EVENING 5: AirAsia to be hit hard amid Covid-19 outbreak

The Edge TV 2020-02-18

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CGS-CIMB Research expects AirAsia Group to post a core net loss of RM1.1bil for FY20 amid the Covid-19 outbreak. Meanwhile, Singapore’s expected S$10.9bil budget deficit could lead to financial markets being more lenient on other countries in the region veering away from fiscal targets.
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