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PETALING JAYA: Moody’s Investors Service said about 22% of 476 rated non-financial companies in Asia Pacific (APAC) have high exposure to coronavirus disruptions, up from 20% in March, as the effects of the pandemic on companies’ credit quality have become more apparent.
KUALA LUMPUR: Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (APAC) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies' credit quality have become more apparent.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) sank into the red in its first quarter ended March 31, as revenue was impacted by the Covid-19 pandemic and travel curbs imposed by Malaysia and other countries
KUALA LUMPUR: FGV Holdings Bhd and MSM Malaysia Holdings Bhd are speeding up the development of a new agriculture growth area called FGV Agro Food-Valley in Chuping, Perlis.
PETALING JAYA: Hextar Global Bhd’s operations avoided disruption from Covid-19 and recorded a 54% jump in net profit to RM9.45mil for the first quarter ended March 31 from RM6.14mil in the corresponding quarter last year.
KUALA LUMPUR: Hextar Global Bhd's operations avoided disruption from Covid-19 and recorded a 53.84% year-on-year jump in net earnings to RM9.45mil in the financial quarter ended March 31, 2020.
SYDNEY: China effectively banned Australian barley imports after concluding Canberra's water market was a subsidy for growers, documents showed on Tuesday, a position Australian government sources described as ludicrous.
SINGAPORE/BEIJING: China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines.
MUMBAI: Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations between the countries after a diplomatic spat.