Malaysia’s largest listed banking group MALAYAN BANKING BHD (Maybank) has cautioned about its “extremely tough” prospects and the possibility of future margin compression ahead, as it started the 2020 financial year (FY20) with modest loan growth and a fall in total deposits. The bank, which is also the fourth largest bank by assets in South-East Asia, thus proposed theoretically lowering …

SINGAPORE – Ministry of Health (MOH) has reported huge drop in the number of people seeing doctors in the past two months for infectious diseases usually transmitted from person to person. Good hygiene and social distancing practice were seen as a major contributing factor on the steep drop. From around the usual 2,500 to 3,000 cases a day, the number …

The atmosphere at NaRaYa, a popular bag retailer at Ratchaprasong intersection, has completely changed during the past several months. Long queues of customers and busy cashiers are sights not seen at the flagship store since the coronavirus outbreak. A similar fate has befallen Big C Supercenter’s Ratchadamri branch, whose Thai souvenir zone on the ground floor used to be a …