NEW DELHI, Dec 12 (Bernama) — Malaysia Airlines (MAS) has initiated talks to enter into a code-sharing deal with India’s Jet Airways for domestic routes, especially in secondary cities, the Financial Chronicle reported. The report said Malaysia’s Ministry of Transport has sought cl …
Read More »Business : MAS Most Active Stock In Early Trade
KUALA LUMPUR, Dec 12 (Bernama) — Malaysia Airlines System Bhd (MAS), which will mark its last trading on the Main Market today, was the most active stock in early trade. At 10.20 am, the national airline’s shares were half-a-sen lower at 26.5 sen with 44.676 million lots changing hands. …
Read More »Business : South Korea, Asean Can Make Regional Economy Inclusive, Dynamic, Says Najib
From Ahmad Fuad Yahya BUSAN (South Korea), Dec 11 (Bernama) — Prime Minister Datuk Seri Najib Tun Abdul Razak has asked South Korea to remain as Asean’s strategic partner in working towards a dynamic grouping for Asia and for the world. South Korea, he said, can help ensure the regional …
Read More »Business : Transport Ministry Announces Members Of klia2 Independent Audit Committee
SEPANG, Dec 11 (Bernama) — The President of the Federation of Engineering Institutions of Asia and the Pacific, Datuk Dr Chuah Hean Teik, heads the five-member Kuala Lumpur International Airport 2 (klia2) independent audit committee named by the Ministry of Transport on Thursday The others are …
Read More »Business : MyCC Hosts Meeting Of The Special Committee On Competition
MyCC Chairman Tan Sri Siti Norma YaakobKUALA LUMPUR, Dec 11 (Bernama) — The Special Committee on Competition, spearheaded by the Malaysia Competition Commission (MyCC), recently convened for a second time to discuss various competition issues cutting across sector regulators. The meeting follo …
Read More »Business : Melaka Rakes In RM4.38 Billion In Manufacturing Investments From Jan-Sept 2014
MELAKA, Dec 11 (Bernama) — Melaka raked in RM4.38 billion in manufacturing investments for 22 projects approved by the Malaysian Investment Development Authority (MIDA) between January to September this year. Chief Minister Datuk Seri Idris Haron said the figure was very encouraging for a smal …
Read More »Business : Korean Business Leaders Must Play Substantive Role, Says Najib
From Ahmad Fuad Yahya SEOUL, Dec 10 (Bernama) — Korean business leaders must assume a substantive role in making bilateral and regional initiatives a success, says Prime Minister said Datuk Seri Najib Tun Abdul Razak. He said Malaysia and South Korea agreed to embark on the Second Wave of The …
Read More »Business : Enrich, Malaysia Airlines Collaborate With Zalora For Online Fever Campaign
KUALA LUMPUR, Dec 10 (Bernama) — Enrich, the Malaysia Airlines Frequent Flyer Programme, will collaborate with Zalora, for the 12-12 Online Fever campaign. This collaboration is a first between Enrich and online retailer Zalora, and aimed at getting online shoppers interested in savouring the …
Read More »Business : Boeing Forecasts Unprecedented Diversity, Efficiency for 2015 Aircraft Financing
KUALA LUMPUR, Dec 10 (Bernama) — Boeing says decades of predictable, attractive returns have led to unprecedented diversity, efficiency and volume of financing for commercial airplanes, with airlines and lessors set to benefit from increased competition among lenders and historically low inter …
Read More »Business : Mueller Tailor-Made To Helm New MAS, Says MP
KUALA LUMPUR, Dec 9 (Bernama) — Aer Lingus, the Irish national airline was in dire straits for years, losing millions, faced restrictive work rules imposed by unions, attacked from below by Ryan Air — an Irish low-cost carrier — and from above by a slew of European airlines, exactl …
Read More »Business : Impact Of Ringgit Depreciation On Exports Not Significant, Says Matrade
KUALA LUMPUR, Dec 9 (Bernama) — The impact of the depreciation of the ringgit on exports is not significant, says Malaysia External Trade Development Corp (Matrade) chief executive officer, Datuk Dr Wong Lai Sum. Many said the depreciation would make exports more competitive but it’s not …
Read More »Business : Petrol, Diesel Prices Expected To Continue To Drop – Ahmad Maslan
KUCHING, Dec 8 (Bernama) — Global oil prices are expected to continue to fall until January next year based on their downtrend in the first week of December, said Deputy Finance Minister, Datuk Ahmad Maslan. He said the information obtained showed that the average weekly prices of global oil w …
Read More »Business : MIDA In Talks With Companies On Investments In Various Industries
GEORGE TOWN, Dec 4 (Bernama) — Malaysian Investment Development Authority (MIDA) is in talks with companies that are keen to invest in various industries, said its chief executive officer, Datuk Azman Mahmud. He said the talks were on-going with local and foreign companies from the medical dev …
Read More »Business : China, Asean Must Work Even More Closely – Muhyiddin
From Jamaluddin Muhammad CHONGQING (China), Dec 4 (Bernama) – China and Asean must work even more closely to ensure stability in regional finance, economics and politics, said Tan Sri Muhyiddin Yassin. The deputy prime minister said the move was important in order to fully unleash the potentia …
Read More »Business : MATRADE, MPRC To Organise Malaysian Firms’ Mission To Myanmar
KUALA LUMPUR, Dec 4 (Bernama) — The Malaysia External Trade Development Corp (MATRADE), in collaboration with Malaysia Petroleum Resources Corporation (MPRC), will organise the participation of 14 Malaysian companies in a specialised mission for oil and gas (O&G) sector to Nay Pyi Taw and …
Read More »