Money

Affin Bank names Wan Razly as CEO, Lee Yoke Kiow CFO

By TMR
AFFIN Bank Bhd has appointed Wan Razly Abdullah Wan Ali as its new group CEO effective today (April 2, 2020). Wan Razly, 48, succeeds Kamarul ...

Yinson’s FPSO contract in Ghana terminated

The termination is made by Aker Energy to postpone the activities under the DWT/ CTP Petroleum Agreement amid the pandemic
By SHAZNI ONG / pic credit: ...

Banking system’s bad loans rise 6.5% YoY

Affin Hwang Capital downgrades loan growth target to -3% YoY, given a more subdued and cautious economic outlook in 2020
By ASILA JALIL MALAYSIAN ...

Astro valuations attractive as it seeks to raise subscribers

By ASILA JALIL / Pic BlOOMBERG
DEMAND for home entertainment during the Movement Control Order (MCO) could help drive Astro Malaysia Holdings Bhd’s ...

IHH invests in Singapore’s Doctor Anywhere

By TMR
IHH Healthcare Bhd co-led a minority investment in Singapore- based telehealth company Doctor Anywhere (DA), as part of DA’s US$27 million ...

Kumpulan Powernet bags RM354m contract in Perak

By TMR / Pic By ARIF KARTONO
KUMPULAN Powernet Bhd (KPower) has bagged a RM354 million contract from Kangsar Hidro Sdn Bhd to undertake, among others, ...

2Q20 outlook for tech sector stays challenging

Global tech supply chain inevitably faces disruption during lockdown and MCO as parts and components supply deliveries get delayed
By SHAZNI ONG / Pic ...

MCO eats into gaming counters’ earnings prospects

NFOs have temporarily ceased nationwide operations during MCO with all purchased tickets for the respective draw dates to be refunded
By NUR HANANI ...

Bank Islam to launch iTEKAD programme in May

by BERNAMA// pic by MUHD AMIN NAHARUL
BANK Islam Malaysia Bhd is currently refining the details of the iTEKAD programme announced by Bank Negara ...

SunCon JV secures RM508m India road project

Project expected to commence in October 2020 and complete in 2 years
By FARA AISYAH SUNWAY Construction Group Bhd (SunCon) has bagged a RM508 million ...

AirAsia to explore options for long-haul unit AirAsia X

Pic by TMR
MALAYSIA leading budget carrier, AirAsia Group Bhd, is weighing options for its long-haul unit AirAsia X Bhd including introducing a ...