Editor's Pick

Genting HK warns of ‘significantly higher’ losses for 1H20

It is expected that the Covid-19 pandemic will continue to affect the group’s businesses, as the spread and development of the virus has created significant uncertainty over when authorities in the relevant cruising markets will allow resumption of the cruise travel.

Pavilion KL to see entry of new brands despite tough retail landscape

This is on top of the new stores that had opened in the mall during the RMCO (Recovery Movement Control Order) period — which began on June 10 and is supposed to end on Aug 31 — including the new Adidas flagship store, Brunello Cucinelli and Calia in June 2020; meanwhile, Dior and Karl Lagerfeld opened just last month (July 2020).

Sunway REIT's FY20 profit almost halved due to Q4 loss

For the entire FY20, the REIT recorded a drop in FY20 net profit to RM208.21 million from RM386.37 million in the preceding financial year. Revenue slipped to RM556.88 million from RM580.30 million previously, the group said.