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KUALA LUMPUR: The International Air Transport Association (IATA) has called for the International Energy Agency (IEA) to prioritise investments in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-Covid-19 recovery.
KUALA LUMPUR: The industrial production index (IPI) rebounded by 18.2% in May from a month ago as the government allowed more industries to resume operations under the movement control order, according to the Statistics Department, while economists expect further recovery in the months ahead.
TOKYO: The Bank of Japan (BoJ) cut its economic view for all of the country’s nine regions for the second straight quarter, the first such downgrade since Lehman Brothers collapsed in 2008, backing signs the economy could fall deeper into recession.
KUALA LUMPUR: The industrial production index (IPI) rebounded by 18.2% in May from a month ago as the government allowed more industries to resume operations under the Movement Control Order.
KUALA LUMPUR: Malaysia’s manufacturing sales rebounded 19.1 per cent to RM90.2 billion in May 2020 as compared to the previous month, said the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR: AirAsia Group Bhd, which plans to shore up its liquidity to ensure sufficient cashflow, has received support from certain financial institutions for its funding request of more than RM1bil.
PETALING JAYA: Semiconductor companies are expected to see a strong rebound in earnings, driven by higher automotive sales and the possible adoption of 5G in new smartphone models.
RIDE-hailing giant Didi Chuxing is testing China’s digital cash as a payment method on its platform, in what could be one of the first real-world applications of the electronic version of the yuan.