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KUALA LUMPUR: CIMB Group Holdings Bhd's board of directors has appointed Datuk Abdul Rahman Ahmad as the group chief executive officer/executive director for CIMB and CEO/executive director of CIMB Bank Bhd.
KUALA LUMPUR: Hap Seng Consolidated Bhd's net profit profit rose by 1.5% to RM160.37mil in the first quarter ended March 31,2020 from RM157.98mil a year ago due to better results from the property and credit financing divisions.
NEW YORK (Reuters) - U.S. hospitals said they have pulled way back on the use of hydroxychloroquine, the malaria drug touted by President Donald Trump as a COVID-19 treatment, after several studies suggested it is not effective and may pose significant risks.
KUALA LUMPUR: The effects of Covid-19 and the subsequent movement control order (MCO), especially in the second half of March, saw Star Media Group Bhd (SMG) post weaker revenue for its 1Q 2020 financial results with revenue declining to RM65.8mil from RM82.57mil due to softness in Malaysian economy.
LONDON (Reuters) - Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.
KUALA LUMPUR: OSK Holdings Bhd posted net profit of RM76.76mil in the first quarter ended March 31,2020 amid a challenging period due to the Movement Control Order (MCO) which was implemented on March 18.
From the death of a black man in Minneapolis to a racist incident in Central Park, camera phones are increasingly being used as a weapon against racism even when justice doesn't always follow.
KUALA LUMPUR: RHB Bank Bhd's net profit for the first quarter ended March 31,2020 declined to RM570.88mil as the banking group set aside higher allowances for expected credit losses (ECL).
JAKARTA (The Jakarta Post/ANN): The Maritime Affairs and Fisheries Ministry has proposed a Rp1.02 trillion (US$69 million) stimulus package to aid small scale fishermen and aquaculture farmers affected by the Covid-19 pandemic.
MANILA (AFP): The Philippines will lift key coronavirus lockdown measures in the nation's capital, President Rodrigo Duterte said Thursday (May 28), aiming to resuscitate a faltering economy after nearly three months of strict home quarantine.