LHAG Advocates And Solicitors LHAG Advocates And Solicitors

Daily News

22 January 2021

COVID-19 UPDATE

Hungary, UAE first countries to register Russia’s Sputnik V for emergency use

Indonesia’s population size, geographical extent make vaccination a very challenging task

KLM shedding another 1,000 jobs, on top of 5,000 layoffs in 2020

Norway will help ailing LCC but expects private investors to pitch in too

2021 tipped to deliver many more closures in UK hospitality sector

Malaysia extends MCO to February

New wave of pandemic, border policy jeopardising recovery of retail industry

KFC in Holiday Plaza, Johor, yet another COVID-19 casualty

MALAYSIA

Airlines

Struggling AirAsia plans to raise RM454 million

Banks

AmBank, Sabah Development Bank assist state’s SMEs

CIMB and Ant's TNG Digital in talks to raise US$150 million

Economy

Fitch Ratings head explains rationale for recent downgrade

Downgrade a temporary glitch

Islamic capital markets

Green SRI Sukuk Grant Scheme renamed, now open for application

Judiciary

CA judge’s application to challenge committee’s decision on closed-door inquiry was premature

Media

The Vibes preparing counter-suit against Meat Cartel

Property

Bintai Kinden diversifying into sector

UOA REIT’s net rental income down 11%

Technology

CN Asia sets its sights on AI

Acceptance of eJamin by tech-savvy judiciary, general public ‘encouraging’

Exodus of MDEC executives bound to happen, sooner or later

Tort

Parents of teenage amputee file suit against Ampang Hospital, health ministry

ASIA

Technology

Alibaba not in the clear despite founder’s reappearance

Tourism

Sri Lanka reopens, but daily visitors capped at 2,500

AUSTRALIA

Media

Google threatens to limit services if planned code becomes law

Real estate

Investa-Manulife JV to take ownership of landmark tower in Sydney CBD

Second-largest landlord Vicinity Centres takes A$570 million hit to portfolio

EUROPE

Autos

BMW embarks on push to cut complexity

Media

In European first, Google and French publishers agree general framework over copyright

SINGAPORE

Insolvency

Eagle Hospitality Trust entities file for Chapter 11 bankruptcy in US

Technology

Singapore Exchange-backed iSTOX expects more than 20 listings on platform

UK

Autos

Lotus and Renault’s Alpine join forces on electric sports car

Consumer goods

Millions in line for pay rise after Unilever pledge on living wage

Evidence

SC: Email attachments not covered by legal professional privilege

Oil and gas

PE fund HitecVision in exclusive talks to buy Exxon’s upstream assets in North Sea

Property

Bath and Canterbury among top five most desirable places to live

Retail

Next, frontrunner in race to buy Topshop, pulls out

US

Earnings

Investors likely to pay more attention to CEOs’ forecasts than actual results

Oil and gas

Baker Hughes’ Q4 profit beats Wall Street estimates

Real estate

PayPal co-founder buys Miami estate for US$18 million

Technology

IT pioneer IBM’s Q4 revenue disappoints

Intel exceeds own forecast

Joby Aero may go public through SPAC merger