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5y

‘Keeping economy open during MCO 3.0 will protect vulnerable groups, SMEs’

2.8 mil people, among them the self-employed and small entrepreneurs, most affected by reduction in income, says finance minister

5y

Toyota’s annual net profit up 10.3% despite virus, chip hurdles

World’s No. 1 carmaker generates ¥2.25 trillion in fiscal year to March

5y

AirAsia unit gets CAAM nod to provide base maintenance services

Asia Digital Engineering poised to become biggest MRO operator in Malaysia, says CEO

5y

Tokyo stocks slip ahead of major firms’ earnings reports

Toyota down 0.22%, SoftBank loses 1.90%, Nissan plunges 9.73%

5y

Bursa recovers to open higher on buying support in index-linked counters

Meanwhile, ringgit crashes against US dollar in wake of rising Covid-19 cases

5y

Decision to continue LCS navy project not to serve contractor’s interests: Ismail Sabri

Defence minister cites probable delays, inefficient spending, jobs preservation as reasons against terminating endeavour

5y

Moody’s changes global airline industry outlook to positive

Ratings agency foresees widespread increases in air travel starting in second half of 2021

5y

MIDF Research revises 2021 GDP growth forecast up to 6.2%

Metric’s performance in key countries suggest impact of renewed restrictions less severe than anticipated

5y

China’s April factory gate prices grow at fastest rate in 4 years

Producer price index expands a forecast-beating 6.8% on-year last month

5y

MCO 3.0 not expected to greatly affect economic growth: Tengku Zafrul

This is because most key sectors are allowed to remain operational, says minister

5y

Kakao to buy online novel app Radish for US$440 mil

Deal is one of two finalised by South Korean tech conglomerate, which together total almost US$1 bil

5y

LTAT declares higher 3.5% dividend for 2020

Fund records RM229 million net profit last year, compared with RM92.8 million in 2019

5y

Ringgit set for periods of heightened volatility: BNM

Local note depreciates 3.5% in Q1, as central bank warns of persisting global, domestic uncertainties