KUALA LUMPUR: MALAYSIA AIRPORTS HOLDINGS BHD’s (MAHB) network of airports registered 4.8 million passengers in March 2020, a decline of 59.4% from a year, severely impacted by the Covid-19 pandemic. It said on Friday passenger movements system-wide contracted to 4.8 million passengers in March. International and domestic passenger movements registered 1.7 million and three million passenger […]
Read MoreAn electricity transmission project to be undertaken by Malaysian owned Cambodian Transmission Limited (CTL) has managed to commercial funding and a financial guarantee from the Multilateral Investment Guarantee Agency (MIGA). The project comprises a 230kV transmission network that connects the Phnom Penh region with power generators in the east and northeast of the country. MIGA, […]
Read MorePETALING JAYA: The government will allow an additional list of businesses to operate during the movement control order (MCO), but the health and safety of workers remains a top priority, says Senior Minister Datuk Seri Azmin Ali. The list includes traditional and complementary medicine, hardware and electrical shops, optometry, manned laundrettes and hair salons (restricted […]
Read MoreTop Glove Corp Bhd , the world’s biggest maker of medical gloves, plans to start producing face masks to meet rising demand from the coronavirus outbreak, a top executive told Reuters. The Malaysian company, which makes one out of every five gloves in the world, will have a facility ready in two months with a […]
Read MoreThe Finance Ministry said it will explore domestic and foreign funding options for planned borrowing of 1 trillion baht to finance a major economic stimulus programme. The debt is a key element of a 1.9-trillion-baht package to help low-income households, farmers and companies reeling from the impact of the novel coronavirus outbreak. Southeast Asia’s second-largest […]
Read MoreIndonesia will receive around US$7 billion in loans from the World Bank, Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) to finance the country’s fights against COVID-19. Bank Indonesia (BI) Governor Perry Warjiyo said on Tuesday that the funds would be used to finance the country’s widening budget deficit of 5.07 percent of […]
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Thailand
