◉ HEADLINES

RM4.3 billion

U Mobile raises RM4.3b to accelerate Malaysia’s second 5G network rollout

U Mobile has secured the funds from a consortium of banks to fast-track its 5G rollout, signalling strong confidence in the telco’s push to meet Malaysia’s next-generation network targets

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source