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HONG KONG: Hong Kong's retail sales slumped by 36% in value terms in April from a year earlier, falling for the 15th consecutive month, pummeled by the outbreak of the coronavirus that has put many retailers on the brink of collapse.
COLOMBO: Sri Lanka plans to reopen its tourism sector on Aug. 1 by allowing only small groups of visitors to begin with, a tourism official said on Sunday.
SINGAPORE: Singapore secured S$13bil (US$9.2bil) in investment commitments in the first four months of the year, exceeding earlier targets for the full year, even as the city-state tackled the Covid-19 pandemic, Trade and Industry Minister Chan Chun Sing said in a media briefing and Facebook post on Saturday.
Most valuable gaming company in the region is under pressure as business is down at a time when it has a US$4.3bil (RM18.5bil) project in Las Vegas to complete.
The reopening of casinos does not necessarily mean that the crowds would flock to the gaming and entertainment centres, as seen in the Macau example. The borders have to open as well.
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.
Various initiatives being planned for an economy in transition
WEDNESDAY is looking like a watershed moment in history.
TOKYO: Prime Minister Shinzo Abe is doubling down on his stimulus measures with more than US$1 trillion of extra help to keep businesses and households afloat amid the coronavirus recession, a document obtained by Bloomberg showed yesterday.