Thailand – The decision Palang Pracharath Party (PPRP) has swore to put forth a more prominent attempt to engage the overall population following a devastating loss in Bangkok’s Constituency 9. The PPRP, which scarcely won 8,000 votes in Laksi locale and portions of adjoining Chatuchak region, is assessed to have lost an astounding 27,000 votes since the 2019 general political …

KUALA LUMPUR – According to the official data, over 15,000 Malaysian have lost their job between January until July 2020 amid the Covid-19 pandemic hitting the labour market especially the service sector. According to Human Resources Minister Datuk Seri M Saravanan, the statistics were provided by the Malaysian High Commission in Singapore and that the service sector were worst hit …

PETALING JAYA – AirAsia Group Berhadposted revenue of RM2.31bil in the first quarter, an almost RM800mil loss compared to the RM2.73bil revenue posted last year. AirAsia chief executive officer Tan Sri Tony said in a statement that the current period is by far “the toughest challenge” the company has ever faced. He added that AirAsia have been restructed the group …

Operator of petrol stations Petronas Dagangan Bhd fell into the red in the first quarter of 2020, reporting a net loss of RM29.42 million compared to a net profit of RM291.20 million a year before. “The group faced difficult market conditions towards the end of the first quarter stemming from the global effects of the Covid-19 pandemic as well as …

Manila – Budget airliner Cebu Pacific, reported a net loss of nearly P1.2 billion in the first three months of the year as the coronavirus pandemic freezes flights both on domestric and international travel. The airline unit of the Gokongwei Group said the loss is 135.2% lower than the P3.36-billion net income earned in 2019. The total revenue amounted to …

Talking about the market capitalization, the FBM KLCI closed 8.1 points or 0.59 percent at 1.380.3 after a wide-ranging purchase as investors balanced factors like higher crude oil prices and Malaysia’s corporate financial results against the COVID-19 pandemic effect on the global economy. At a glance, Malaysian shares seemed to take center stage in international trade minister Datuk Seri Mohamed …

Coronavirus could wipe over $200 billion off Asia Pacific economies this year, S&P Global ratings said Friday, pushing growth to its lowest level in over a decade as governments struggle to fight the disease. China could see growth of less than three per cent in a worst-case scenario, while Japan, Australia, and Hong Kong could “flirt with recession,” it said …