The company has cut salaries for management and pilots, offered unpaid leave to employees, has sought payment deferrals and contract renegotiations since March.
If Anwar becomes Malaysia's new PM, he will inherit an economy that suffered its worst performance in the second quarter since the financial crisis in the 1990s.
In countries like Singapore and Malaysia, the state is an integral component of wage-setting and often the arbiter over who gets hired and fired in companies.
Despite moving early to launch several measures, Malaysia has seen the steepest collapse of major East Asian economies, with a GDP fall of 17.1% from last year.
The Covid lockdown in Malaysia has allowed PM Muhyiddin Yassin's govt to avoid votes in parliament that would have otherwise exposed his razor-thin majority.
Thailand and Malaysia are trying to avoid what happened in Singapore, where infections spiked among low-wage foreign workers living in cramped housing.
Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.
India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
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