Summary of business stories from Jan 18 to 24

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A quick recap from last week.

said the initiative utilises facial recognition technology to provide passengers with one single-token biometric identification authentication that will take them through the entire airport journey without having to show their boarding passes at all touchpoints from check-in right until the boarding gates.

Malaysia Airports Datuk Mohd Shukrie Mohd Salleh said that the single token journey is a major component of the organisation's Airports 4.0 initiative.Malaysia Aviation Group , the parent company of Malaysia Airlines, has successfully obtained the approval from the UK Court to proceed with a major component of the comprehensive restructuring of the group.

The airline said in a statement that the restructuring was based on a revised long-term business plan and will pave the way for MAG to ensure its long-term sustainability together with the strong support from its shareholder and the large majority of its creditors. With the success of obtaining approval through the UK court-convened restructuring, the airline can now work towards gains it was seeing prior to the Covid-19 pandemic.The research unit estimated the company's Q3FY21 earnings, which should be released in the next two to four weeks, may surge 643% year-on-year and 65% quarter-on-quarter

Hartalega gloves Also, Hartalega has set benchmarks by implementing periodical rapid test kit testing for Covid-19 among its workers.

 

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