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MAHB confident on traffic recovery with CX, JX operations from KLIA

MAHB confident on traffic recovery with CX, JX operations from KLIA NST Business © Provided by New Straits Times CX is offering weekly flights to Hong Kong from KLIA which started last month after a three-year hiatus. NSTP/WEB KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) welcomed Cathay Pacific (CX), the flag carrier of Hong Kong, to KL International Airport (KLIA) last month after a three-year hiatus. CX is offering weekly flights to Hong Kong from KLIA and the airport is also looking forward to the inaugural flight of Starlux Airlines (JX) from Taipei come January 2021. These new developments cement MAHB s confident on the gradual recovery of passenger traffic at its airports.

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After a bad patch, more hits than misses in 3Q earnings

After a bad patch, more hits than misses in 3Q earnings The Edge 14/12/2020 Supriya Surendran © Provided by The Edge SURPRISINGLY, there were far more hits than misses in the financial performance of companies in the quarter ended Sept 30. Of the 881 companies on Bursa Malaysia, 482 reported an improvement in earnings and 399, a decline. “A big positive” was how private investor and former investment banker Ian Yoong described the quarter. “The reality is that the recently concluded earnings season for the third quarter is way above expectations. The misses-to-beats ratio at 1.0 is the lowest for the past 10 years, according to RHB Investment Bank.

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KLCI snaps five-day gaining spree amid political concerns

KLCI snaps five-day gaining spree amid political concerns
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