Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. The Prime Minister’s Office has clarified that PM Tun Dr Mahathir Mohamad did not suggest that the recent allegations of bribery against AirAsia Group Bhd were offset payments. 

2. Westports Holdings Bhd’s 4QFY20 net profit dropped 13.8% due to an asset write-off, even as revenue grew.  

3. The government has dropped the price of petrol and diesel for the first time in a year. 

4. 7-Eleven Malaysia Holdings Bhd says there are no plans to merge its convenience operations with that of Caring Pharmacy Group Bhd. 

5. RAM Ratings says that Malayan Banking Bhd, CIMB Group Holdings Bhd and Public Bank bhd will more than comfortably meet the central bank’s new capital requirements.