Friday 26 Apr 2024
By
main news image
EVENING 5: AirAsia swings to loss in 1QFY20

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. AirAsia swings to a net loss of RM803.8mil in 1QFY20, hurt by weaker travel demand amid the Covid-19 outbreak.

2. CGS-CIMB Research says a realignment of the ECRL could inflate the project’s current cost by up to RM20 billion.

3. The High Court orders Datuk Seri Najib Razak’s son, Datuk Mohd Nazifuddin to pay RM37.6mil in unpaid taxes to the IRB.

4. The High Court will fix new dates for the trial of Tan Sri Muhammad Shafee Abdullah, who is facing charges of money laundering and tax evasion.

5. Umno withdraws its application to cite CIMB Bank for contempt after regaining access to its accounts.

      Print
      Text Size
      Share