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AS the sole shareholder of the country’s national airline, Khazanah Nasional Bhd is on the brink of making a call on whether or not to provide another lifeline to Malaysia Airlines Bhd or simply skip out on the ailing carrier.
JOHOR BARU: The movement control order (MCO) imposed in March because of the Covid-19 pandemic had caused businessman SB Prem to lose his coconut business in Kulai.
A cruise ship operator controlled by Malaysian tycoon Lim Kok Thay plunged as much as 33% in Hong Kong after the company suspended all payments to creditors.
PRETORIA (Reuters) - Former Scotland international Josh Strauss has left the Super Rugby Bulls after a salary cut caused by the COVID-19 pandemic and amid an overhaul of the squad by new coach Jake White.
PETALING JAYA: While some Malaysians say they are able to save more money during the movement control order (MCO) period due to initiatives under the government’s economic stimulus package, many others are feeling the brunt of Covid-19’s fallout due to salary cuts or loss of income.
KUALA LUMPUR: FGV Holdings Bhd.’s senior management has agreed to a 20% cut in the director fees.
KUALA LUMPUR: Casino-to-hospitality company Genting Malaysia Bhd. is cutting 3,000 jobs, according to people familiar with the matter.