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KUALA LUMPUR: Bank Islam Malaysia Bhd’s parent company BIMB Holdings Bhd is on track to complete its restructuring in August and will reveal details on its five-year post-restructuring plan on Wednesday.
PETALING JAYA: Daya Materials Bhd has received a contract extension worth RM4.35mil for the maintenance of the air-conditioning and mechanical ventilation systems at four assets of KLCC Urusharta Sdn Bhd, a wholly-owned unit of KLCC Property Holdings Bhd.
PETALING JAYA: The reopening of the domestic economy and the potential mass vaccine rollout by various countries have seen investors shifting to more cyclical sectors like banks – the proxy to economic growth.
CAIRO: Saudi Arabia said on Monday it will bar arrivals from abroad to attend the haj this year due to the coronavirus, allowing only a limited number of Saudi citizens and residents to make the pilgrimage with social distancing measures enforced.
RIYADH: Saudi Arabia announced a slew of austerity measures to cope with the impact of the coronavirus pandemic and an oil-price rout, tripling its value-added tax and cutting a cost-of-living allowance for government workers.
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
Malaysia’s tourism is on a knife’s edge. It must strike a balance between welcoming tourists and dealing with a global health epidemic
JOHOR BARU: The outgoing Johor Corp (JCorp) president and chief executive officer Datuk Kamaruzzaman Abu Kassim is confident that his successor will continue to lead the conglomerate to success.
New Delhi: Prime Minister Narendra Modi spent much of his first term laying the groundwork to transform India into a nation that is both attractive to global investors and unabashedly Hindu. Now he’s doubling down.
SYDNEY: Google and Facebook Inc. are facing a regulatory crackdown in Australia after an inquiry highlighted concerns about their market power and impact on the media industry, adding to a barrage of global action against the technology giants.