KUALA LUMPUR, Oct 23 (Bernama) — The Boeing Company reported a seven per cent increase in third-quarter revenue to US$ 23.8 billion on higher commercial deliveries. In releasing its financial results for the quarter ended Sept 30, 2014, the global aviation company said the total company backlo …
Read More »Business : Boeing, COMAC Open Facility to Transform ‘Gutter Oil’ into Aviation Biofuel
KUALA LUMPUR Oct 23 (Bernama) — Boeing and Commercial Aircraft Corp. of China (COMAC) today opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. The two companies estimate that 500 millio …
Read More »Freak storm, strong winds, batter Pandamaran Dozens of houses and business prem…
Freak storm, strong winds, batter Pandamaran Dozens of houses and business premises were badly damaged. Freak storm, strong winds, batter Pandamaran
Read More »Business : Internet Solutions Predix A Boon To Malaysia’s O&G Sector, Says MIDA
KUALA LUMPUR, Oct 21 (Bernama) — Predictivity (Predix) solutions offered by US industrial giant GE will benefit the Malaysian oil and gas (o&g) sector in meeting the region’s growing energy needs, Malaysian Investment Development Authority (MIDA) Deputy Chief Executive Officer Datuk …
Read More »Business : Budget 2015 Gives More Money For Malaysians
KUALA LUMPUR, Oct 20 (Bernama) — The 2015 Budget gives Malaysians more money to help them in their financial spending as costs of living increase, said RHB Investment Bank Bhd’s director regional head, equity capital markets corporate and investment banking services, Gan Kim Khoon. Gan s …
Read More »Business : Husni To Lead Delegation To Beijing APEC Finance Ministers’ Meeting
KUALA LUMPUR, Oct 20 (Bernama) — Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah will lead the Malaysian delegation to the 21st APEC Finance Ministers’ meeting (APEC FMM) in Beijing, China, from Oct 21-22. The APEC FMM will discuss and exchange views on the global and regional e …
Read More »Dr Yeah Kim Leng, Dean of the School of Business at the Malaysia University of S…
Dr Yeah Kim Leng, Dean of the School of Business at the Malaysia University of Science and Technology: It is best to “bite the bullet” and at least recoup some of your investments. '27 Sen for MAS' minority shareholders or nothing'www.kinibiz.comThe minority shareholders of ailing Mal …
Read More »Business : MIDA Expects Services Sector To Contribute 65 Pct To Gdp By 2020
GEORGE TOWN, Oct 17 (Bernama) — The Malaysian Investment Development Authority (Mida) expects the services sector to contribute 65 per cent to the Gross Domestic Product (GDP) by 2020, making it a major contributor to Malaysia’s economy. Its Deputy Chief Executive Officer 1 Datuk Phang A …
Read More »Business : MyCC Finalises Guidelines On Leniency Regime & Financial Penalties
KUALA LUMPUR, Oct 16 (Bernama) — The Malaysia Competition Commission (MyCC) has finalised and published its Guidelines on Leniency Regime and Financial Penalties after a nationwide public consultation earlier this year. In a statement here Thursday, the commission said both guidelines were bas …
Read More »Business : Government Focusing On Green Technology As Enabler Of Economic Growth – Muhyiddin
KUALA LUMPUR, Oct 16 (Bernama) — The government will continue to focus on green technology as an effective enabler of economic growth that is environmentally friendly and socially sustainable, Deputy Prime Minister Tan Sri Muhyiddin Yassin said. The government was committed to providing better …
Read More »Business : MAS To Hold EGM On Nov 6
KUALA LUMPUR, Oct 15 (Bernama) — Malaysia Airlines System Bhd (MAS) will hold an extraordinary general meeting (EGM) on Nov 6 for minority shareholders to exercise their voting rights on the company’s issued and paid-up capital reduction. The national carrier proposed for its issued and …
Read More »Business : MAS Launches New Enrich GOM Card For Civil Servants
PUTRAJAYA, Oct 14 (Bernama) — Malaysia Airlines (MAS) has launched a new Enrich ‘Government of Malaysia’ (GOM) loyalty card only for government staff. The Enrich GOM card, bearing the government emblem, allows government staff to enjoy enhanced travel benefits and priviledges. Chie …
Read More »Business : Only 5 Sabah Bumiputera Firms Venture Overseas, Says Matrade
SANDAKAN, Oct 14 (Bernama) — Only five Bumiputera firms in Sabah have ventured overseas through Malaysia External Trade Development Corporation’s (Matrade) development programmes for Bumiputera and women exporters. The five are Coconut Ingredients Sabah Sdn Bhd (desiccated coconut milk), …
Read More »Business : Boeing Begins Production on First 737 MAX Parts
Boeing has started production of the first 737 MAX fuselage stringers at Boeing Fabrication Integrated AeroStructures in Auburn, Washington. Stringers run the length of the fuselage structure giving it stability and strength. Pictured here, Joggle Press operator Rich Harrison prepares the first 737 …
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