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KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has reiterated that the government will not pump in any more fund into Malaysia Airlines Bhd (MAB) and it is purely up to its sole owner, Khazanah Nasional Bhd to sort it out.
KUALA LUMPUR: Brahim’s Holdings Bhd said its in-flight catering unit had been hit hard by the Covid-19 crisis, forcing the company to reduce its workforce by about half.
KUALA LUMPUR: International investors disposed of RM212.1 million net of local equities in the period of July 6 to July 9 (Monday-Thursday), down from the net outflow of RM339.4 million in the whole of last week.
KUALA LUMPUR (Bernama) -- Tan Sri Wan Zulkiflee Wan Ariffin’s crisis management experience in the oil and gas industry will stand him in good stead in mending the ailing Malaysia Airlines Bhd (MAB).
KUALA LUMPUR: Global demand for safety gear has helped Malaysia's state-owned air cargo carrier MAB Kargo record "impressive" profits since February by exporting products from the world's biggest producer of medical gloves, its CEO said.
KUALA LUMPUR: Malaysia's state-owned cargo carrier MAB Kargo has seen "impressive" profits since February, its CEO told Reuters, helped by the country's role as the world's biggest producer of medical gloves.
KUALA LUMPUR: Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday.
KUALA LUMPUR (Reuters): Malaysia may extend its travel curbs beyond April 28 but with more sectors open for business, its second-most senior minister told Reuters on Friday (April 17) as the government tries to balance health and economic requirements during the Covid-19 crisis.
KUALA LUMPUR: Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with low-cost airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday.