MAYBANK Kim Eng (Maybank KE) has maintained its “buy” rating on Top Glove, while raising its target price on the Malaysia glove maker to RM21.90, from RM20 previously. As at the midday break on Friday, shares of the company, which is dual-listed in Singapore and Malaysia, were trading at S$5.65 on the Singapore bourse, up S$0.09 […]
Read MoreThai AirAsia (TAA) will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government’s domestic tourism promotion next month. “We have complied with this rule that was introduced when the infection rate in the country was still high, but as we have a low […]
Read MoreLocal media startups and social media influencers will be working with the United Nations Development Programme (UNDP) in Cambodia to fight the spread of COVID-19 misinformation being shared online. UNDP Cambodia’s Resident Representative, Nick Beresford, told Khmer Times that his organisation has been collaborating with a variety of health groups and local media channels to […]
Read MoreMANILA, Philippines — The Philippines on Thursday secured its first ever “A” credit rating from Japan Credit Rating Agency Ltd. (JCR), which validated the strength of the economy to withstand the coronavirus disease-2019 (COVID-19) pandemic. The Japan-based debt watcher, whose ratings matter to Japanese companies, the country’s top investors, upgraded the Philippines to “A-” and assigned a “stable” outlook on […]
Read MorePUTRAJAYA, June 11 — The decision to do away with social distancing on board aircraft was made after taking into account international standards and guidelines of the International Air Transport Association (IATA), said Transport Minister Datuk Seri Dr Wee Ka Siong. Malaysia was previously among the countries that carried out social distancing aboard aircraft during […]
Read MoreThe baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand’s sputtering economic outlook. The local currency has strengthened by 2.7% against the dollar since the end of May, ranking third after Indonesia’s rupiah and South Korea’s won, […]
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