Tan Sri Azman MokhtarKUALA LUMPUR, Aug 29 (Bernama) — Khazanah Nasional Bhd has unveiled a RM6 billion recovery plan for Malaysia Airlines (MAS) which will see the ailing national carrier inject greater efficiency by cutting its staff size comprising almost 20,000 by 30 per cent and refocusing …
Read More »Sony said operating profit in the 1Q of its fiscal year surged to 69.8 billion y…
Sony said operating profit in the 1Q of its fiscal year surged to 69.8 billion yen (RM2.2 billion) from 35.5 billion yen a year earlier, easily beating the 16.6 billion yen expected Sony Corp’s 1Q profit doubles to RM2.2 bil Japan's Sony Corp said operating profit doubled in the April-June quar …
Read More »Business : Boeing Reports One Per Cent Increase In Q2 Revenue To US$22 Billion
KUALA LUMPUR, July 24 (Bernama) — The Boeing Company reported a one per cent increase in second quarter revenue to US$ 22 billion reflecting higher commercial deliveries. In releasing its financial results for the quarter ended June 30, 2014, the global aviation company said that backlog remai …
Read More »General : Sabah Gets RM25.85 Billion For Development Budget 2008-2013
KOTA KINABALU, July 16 (Bernama) — Sabah has received RM25.852 billion through the federal development budget allocation from 2008 until 2013. This amount did not include the allocations of millions of ringgit to ensure the security, health and education sectors in the state were at a satisfac …
Read More »General : Sabah Gets RM25.85 Billion For Development Budget 2008-2013
KOTA KINABALU, July 16 (Bernama) — Sabah has received RM25.852 billion through the federal development budget allocation from 2008 until 2013. This amount did not include the allocations of millions of ringgit to ensure the security, health and education sectors in the state were at a satisfac …
Read More »Business : Pengerang Independent Terminals To Spend Additional RM16 Billion For Further Development, Says Najib
KOTA TINGGI, June 26 (Bernama) — Pengerang Independent Terminals Sdn Bhd (PITSB) may spend an additional RM16 billion in the next 15 years to further develop the area to cater for future demand, said Prime Minister Datuk Seri Najib Tun Razak. Announcing this, he said the investment would see a …
Read More »General : Works Ministry Allocates RM1.037 Billion For Federal Road Maintenance
JOHOR BAHRU, June 5 (Bernama) — The Work Ministry is allocating RM1.037 billion this year for maintenance work of federal roads, stretching 17,458km nationwide. Its minister, Datuk Fadillah Yusof said the allocation included RM409 million for routine works, while RM628 million was for periodic …
Read More »Business : Airasia To Spend RM2.1 Billion As Capex On Fleet Expansion
By Siti Radziah Hamzah KUALA LUMPUR, June 3 (Bernama) — AirAsia X Bhd will allocate at least RM2.1 billion in 2014 as capex to acquire seven new Airbus A330-300 aircraft, said Chief Executive Officer Azran Osman Rani. He told Bernama that to date, the long-haul budget airline had received thre …
Read More »Remember Gangnam Style? It just hit 2 billion views
PETALING JAYA: South Korean pop star Psy’s Gangnam Style has just become the first YouTube video in history to surpass two billion views on Saturday. “Very honorable and burdensome numbers. With the appreciation, I’ll come back soon with more joyful one,” tweeted the South Ko …
Read More »Business : Franchise Industry To Contribute RM25.6 Billion To 2015 National Economy
KUALA LUMPUR, May 29 (Bernama) — The Malaysian Franchise Association (MFA) expects the franchise industry to contribute RM25.6 billion to the country’s economy in 2015. Last year, the industry contributed 2.5 per cent or RM24.6 billion to the economy. MFA Chairman Datuk Mohd Latip Sarrug …
Read More »Business : Kedah Drew RM4 Billion In Manufacturing Investments From January To March – MB
From Nor Hamzeela Hambali TOKYO, May 23 (Bernama) — Kedah received RM4 billion in investments in the manufacturing sector between January and March 2014, said Menteri Besar Datuk Seri Mukhriz Mahathir. “In 2013, the state attracted investments in the manufacturing sector worth more than …
Read More »Business : Petron Malaysia’s Q1 Revenue Rises To RM2.89 Billion
KUALA LUMPUR, May 22 (Bernama) — Petron Malaysia Refining and Marketing Bhd’s (PMRMB) revenue for the first quarter ended March 31, 2014, rose to RM2.94 billion from RM2.89 billion in the same quarter last year. But, despite a robust sales and operating performance, the company also post …
Read More »Business : Bilateral Trade Between Malaysia And EU Higher At RM135 Billion In 2013
KUALA LUMPUR, April 17 (Bernama) — Bilateral trade between Malaysia and the European Union (EU) was 6.0 per cent higher at RM135 billion in 2013, said Ambassador and Head of the EU Delegation to Malaysia, Luc Vandebon. He also said last year, the EU managed to climb up a notch to become Malays …
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