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Notice is for liquidation of defunct Malaysian Airline System Bhd, says MAB
KUALA LUMPUR: The notice of appointment and address of the interim liquidator that is making the rounds on social media is for the now-defunct Malaysian Airline System Bhd (MAS) and not Malaysia Airlines Bhd (MAB), the airline has clarified.
Myanmar put on money-laundering watchlist
JAKARTA: An international financial watchdog placed Myanmar on its money-laundering watchlist, urging the country at the heart of Asia's illicit drug-producing "Golden Triangle" to boost its efforts to seize crime proceeds. The decision by the Financial Action Task Force (FATF) to include Myanmar on its "grey list", this week, puts the South-East Asian nation on notice to make good on a "high-level" commitment to strengthen its anti-money laundering regime.
Stimulus needed for airlines to keep flying
Globally, the airline industry is being hit hard by the outbreak of the coronavirus (Covid-19).
Hoteliers look at boosting local tourism to fill void left by foreigners
THE Malaysian Association of Hotels (MAH) is looking at boosting local tourism to fill the void left by foreign travellers following the Covid-19 outbreak.
‘We’re not the walking dead’: Americans face Covid-19 quarantine stigma
When Esther Tebeka, one of more than 1,000 Americans evacuated from China due to the coronavirus outbreak, ended her 14-day quarantine with no signs of the disease, she thought she could get on with her life.
'We're not the walking dead': Americans face coronavirus quarantine stigma
When Esther Tebeka, one of more than 1,000 Americans evacuated from China due to the coronavirus outbreak, ended her 14-day quarantine with no signs of the disease, she thought she could get on with her life.
Tune Protect and SalamAir in strategic tie-up
KUALA LUMPUR: Tune Protect Commercial Brokerage LLC has entered into a strategic partnership with SalamAir, Oman’s first low-cost airline, offering passengers an attractive range of travel protection benefits.
China nears takeover of HNA as virus hits business
BEIJING: China plans to take over indebted conglomerate HNA Group Co and sell off its airline assets, the most dramatic step to date by the state to contain the deepening economic damage from the deadly coronavirus outbreak. HNA-related shares rose.
Togo's president seeks re-election to extend 50-year dynasty
LOME (Reuters) - Many people in Togo have only known just two presidents in their lifetime - Faure Gnassingbe, who is running for a fourth term in an election on Saturday, and his father Eyadema Gnassingbe - and some Togolese are sick of the long-running dynasty.
Air France-KLM expects coronavirus impact of 200mil euros, could climb higher
PARIS: Air France-KLM expects the coronavirus outbreak to wipe 150 million to 200 million euros ($162-216 million) off earnings by April, assuming China flights remain suspended until then, the Franco-Dutch airline group said on Thursday.