Airlines facing rapid cash burn
KUALA LUMPUR: Airlines may burn through $61 billion (RM266 billion) of their cash reserves during the second quarter (Q2) of this year and post a quarterly net loss of $39 billion (RM170 billion) if severe travel restrictions related to Covid-19 last for three months. Under this analysis by the International Air Transport Association (IATA), full-year demand would fall by 38 per cent and […]
MBKS cancels all functions, activities involving over 50 people
KUCHING: In light of the Covid-19 outbreak in the state, Kuching City South Council (MBKS) has announced that all council functions and activities involving more than 50 people will be cancelled until further notice. Its mayor Datuk Wee Hong Seng said permits for gatherings in Kuching South areas would not be considered until further notice. […]
International and local events to go on
KUCHING: Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah have assured that international and local events would still go on. “If there is any cancellation or postponement, it will be made known to the media. “There will be some that will be deferred, those that involved foreigners from those countries that are imposed […]
BTS cancel concerts due to coronavirus outbreak in South Korea
K-pop megastars BTS on Friday cancelled four Seoul concerts due in April as the number of novel coronavirus cases in South Korea passed 2,000. The seven-piece boyband — currently one of the biggest acts in the world — had scheduled four gigs at the capital’s Olympic Stadium to promote their new album, “Map of the […]
Hotel room cancellations result In Rm66 Million losses
KUALA LUMPUR: The impact of the COVID-19 outbreak has resulted in the cancellation of over 157,000 hotel room bookings ― a loss of RM66 million in terms of revenue as of Feb 17, according to the Malaysia Association of Hotels (MAH). Its president, Kamaruddin Baharin said although the cancellations were mainly from the China market, […]
MCCC cancels Lunar New Year celebration
Coronavirus KUALA LUMPUR: The Malaysia-China Chamber of Commerce (MCCC) has called off its Lunar New Year Celebration tomorrow amid the outbreak of the 2019 novel coronavirus (2019 – nCoV) and the World Health Organisation (WHO) declaring it a global health emergency. In a statement, MCCC president Datuk Tan Yew Sing said that over the years, MCCC […]
Sabah govt drops plan to implement PSS: Mohd Shafie
KOTA KINABALU: The Sabah government has cancelled the planned implementation of the Sabah Temporary Pass (PSS) to accede to the wishes of Sabahans, said Chief Minister Datuk Seri Mohd Shafie Apdal. Mohd Shafie said yesterday that this was decided by the state cabinet and the decision would be conveyed to the Home Ministry (KDN). “The […]
