Business
Back to homepageMalaysia Airlines’ KL-Istanbul charter flights underway
KUALA LUMPUR: Malaysia Airlines Bhd (MAB) has partnered Turkish-Dorak Holdings to provide charter flights between Kuala Lumpur and Istanbul’s Sabiha Gokcen International Airport from October until December 2019. A three-month agreement signed between the national carrier and Turkish-Dorak on Friday
Read MorePakatan Harapan a political hypocrite government?
KUALA LUMPUR: Reforms and governance parliamentary caucus chief Datuk Seri Anwar Ibrahim who is also PKR president defended the government over alleged political hypocrisy. “I don’t believe so,” he, who is also Port Dickson MP, told a press conference after
Read MorePCG to spend US$12 bln for future deals to 2037
KOTA TINGGI: Petronas Chemicals Group Bhd (PCG) has earmarked about US$12 billion (US$1=RM4.116) to be spent over the next 18 years for future deals, with the focus on specialty chemicals. PCG’s Head of Commercial Shamsairi Mohd Ibrahim said this plan
Read MoreChina, Malaysia restart massive Belt and Road project after hurdles
DUNGUN: China and Malaysia resumed construction on a massive “Belt and Road” train project in northern Malaysia today, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about US$11 billion. The
Read MoreOwning a home more attractive than paying student loan
KUALA LUMPUR: Housing and Local Government Minister Zuraida Kamaruddin is confident that first time home buyers would be more motivated to pay for their first homes as they are rewarded with a house, compared to settling their education loans. “The
Read MorePetronas sells Bertam crude to Shell
SINGAPORE: Petronas has awarded a tender of September-loading Bertam crude at a premium of more than US$5 a barrel above dated Brent, two trade sources told Reuters yesterday. Royal Dutch Shell is believed to be the final buyer of the
Read MoreMalaysia’s CPI up by 1.5%
KUALA LUMPUR: Malaysia’s Consumer Price Index (CPI), which measures headline inflation, rose 1.5% in June to 121.4 as compared against 119.6 in the same month last year. Department of Statistics (DoS) chief statistician Datuk Seri Mohd Uzir Mahidin said out
Read MoreSST collection for 2019 may hit RM22 billion
KUALA LUMPUR: The government is projecting Sales and Service Tax (SST) collection will amount to RM22 billion for this year, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said the reintroduction of the SST tax system to replace the goods
Read MoreCECA safeguards Malaysia – India palm oil deal
KUALA LUMPUR: Malaysia should not be too worried over news reports that India would probably raise the import duty on refined palm oil, given that both countries have signed the Comprehensive Economic Cooperation Agreement (CECA). Malaysian Palm Oil Association chief
Read MoreAffordable housing offer from Hi-Home online expo
PETALING JAYA: Hi-Home online expo would be offering first time buyers affordable housing below the price tag of RM300,000, confirmed Hartabumi CEO Radzi Tajuddin. “We have over 100 housing projects. Upto 50 percent affordable homes are below the price tag
Read More
