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LONDON: InterContinental Hotels is seeing some “very early” signs of improvement in demand after the Holiday Inn-owner’s revenue more than halved and profit slumped 82% in the first half of 2020.
Higher prices, heightened demand set to lift its bottom line
MARC says group better placed to withstand Covid-19 impact
Room for growth backed by potential increase in capex spending on IT
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings DRB-Hicom Bhd’s two Sukuk programmes but lowered the outlook to stable from positive due to challenging outlook for the domestic automotive industry.
PETALING JAYA: Construction counters have been in hibernation mode at least since June, with little or flattish movements in prices since the slight rebound from the March 19 plunge.
PETALING JAYA: Despite the slowdown in tender activities with awards being delayed as a result of Covid-19, Serba Dinamik Holdings Bhd maintains its revenue and earnings growth guidance of 10% to 15% for financial year 2020 (FY20).
LONDON: EasyJet Plc is seeing a stronger than anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights
AS businesses use more data to enhance their positioning in the market, IT services provider RedPlanet Bhd sees vast potential to grow its geographic information system (GIS) offerings to industries that are embracing digitalisation.
KUALA LUMPUR: The ability to have in-depth understanding of banking and the financial sector has given a shot in the arm for Finance Ministry to implement various initiatives including the six-month blanket moratorium for the rakyat’s benefit, says Tengku Datuk Seri Zafrul Abdul Aziz.