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JAKARTA (Reuters) - National flag carrier Garuda Indonesia will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, a senior government official said on Thursday.
KUALA LUMPUR: Malaysia needs to create a new generation of manufacturers to be more agile, flexible, sustainable and productive amidst the fast-evolving needs of the industry and economic uncertainties.
New programme to empower local SMEs to ride digital trend
KUALA LUMPUR: The government through SIRIM STS Sdn Bhd has allocated a RM1.4 million grant for the Factory Transformation Programme (FTP) specifically for timber companies.
KUALA LUMPUR: SME Bank has allocated RM300 million through its Lestari Bumi Financing Scheme to help develop micro and small entrepreneurs to enable them to increase production capacity, expand market access, and be more competitive to ensure business sustainability.
PETALING JAYA: Fajarbaru Builder Group Bhd has appointed former transport minister Tan Sri Chan Kong Choy (pic) as its chairman, with effect from April 1.
Business deals worth US$40bil struck at China-Asean Expo are uplifting amid Covid-19 pandemic
KUALA LUMPUR: The manufacturing and agriculture sectors are among the main contributors to the country’s economic growth during the Covid-19 pandemic, according to Deputy Minister in the Prime Minister’s Department (Economy) Arthur Joseph Kurup.