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Penang has rights to river without paying Kedah
KEDAH Mentri Besar Muhammad Sanusi Md Nor has no grounds to demand payment from Penang for drawing raw water from Sungai Muda.
Trading ideas: AirAsia X, Perak Transit, Jiankun, Pharmaniaga, See Hup, Dayang
KUALA LUMPUR: AirAsia X Bhd, Perak Transit Bhd, Jiankun International Bhd, Pharmaniaga Bhd, See Hup Consolidated Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch on Friday, according to JF Apex Research.
AirAsia X shows court creditors’ support for revamp plan
KUALA LUMPUR: Most of AirAsia X Bhd’s (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents filed this month show.
‘Unfair to ban night market traders’
Hard-hit operators willing to revise opening hours in bid to stay in business during MCO, while some hope for financial aid from government.
New outbreak to impact Thai trade and tourism revenue
BANGKOK: The new Covid-19 outbreak will wipe 140 billion baht off Thailand’s trade and tourism revenue, TMB Analytics forecast. Trade and tourism account for 22% of Thai gross domestic product (GDP) and 6.9 million jobs.
AirAsia X shows court creditors' support for restructuring plan
KUALA LUMPUR (Reuters): Most of AirAsia X Bhd (AAX)'s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.
AirAsia X shows court creditors' support for restructuring plan
KUALA LUMPUR: Most of AirAsia X Bhd (AAX)'s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.
OCBC offers deferment, restructuring assistance to flood-affected customers
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) are offering loan/financing deferment and restructuring assistance to their customers that are affected by floods in Kelantan, Pahang, Terengganu and Johor.
World Bank economist: China needs to learn to restructure emerging market debt
Increasing debt distress in emerging markets means that China, now the world's largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told the Reuters Next conference on Tuesday.
