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RECOVERY in the airline industry is delayed with new Covid-19 cases across the globe.
THE Covid-19 pandemic has brought with its devastating economic repercussions, possibly the harshest that we have seen in recent history. This has necessitated us to strike a delicate balance between safeguarding the health of our people while protecting their economic interests.
BEFORE the conditional movement control order (CMCO) in early October, my friends who have businesses in retail and food and beverage (F&B) were pretty upbeat about the recovery of their businesses over the period of June to September.
KUALA LUMPUR: Despite the still-cloudy outlook, Kenanga Investment Bank Research has upgraded British American Tobacco (M) Bhd (BAT) following its recent earnings outperformance.
KUALA LUMPUR: The first-ever Apec online exhibition organised by Malaysia External Trade Development Corporation (Matrade) has attracted over 6,000 registered viewers since it was launched on Sept 1.
KUALA LUMPUR: Malaysia's travel startup, Tourplus Technology Sdn Bhd, which operates an online marketplace for travelers providing personalised itineraries linking them to local guides, has secured a US$1 million (RM4.1 million) in seed round.
PETALING JAYA: British American Tobacco (M) Bhd’s (BAT) net profit for its third quarter ended Sept 30,2020 dropped 23% to RM63.74mil from RM83.13mil in the previous corresponding period, as business was affected by the Covid-19 pandemic and the growing tobacco black market.
TOKYO: Mitsubishi Heavy Industries (MHI) said it has asked several other companies to temporarily employ idle workers from its factories in central Japan in a bid to cut costs and weather a downturn from the Covid-19 pandemic, sources told Reuters.