KUALA LUMPUR: Tycoons on the 2021 Forbes Malaysia Rich List have seen a rebound in their collective wealth as it rises 14 per cent to nearly US$90 billion this year, after declining for two years.
KUALA LUMPUR: Malaysia's richest tycoons defied pandemic headwinds to record an increase in their collective wealth in 2021, contributed in part by the financial windfall experienced by Malaysian rubber glove manufacturers.
AirAsia on track to become the leading Asean Super App
Non airline digital businesses going from strength to strength
SEPANG, 28 May 2021 - AirAsia s goal to become the leading digital travel and lifestyle platform of choice in Asean is fast becoming a reality. The super app is now one of the top three online travel agencies (OTAs) in the region, non airline businesses are growing to meet strong consumer demand, BigPay is on track to become the first virtual bank and Teleport is going from strength to strength.
As per the AirAsia Group financial results announcement on 27 May for the first quarter of 2021, non airline digital platform revenues have improved significantly. The airasia super app recorded a 45% year on year quarterly revenue improvement to RM 10 million during the quarter boosted by solid growth of products and services available on the platform. Revenue for Teleport, the airline s e-commerce logistics venture, tripled versus the last quarter of 2020.
AirAsia Group Berhad (via Public) / AirAsia Group Berhad First Quarter 2021 Financial Results publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
The global vaccination rollout is beginning to spur the return of travel, according to a recent report. AZHAR MAHFOF/The Star
More than a year after the tourism industry was brought to a standstill by the Covid-19 pandemic, the global vaccine rollout is beginning to spur the return of travel.
The start of 2021 saw travel turn a corner with monthly search volumes showing strong growth throughout the first quarter of the year, according to Expedia’s Q1 2021 Travel Recovery Trend Report.
According to the report, the increase in searches and traveller demands is linked with the growing momentum of Covid-19 vaccines rollouts and loosening of travel guidelines.