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Malaysia 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

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Pakatan 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

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PCG 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

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China, 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

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Owning 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

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Petronas 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

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Malaysia’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

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SST 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

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CECA 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

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Affordable 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

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