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KUALA LUMPUR (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is giving airlines some leeway in resolving complaints and providing refunds to consumers due to the challenges faced by the airlines following the COVID-19 pandemic.
DUBAI/LONDON (Reuters) - The world's top oil producers Saudi Arabia, Russia and the United States still seemed at odds on Wednesday before this week's meetings on potentially big output cuts to shore up crude prices that have been hammered by the coronavirus crisis.
HONG KONG (Reuters) - Hong Kong announced relief measures worth HK$137.5 billion (US$17.7 billion) on Wednesday to help businesses and people crippled by the coronavirus outbreak to stay afloat, as the city joins global efforts to cushion the impact of the pandemic.
KUALA LUMPUR: Genting Malaysia Bhd,which has temporarily suspended its operations in Malaysia and overseas due to the coronavirus pandemic, told shareholders that it won't be able to comment on its business outlook.
KUALA LUMPUR: RHB Banking Group confirmed on Wednesday that one of its employees from the Kelana Jaya branch of RHB Islamic Bank was tested positive for Covid-19.
KUALA LUMPUR: Bursa Malaysia, China and Hong Kong markets closed in the red on Wednesday as initial hopes of a slowdown in Covid-19 deaths evaporated again.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings of MARC-1IS/AA-IS on UEM Edgenta Bhd’s Sukuk Murabahah programme of up to RM1bil.
THE Hong Kong government is set to announce a fresh round of stimulus measures to shore up the crippled economy, with a local media report saying the total could exceed HK$100 billion (YS$12.9 billion).
KUALA LUMPUR: Sectors hit hardest by the COVID-19 pandemic are likely to see the strongest recovery as pent-up demand is released and production ramps up, but this is provided the supply chain is fixed, according to a report by Baker McKenzie and Oxford Economics.
KUALA LUMPUR: The country is in need for an all-encompassing force majeure exemption bill or a COVID-19 (Temporary Measures) Bill to lawfully protect players of all industries, said Real Estate and Housing Developers’ Association (Rehda) Malaysia.