Cuti Malaysia.
RM5mil withdrawn meant for ‘RM’
KUALA LUMPUR: The RM5mil in cash, withdrawn by businessman Saidi Abang Samsudin was meant for “RM”, the High Court here heard during Datin Seri Rosmah Mansor’s corruption trial.
Ong: Businesses can expect direct help from stimulus package
KUALA LUMPUR: Businesses that are most severely affected by the Covid-19 outbreak can expect to receive direct assistance under the economic stimulus package, especially those in the tourism, retail and aviation sector, said International Trade and Industry deputy minister Ong Kian Ming.
Madinah didn’t clarify project with Rosmah, court told
KUALA LUMPUR: Despite knowing one another, Tan Sri Dr Madinah Mohamad never clarified with Datin Seri Rosmah Mansor the details of the solar hybrid project proposed by Jepak Holdings Sdn Bhd, the High Court heard.
JTI hopes task force will smoke out illicit trade
PETALING JAYA: JT International Bhd (JTI) hopes the multi-agency approach taken by the government to curb illegal cigarette trading in the country will be successful in their mission.
Modi backtracks on free-trade vow with curbs
NEW DELHI: Indian Prime Minister Narendra Modi has championed free trade in global forums over the years, but his record back home appears to be one of rising protectionism.