Thursday 18 Apr 2024
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EVENING 5: Two-month reprieve for AirAsia?

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

1. Budget carrier AirAsia Group is said to have secured a loan as part of its ongoing capital raising plans.

2. Malaysia Airlines says the notice to creditors circulating on social media is for the defunct Malaysian Airline System.

3. IPIC drops its lawsuit against Goldman Sachs while Hong Kong’s regulator fines the bank US$350 million for its role in the 1MDB scandal.

4. Digi’s largest shareholder Telenor sees increasing operating pressure on its Malaysian business.

5. Malaysia’s Department of Statistics expects the domestic economy to continue to recover in the months ahead.

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