Premiership clubs warn of bankruptcies without government aid

(Reuters) - Owners of clubs in rugby's Premiership have said teams could go bust and the professional game may cease to exist if the government does not provide financial aid after its U-turn on allowing fans at stadiums amid the COVID-19 pandemic.

Rising above setbacks with fortitude

COUNTLESS people in Malaysia have lost their source of income due to Covid-19 and the subsequent movement control order (MCO) since March.

Malaysian youth among the main target groups in Budget 2021, says minister

KUALA LUMPUR, Sept 11 (Bernama): The Malaysian government will prioritise the youth as one of the target groups under Budget 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Hibiscus’s RM2b fund raising dilutive, TP 65c

KUALA LUMPUR: Public Invest Research expects Hibiscus Petroleum’s RM2bil fund-raising exercise to be dilutive near to medium-term, with significant generation of earnings from its new portfolio asset only likely from 2022 onwards.

Petronas faces ‘great reset’

National oil company pursues new revenue streams after RM21bil loss

Lower oil prices, impairments weigh on Petronas 1H performance

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) posted lower revenue of RM93.6bil in the first half ended June 30,2020 as it was mainly impacted by lower average realised prices for all products and lower sales volume mainly due to processed gas and liquified natural gas (LNG).

Padini to see recovery in the coming months

PETALING JAYA: Padini Holdings Bhd is expected to see gradual recovery in the second half of 2020, according to a Kenanga Research report.

IHH Healthcare sees progressive recovery after weak Q2 

72% of small firms in Singapore satisfied with relief aid, higher than others in Asean

SINGAPORE, Aug 24 (The Straits Times/ANN) - About three in four small companies in Singapore, or 72 per cent, are satisfied with the relief measures rolled out by the Government to help them cope with the economic fallout due to Covid-19, according to a survey.

Berjaya Food to bounce back after weak FY20 results

KUALA LUMPUR: After recording a disappointing FY20, Berjaya Food Bhd could be kicking off the new financial year with a sharp earnings recovery on the back of improving sales volume.