Business

VERY BAD NEWS FOR MALAYSIA – WILL MUHYIDDIN FINALLY WAKE UP? ASIA’S ECONOMY WILL SHRINK MORE THAN IMF EXPECTED, ESPECIALLY INDIA, PHILIPPINES & MALAYSIA

October 23, 2020 // 0 Comments

The IMF has painted a gloomier picture for Asia. On Wednesday (Oct 21), the International Monetary Fund revealed Asia’s economic contraction this year will be worse than previously thought. In ...

THE AXE IS FALLING – MALAYSIA AIRLINES, FIREFLY STAFF GET VSS OFFER

October 22, 2020 // 0 Comments

KUALA LUMPUR: The Malaysia Aviation Group (MAG) has offered a voluntary separation scheme (VSS) to employees while negotiations are ongoing with creditors and lessors over Malaysia Airlines Bhd’s ...

CAN BOSSKU NAJIB STILL SAY NO 1MDB THIEVERY? GOLDMAN TO PAY RM8.3 BILLION TO U.S. DOJ TO AVOID CRIMINAL CONVICTION IN 1MDB DEBACLE

October 20, 2020 // 0 Comments

KUALA LUMPUR – Goldman Sachs Group Inc has reached an agreement with the US Department of Justice to pay more than US$2 billion (RM8.3 billion) for the bank’s role in Malaysia’s ...

MALINDO AIR TO DOWNSIZE AGAIN – CUT MORE STAFF?

October 19, 2020 // 0 Comments

KUALA LUMPUR: Malindo Airways Sdn Bhd (Malindo Air) will downsize its operations and reduce its workforce by 2,200 personnel to ride out the turbulence brought about by the Covid-19 pandemic. A ...

FIREFLY TO REPLACE MAS? KHAZANAH MULLING PUMPING FUNDS TO MAKE FIREFLY THE NEW NATIONAL CARRIER IF MAS CLOSES DOWN – REPORT

October 14, 2020 // 0 Comments

KUALA LUMPUR — Malaysia’s Khazanah Nasional has the option to channel funds to low-cost carrier Firefly which could become the country’s national airline if Malaysia Airlines was shut down, the ...

BOMBSHELL – MUHYIDDIN UNDER HIGH SUSPICION – IS HE RESORTING TO NAJIB-SCALE CORRUPTION TO STAY IN POWER?: WHY IS COUP PM SUDDENLY PUSHING THROUGH ECO WORLD-UEM SUNRISE MERGER AFTER PAKATAN CANCELLED PAKA POWER PROJECT IN 2018? IS MUHYIDDIN TRYING TO ‘BUTTER UP’ THE ROYALS FOR POLITICAL SUPPORT – AND WHY NO SPOTLIGHT ON NAJIB-LINKED TYCOONS AT ECO WORLD & THE PAKA JV PARTNER AMAN MAJESTIC?

October 12, 2020 // 0 Comments

According to reliable sources, a major Independent Power Producer (IPP) project that was discarded under the PH government has now been revived in Terengganu on the instructions of the current ...

A DAY BEFORE HE IS DUE TO ‘TAKE OVER’ THE GOVT – ANWAR WARNS INVESTORS NOT TO CHASE AFTER STOCKS PURORTEDLY LINKED TO HIM: DELUSIONAL, OVERCONFIDENCE OR SIMPLE VERY SURE?

October 12, 2020 // 0 Comments

KUALA LUMPUR — Opposition leader Datuk Seri Anwar Ibrahim has asked Bursa Malaysia and the Securities Commission to take action against those who appear to be manipulating the stock market with ...

HELLOO MALAYSIANS! AUSSIE STUDY SHOWS COVID-19 CAN LIVE FOR UP TO 28 DAYS ON HANDPHONE SCREENS

October 12, 2020 // 0 Comments

MELBOURNE: The virus that causes Covid-19 can survive on banknotes, glass and stainless steel for up to 28 days, much longer than the flu virus, Australian researchers said on Monday, highlighting ...

ANWAR IN POWER CAN TURN AROUND THE ECONOMY? DON’T BE RIDICULOUS! IT ALL DEPENDS ON WHO HIS COALITION PARTNERS ARE – IF IT’S UMNO, PEJUANG OR EVEN BERSATU, HE TOO WILL SOON BE SIGNING MASSIVE DEALS SANCTIONING OUTSIZED CORRUPTION!

October 12, 2020 // 0 Comments

MALAYSIA’S fourth quarter GDP performance will depend on the policies of the new government if there is indeed a change in leadership as announced by Anwar Ibrahim, said analysts. They said Prime ...

FINAL CURTAIN FOR MAS – WINDING-UP THE LIKELY NEXT STEP AS MUHYIDDIN REGIME RUNS DRY ON CASH: MALAYSIA TO STOP FUNDING NATIONAL CARRIER IF REVAMP TALKS WITH LESSOR FAIL – REPORT

October 8, 2020 // 0 Comments

SINGAPORE: The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with ...

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