[ad_1] Airport staff work alongside a Malaysia Airlines plane at Kuala Lumpur International Airport in Sepang on July 22, 2019. – Reuters pic KUALA LUMPUR, October 8 – Malaysia Aviation Group has offered its pilots, cabin crew and front-line employees affected by the Covid-19 pandemic a rehabilitation and refinement plan …
Read More »Covid-19 pandemic is ‘perfect time’ for Malaysia Airlines staff to reinvent themselves: Captain Izham
[ad_1] KUALA LUMPUR (Oct 8): “This is the perfect time for staff to reinvent themselves,” says Captain Izham Ismail, CEO of Malaysia Aviation Group (MAG), which includes Malaysia Airlines Bhd, as the Covid pandemic -19, which shows few signs of ebb, forces some airlines to halt operations. In a statement …
Read More »Serba Dinamik among Fitch Ratings’ Top 50 High Yielding Asian Corporate Issuers
[ad_1] KUALA LUMPUR (October 8): Serba Dinamik Holdings Bhd has been included in a peer group of the top 50 high-yielding Asian corporate issuers (Asia Corporate HY50) by Fitch Ratings. In a report released yesterday, Fitch said the Asian high-yield market had been continuously expanding over the past decade, and …
Read More »Malaysia to stop funding domestic airline if negotiations with lessor fail: letter
[ad_1] SINGAPORE: Malaysia Airlines parent has warned leasing companies that the Khazanah state fund will stop financing the group and force it to go through a liquidation process if restructuring talks with lessors are unsuccessful, according to a letter to which it had access Reuters. The warning from Malaysia Aviation …
Read More »State fund Khazanah will stop financing Malaysia Airlines if lessor negotiations fail: Source
[ad_1] SINGAPORE: Malaysia Airlines’ parent has warned leasing companies that the Khazanah state fund will stop financing the group and force it through a liquidation process if restructuring talks with lessors are unsuccessful, according to a letter to which it had access Reuters. The warning from Malaysia Aviation Group (MAG), …
Read More »Restore loan moratorium now for Sabah businesses, employer group urges government
[ad_1] With the east coast and west coast of Sabah under the motion control order, more than 40,000 businesses are likely to suffer further due to hampered market activity. KOTA KINABALU: Sabah employers have urged the government to immediately reinstate the loan repayment moratorium for the business community, as most …
Read More »White House butlers serving the First Family face risk of infection from Trump
[ad_1] WASHINGTON (Reuters) – The return of US President Donald Trump to the White House on Monday night put the people who work in the building at greater risk of contracting COVID-19, the disease that killed more than 210,000 Americans, say doctors and health officials. The most exposed may be …
Read More »Taiwan’s defense budget is ‘insufficient’ against China, says US.
[ad_1] A Taiwanese Air Force F-16 flanks a Chinese H-6 bomber as it passes near the island in February. (AP Image) WASHINGTON (AP) – A senior U.S. defense official said Tuesday that Taiwan’s plan to increase defense spending by $ 1.4 billion was a step in the right direction, but …
Read More »Malaysia’s AirAsia X seeks to avoid liquidation with $ 15bn debt restructuring
[ad_1] KUALA LUMPUR: Malaysia’s AirAsia X Bhd, the long-range arm of AirAsia Group Bhd, said it wants to restructure $ 15.3 billion of debt and cut its share capital by 90 percent to continue as a going concern. Hard hit by the COVID-19 pandemic as closed borders have left most …
Read More »Selangor sees a small shakeup in the lineup
[ad_1] Tanjong Sepat Assemblyman Borhan Aman Shah (left) and Sungai Kandis Assemblyman Mohd Zawawi Ahmad Mughni were appointed former state cops on September 17 (photo by Bernama). SHAH ALAM: The Selangor government has reorganized some of its executive council portfolios, including those involving Menteri Besar Amirudin Shari. Amirudin said the …
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