Covid-19: Battered airlines owed billions as governments withhold cash

Airlines have been impacted by the coronavirus pandemic MONTREAL (Canada), Aug 23 (NNN-AGENCIES) — Airlines are owed almost US$1 billion across 20 countries as governments seek to hang on to hard currency, depriving the industry of vital cash at a time when travel has been devastated by the coronavirus crisis.Figures…

Malaysia Critically Needs Trade-based Solutions, Says Central Bank

KUALA LUMPUR, Aug 23 (NNN-Bernama) — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by COVID-19 pandemic, said Bank Negara Malaysia (Malaysia’s central bank) assistant governor Adnan Zaylani Mohamad Zahid. He said the pandemic, which led to subdued domestic demand and stringent containment measures, had resulted in a…

Greece erects fence at Turkey border amid warnings of Afghan migrant surge

Part of the fence erected in the Evros region at Greece’s border with Turkey  ATHENS, Aug 23 (NNN-AGENCIES) — Greece has installed a 40km fence and surveillance system on its border with Turkey amid concern over a surge of migrants from Afghanistan. “We cannot wait, passively, for the possible impact,”…

G7 to discuss Afghanistan on Tuesday: UK PM Johnson

   LONDON, Aug 23 (NNN-AGENCIES) — G7 leaders will discuss the crisis in Afghanistan on Tuesday in a virtual summit, Britain’s Prime Minister Boris Johnson has announced.   “It is vital that the international community works together to ensure safe evacuations, prevent a humanitarian crisis and support the Afghan people…

Pres Biden hopes to end Afghan airlift on time as Taliban blame US for chaos

 WASHINGTON, Aug 23 (NNN-AGENCIES) — US President Joe Biden said he still hopes to finalize the dramatic evacuation of tens of thousands of people from Taliban-controlled Afghanistan by Aug 31, as the Islamists blamed Washington for harrowing scenes of chaos and despair at the airport in Kabul. One week after…

Bursa Malaysia: Foreign Investors Remain As Net Buyers With RM6.6 Mln Inflow Last Week

By Zairina Zainudin KUALA LUMPUR, Aug 23 (NNN-Bernama) — Foreign investors remained as net buyers of local equities on Bursa Malaysia last week, although the inflow had declined to RM6.6 million from RM14.0 million net bought in the preceding week. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said investors…

New Zealand Reports 35 New Community Cases Of COVID-19 Delta Variant

WELLINGTON, Aug 23 (NNN-AGENCIES) – New Zealand reported 35 new community cases of Delta variant of COVID-19 today, in which 33 are from Auckland and two from Wellington, bringing the total number of cases in New Zealand’s community outbreak to 107. All the cases have been or are being transferred…

Malaysia’s New PM Ismail Sabri Starts Work Officially

PUTRAJAYA, Aug 23 (NNN-Bernama) — Malaysian Prime Minister Ismail Sabri Yaakob on Monday started work officially at Perdana Putra here. Ismail Sabri, arrived at the main block of Perdana Putra building, which houses the Prime Minister’s Office, at about 8.25 am. Ismail Sabri, 61, took his oath of office as…

Over 55 Pct Of Malaysia’s Adult Population Fully Vaccinated

KUALA LUMPUR, Aug 23 (NNN-Bernama) — Some 55.6 per cent of Malaysia’s adult population, or 13,022,246 individuals, have completed both doses of the COVID-19 vaccination as of Sunday, according to the COVID-19 Vaccine Supply Access Guarantee Special Committee (JKJAV). An infographic shared on the committee’s official Twitter also showed that…

Malaysian Ringgit Opens Higher Versus US Dollar On Improved Sentiment

By Zairina Zainudin KUALA LUMPUR, Aug 23 (NNN-Bernama) — The Malaysian Ringgit rose against the US dollar in early trade Monday as improved market sentiment following the certainty in Malaysia’s political environment helped lift investors’ risk appetite. At 9 am, the local note stood at 4.2300/2340 versus the greenback compared…
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