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CAMBODIA has taken a heavy hit from the economic crisis caused by the Covid-19 pandemic. Firms are staring at cancelled orders, causing job losses.
BEIJING: China's top economic planner, the National Development and Reform Commission (NDRC), said it approved 11 fixed-asset investment projects worth 38.2 billion yuan ($5.50 billion) in July.
SINGAPORE: A dramatic surge in coronavirus infections in Southeast Asia in recent days has increased doubts over a theory that warmer weather could stem the spread of the virus, health experts say
The rapid spread of a deadly new virus from Wuhan, China, has dashed expectations of an earlier-than-scheduled opening of the new outdoor theme park by Genting Malaysia Bhd (GenM).
LONDON: Unilever’s growth fell just short of estimates last quarter on disappointing sales of ice cream in Europe and black tea across the developed world.
LONDON: Tesco Plc chief executive officer Dave Lewis (pic) is stepping down next summer and will be succeeded by a surprise choice, Walgreens Boots Alliance Inc’s Ken Murphy.
PETALING JAYA: Tenaga Nasional Bhd (TNB) posted a 9.8% year-on-year decline in net profit to RM1.12bil for the second quarter of the financial year ending Dec 31,2019 (FY19), bringing its net profit for the first half of the year to RM2.67bil.
KUALA LUMPUR: Power giant Tenaga Nasional posted net profit of RM1.116bil in the second quarter ended June 30,2019, a decline of 7.7% from the RM1.237bil a year ago due to larger forex translation loss and higher finance costs.
LONDON: Tesco, Britain’s biggest retailer, said sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather, sending its shares lower yesterday.
PETALING JAYA: Utility giant Tenaga Nasional Bhd (TNB) sold more electricity in the first quarter ended March 31, raking in an additional sales value of almost RM1bil.