SINGAPORE, June 19 — The recovery in Asia's demand for oil remains fragile despite the reopening of economies across the region, as a second wave of coronavirus outbreaks could hit consumption again, the outgoing head of Petroliam Nasional Bhd (Petronas) said.

SINGAPORE/JAKARTA, June 19 — A second and final trio of ships used as floating storage tanks for gasoline is en route to unload cargoes in Indonesia, Sri Lanka and Malaysia, according to industry sources and shipping data, showing fuel demand is growing across Asia.

SYDNEY/LOS ANGELES, June 19 — An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50 per cent above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.

BEIJING, June 19 — About 20 per cent of projects under China's ambitious Belt and Road Initiative (BRI) to link Asia, Europe and beyond have been "seriously affected" by the coronavirus pandemic, an official from China's Ministry of Foreign Affairs said on Friday.

TOKYO, June 19 — Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand's popular underwear, preparing for the coronavirus outbreak lasting through summer.

TOKYO, June 19 — Japan's government raised its economic assessment in June for the first time since 2018 as a sharp deterioration caused by the new coronavirus outbreak had nearly come to an end.

AMMAN, June 19 — Palestinian refugee Um Zeid spends her days at home in the sprawling Baqaa camp in Jordan sewing colourful dresses which gives her an income and keeps tradition alive.

LONDON, June 19 — Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S.

KUALA LUMPUR, June 18 — Small and medium enterprises (SMEs) must quickly transform their businesses including working remotely in the digital space to survive amid the challenges brought on by the global Covid-19 pandemic.

SINGAPORE, June 17 - Southeast Asian ride-hailing and payments firm Grab said on Tuesday it would lay off more than 300 employees due to the impact of novel coronavirus, in the latest setback to major backer SoftBank Group Corp.

KUALA LUMPUR, June 16 — Covid-19 has not only accelerated the country's digitalisation agenda but also increased the skills of Malaysians using digital platforms in their day-to-day operations, said Minister in the Prime Minister's Department (Economic Affairs) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, June 15 — The ringgit had eased to open lower today as the global economy continues to be under pressure following concerns of a resurgence of the Covid-19 pandemic.

KUALA LUMPUR, June 12 — The government will not get involved in any bailout of airline operators although they are badly affected by the Covid-19 pandemic as their business is run commercially, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, June 12 — The Malaysian Digital Economy Corporation (MDEC) is expecting a 20 per cent growth in e-commerce contribution to the digital economy this year despite the enforced movement control order (MCO).

KUALA LUMPUR, June 12 — Malaysia will export more palm oil to India, China and the European Union (EU), the biggest buyers, in the third quarter after an easing of coronavirus curbs and an export duty exemption, a state agency and industry body forecast on Thursday.

KUALA LUMPUR, June 12 — The ringgit retreated against the US dollar in the early session today after four days of gains, weighed by the ongoing uncertainty in the global sentiment, a dealer said.

KUALA LUMPUR, June 12 — The world's largest producer of sustainable palm oil Sime Darby on Thursday made its million-dollar research into creating higher-yielding oil palm trees publicly available, in a move it said could help the industry slow deforestation.

KUALA LUMPUR, June 11 — The government has not used foreign borrowings to fund the execution of the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the National Economic Recovery Plan (Penjana).

KUALA LUMPUR, June 11 — Top Glove Corporation Bhd posted a 366 per cent jump in third-quarter net profit amid "unparalleled growth" in sales due to the coronavirus pandemic, it said in a statement .

KUALA LUMPUR, June 11 — Malaysia's industrial production index plunged 32 per cent in April from a year earlier, its biggest drop on record, government data showed on Thursday, hit by a sharp decline in activity because of coronavirus curbs.