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Genting registers RM1bil loss in 2020, flags highly uncertain year ahead
KUALA LUMPUR: Genting Bhd registered a small net profit in the last quarter, but warned that the outlook for 2021 is "highly uncertain" due to the Covid-19 pandemic.
I-Bhd stays profitable in 2020
KUALA LUMPUR: Property developer I-Bhd posted a pre-tax profit to RM4mil in the fourth quarter ended Dec 31, 2020, from RM1.47mil in the same quarter of last year.
US applauds improving labour conditions in Cambodia
PHNOM PENH (The Phnom Penh Post/ANN): The US embassy has expressed appreciation of efforts by the Ministry of Labour and Vocational Training in handling complicated labour issues which have arisen in the wake of recent economic disruptions.
Beloved series 'Avatar: The Last Airbender' returns as animated movie
With the establishment of Avatar Studios, fans can look forward to many more original animated series and movies based on 'Avatar'.
Unisem's FY20 net profit rises to RM142.79mil
KUALA LUMPUR: Unisem (M) Bhd’s net profit for the financial year ended Dec 31, 2020 (FY20) rose to RM142.79 million compared with a net loss of RM9.54 million in FY19.
Axiata posts RM256mil loss in 4Q, declares 5 sen dividend
KUALA LUMPUR: Axiata Group Bhd, which posted a net loss of RM255.95mil in the fourth quarter ended Dec 31, 2020 (4Q20), has declared a second interim dividend of five sen per share.
Singapore start-up raises US$10m as it gears up to launch plant-based chicken product
SINGAPORE (The Straits Times/ANN): Local food tech start-up Next Gen has raised US$10 million (S$13.2 million) in its recent financing round, as it gears up to launch its alternative chicken product.V
Moody’s Analytics: MCO 2.0 will impact Malaysia’s economic growth this year
KUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics.
Reddit stock sale raises US$368mil as frenzy spreads
NEW YORK: Two weeks ago Reddit Inc said it raised “more than US$250mil” in a private stock sale. Turns out it was plenty more.
New Perodua SUV to be unveiled next Wednesday
RAWANG: Perodua will launch its much-anticipated D55L compact turbocharged sport utility vehicle (SUV) on March 3, via an online premiere
