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SWIFT measures by the government to revive the economy has earned the thumbs up from economists.
China advanced sweeping plans to curb the role of opposition activists in Hong Kong elections, with local media reports saying a vote for the city’s legislature would be delayed another year to September 2022.
KUALA LUMPUR (Bernama): Malaysian youths should equip themselves with multiple skills to remain competitive in light of the global economic recovery amidst the Covid-19 pandemic, says Datuk Seri Mustapa Mohamed.
BANGKOK: Thailand’s finance ministry, the largest shareholder of Thai Airways International Pcl, signaled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.
HONG KONG: One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd and Xiaomi Corp while some current heavyweights could face selling pressure, according to analysts and fund managers.
BANGKOK (Reuters) - Thai Airways International Pcl said on Tuesday it is cutting its workforce by half and reducing its fleet size to become a more agile and efficient airline, as the troubled flag carrier submitted its turnaround plan, officials said.
JOHANNESBURG: Bondholders of South Africa’s state-owned electricity company are watching the latest round of rescue talks from a distance.
KUALA LUMPUR: Hong Leong Bank Bhd’s net profit for the second quarter ended Dec 31,2020 fell to RM670.79mil versus RM701.81mil registered in the same quarter a year ago.
From Dr Peter Joseph Pereira
SEOUL (Reuters) - South Korea launched its COVID-19 inoculation campaign on Friday, with shots to be administered in some 200 nursing homes, in an effort that officials call the first step in returning the country to more normal life.