CEO Marc Barnett described the layoffs as a response to uncertainties surrounding the impact of the COVID-19 pandemic.

The post Malaysia streaming platform iflix cuts staff as debt deadline, virus uncertainties loom appeared first on DealStreetAsia.

Golden Skies Ventures has secured financing for the deal from an undisclosed European bank.

The post Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

GSV submitted its proposal last month to Morgan Stanley, which Khazanah has hired to manage the airline’s search for a strategic partner.

The post Khazanah sceptical about GSV’s $2.5b offer for Malaysia Airlines appeared first on DealStreetAsia.

The program will provide 20-40 million ringgit to Malaysian companies looking for capital.

The post Malaysia’s COPE Private Equity launches $41m program to back local businesses appeared first on DealStreetAsia.

The Malaysian government has been seeking a strategic partner for its financially ailing national airline.

The post Malaysia Airlines, Khazanah in talks with government to seek more funds appeared first on DealStreetAsia.

The US Department of Justice last year said it had recovered $1 billion in assets associated with the corruption scandal, its largest-ever civil forfeiture.

The post US returns another $300m of recovered 1MDB funds to Malaysia appeared first on DealStreetAsia.

It was the company’s first bond sale since a $5 billion offering in March 2015.

The post Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years appeared first on DealStreetAsia.

Hoow Food previously raised S$1.7 million in a seed round led by F&B player Killiney Group and joined by TRIVE.

The post SEA Digest: SG’s Hoow Foods nabs funds; ScaleUp Malaysia backs 10 firms appeared first on DealStreetAsia.

Bursa Malaysia said both exchanges would collaborate on several areas of mutual interest aimed at strengthening ties and promoting the flow of investment.

The post Malaysia, Shenzhen stock exchanges sign MoU to improve cross-border collaboration appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

A possible merger between MAB and AirAsia was considered even last year.

The post AirAsia, Malaysia Airlines merger an option as COVID-19 batters industry appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.

The deal marks Sunway Berhad's foray into financial technology (fintech) space. 

The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia.

The digital adoption rate of SMEs in Malaysia remains low and its e-commerce industry is still in its infancy.

The post Malaysia’s ambition to become a digital economy hub still at the halfway mark appeared first on DealStreetAsia.

V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region.

The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia.

The 2022 target is a part of the fund's diversification strategy of its asset classes.

The post Malaysia’s PNB seeks to raise global exposure to 30% by 2022 appeared first on DealStreetAsia.

SC will facilitate the online distribution of capital market products such as unit trusts.

The post SC Malaysia allows distribution of capital market products via e-service platforms appeared first on DealStreetAsia.

Small companies account for more than half of Indonesia's gross domestic product and provide many jobs in the country of more than 260 million people.

The post Indonesia to subsidise interest payments for virus-hit smaller firms appeared first on DealStreetAsia.

Baby Animals are great and Tumblr is great. 

Combined? They're a recipe for hilarity. 

Here are cute Tumblr posts about baby animals that are all you need today. 

My name is Kuma. I live in Manhattan. Don't worry, I get a lot of exercise and I make sure my parents keep the home at a balmy 60 degrees! My sister, Chloe, and I wrestle all the time. I also have a girlfriend, Riley, that I snuggle, kiss, and play with. I'm looking forward to winter to play in the snow and pull my sister in a sled. Some of my favorite things are peanut butter, ice cubes, howling, and leaves blowing in the wind.

Though most passengers are from Kerala and Tamil Nadu, there were repatriates of 18 other states and Union Territories also in the ship, which began its journey from Male to Kochi on Friday night

On the occasion of Mother's Day, veteran actor Hema Malini shared a priceless throwback pictures of herself with her mom and daughters, saying its a "day for us to recall with love and gratitude all that our mothers have done for us."

The 71-year-old actor took a walk down the memory lane when she shared a monochromatic picture featuring herself and her mom on Twitter. In the picture, the evergreen star is seen sporting traditional Bharatanatyam attire and is seen affectionately hugging her mother.

It is Mother’s Day! A day for us to recall with love & gratitude all that our mothers have done for us🙏Also a day for us to celebrate our status as mothers & grandmothers & look back proudly at the years passed in bringing our kids.This is a treasured file photo of me & my mom😘 pic.twitter.com/6kzw31pABk

— Hema Malini (@dreamgirlhema) May 10, 2020

Along with the picture she wrote," It is Mother's Day! A day for us to recall with love & gratitude all that our mothers have done for us. Also, a day for us to celebrate our status as mothers & grandmothers & look back proudly at the years passed in bringing our kids. This is a treasured file photo of me & my mom."

The 'Sholay' star also shared some 'glimpses from the past' where she showcased the three generations including herself, her mom and daughters Esha and Ayana Deol in a Twitter post.

Glimpses of the past pic.twitter.com/iKYOXwjnIT

— Hema Malini (@dreamgirlhema) May 10, 2020

The post included three pictures, the first one features Esha and Ahana in their childhood days with their mom Hema. While the second features the 'Baghban' star with her mom and the third one captures Hema's mom and the actor herself who is seen holding baby Esha by her arms.

Daughter Esha was quick to note the special post and commented, "Love u my mamma" (along with a heart and hugging emoticon).

Meanwhile, scores of Bollywood celebrities including Sara Ali Khan, Vicky Kaushal, Ishaan Khatter and others extended Mother's Day wishes to their moms by posting throwback pictures and videos on social media.

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The first animal model of the chikungunya virus (CHIKV), linked with large-scale epidemics that spread to Italy and India in 2007 has been developed by Researchers at the Institut Pasteur and INSERM.

Deaths from dengue fever soared to nearly three times in Malaysia this year, compared to the same period in 2013, and a stepped-up campaign has been launched

Why do iron supplements worsen malarial infection, the scientist at National Institutes of Health have found a possible explanation for this. They found

A long-standing mystery of how a protein displayed on the surface of malaria parasites called "TRAP" interacts with human host cells has now been found.

You're in for some good luck if your boss has a daughter. A recent study revealed how men having a daughter tend to be