KUALA LUMPUR, July 9 - Malaysia's industrial production index in May fell 22.1 per cent from a year earlier, slowing for the third month in a row, government data showed on Thursday, as curbs imposed to contain the coronavirus pandemic continued to dampen activity.

KUALA LUMPUR, July 9 — AirAsia Group Bhd, which plans to shore up liquidity to ensure sufficient cash flow, has received indications of support from certain financial institutions in its request for funding, amounting to more than RM1 billion.

GEORGE TOWN, July 8 — The Penang government has initiated a Covid-19 safety accreditation programme to boost compliance with strict hygiene and safety standards in the tourism industry.

KUALA LUMPUR, July 8 — Media Prima Bhd expects the current challenges in its operations to persist in the coming months.

KUALA LUMPUR, July 8 — Malaysia's Sime Darby Plantation on Wednesday said it will look into "serious allegations" of forced and child labour conditions in its estates after an activist group petitioned the US Customs to ban imports of its palm oil.

KUALA LUMPUR, July 7 — Malaysia's flagship budget carrier AirAsia Group Bhd on Monday reported a first-quarter loss, battered by a collapse in air travel demand resulting from the coronavirus pandemic, as well as losses on a fuel hedges settlement.

PADANG BESAR, July 2 — The country’s economy, which is currently experiencing a contraction caused by the Covid-19 pandemic, is expected to fully recover next year.

KUALA LUMPUR, July 1 — The Federation of Malaysian Manufacturers (FMM) is looking forward to more Covid-19 relief measures from energy providers in particular for the more severely affected manufacturing sub-sectors including those heavily linked to the construction and hospitality sectors.

SEPANG, June 30— As the Covid-19 pandemic left the global aviation industry in dire straits, Malaysia Airports Holdings Bhd (MAHB) has implemented a cost optimisation plan where its capital expenditure has been reduced to RM320 million from RM1.8 billion set earlier.

KUALA LUMPUR, June 30 — Malaysia’s international reserves remained usable as at end-May 2020, with official reserve assets at RM440.78 billion (US$102.95 billion), in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.

KUALA LUMPUR, June 29 — S&P Global Ratings’ move to revise its credit rating outlook on Malaysia is expected as it was triggered by justifiable policy actions amidst the unprecedented economic slump, said Kenanga Investment Bank Bhd (Kenanga).

KUALA LUMPUR, June 29 — The ringgit opened lower against the US dollar in early trading today in a cautious mode as the greenback remained strong as a safe-haven currency amid fears of a second wave of Covid-19.

KUALA LUMPUR, June 26 — The Covid-19 pandemic will accelerate the adoption of automation by firms and organisations across the region, according to a new policy brief by the Asia Pacific Economic Cooperation (Apec) Policy Support Unit and The Asia Foundation titled “Covid-19, 4IR and the future of...

KUALA LUMPUR, June 26 — DRB-Hicom Bhd has recorded a net loss of RM173.27 million in the first quarter (Q1) ended March 31, 2020.

KUALA LUMPUR, June 25 — Petronas Gas Bhd expects the prevailing market challenges and uncertainties will not have an impact on its performance as the majority of its businesses are supported by long-term contracts and stable revenue stream.

KOTA KINABALU, June 25 — The Bumiputera Agenda Steering Unit (Teraju) should be more proactive in its efforts to enhance digital economy skills among entrepreneurs, especially the ones in Sabah.

KUALA LUMPUR, June 25 — Malaysia’s economy is projected to contract by 3.1 per cent in 2020 due to a sharp slowdown in economic activities caused by the Covid-19 pandemic, and the country is expected to resume growth in 2021 at 6.9 per cent as the outbreak eases, said the World Bank.

SINGAPORE, June 25 — Southeast Asian ride-hailing and payments company Grab said it had put a partnership with scandal-hit Wirecard on hold, days after the German payments firm disclosed a RM9 billion (US$2.1 billion) financial hole that threatens its future.

SINGAPORE, June 25 — Millions of dollars of oil stored in tanks and ships in Asia and Europe has become caught in a web of lawsuits related to trade and financing deals by Singapore's Hin Leong Trading (Pte) Ltd, according to court documents and shipping data.

KUALA LUMPUR, June 24 — Malaysia leads other countries in Southeast Asia in the usage of mobile/digital wallets at 40 per cent, ahead of the Philippines (36 per cent), Thailand (27 per cent) and Singapore (26 per cent), according to a Mastercard Impact Study 2020.