Business
Back to homepageColony – a co-working space with luxury
KUALA LUMPUR: Despite the abundance of co-working spaces available in Malaysia – Colony – Malaysia’s leading luxury co-working space and serviced office provider stands out of the crowd after establishing itself two years ago. “We focus on hospitality service and
Read MoreKhazanah – Mudabala potential collaboration
ABU DHABI: Economic Affairs Minister Azmin Ali said discussions on potential collaboration between Khazanah Nasional Bhd and Mubadala Investment Company took place during his audience with the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. “Productive discussions
Read More‘Mavcom, the cause for Malaysian aviation sector failure’
PUCHONG: AirAsia Group CEO Tony Fernandes blamed the Malaysian Aviation Commission (Mavcom) for causing the failure of Malaysia’s aviation sector. He backed his accusations with seven reasons, including bureaucratic red tapes. “Some of the requirements imposed by Mavcom include airlines notifying
Read MoreAir China no plans to take over Cathay Pacific
SINGAPORE: Air China Ltd has no plans to take over Hong Kong’s Cathay Pacific Airways Ltd, an independent director of the state-owned Chinese carrier told the South China Morning Post newspaper. “Based on what I know, I wouldn’t think that
Read MoreAsia stocks make cautious gains as weak data boosts stimulus hopes
TOKYO: Asian stocks eked out modest gains, amid a cautious market mood as investors pinned expectations on likely stimulus to support growth in the world’s major economies, which showed further signs of struggle. MSCI’s broadest index of Asia-Pacific shares outside
Read MoreMalaysia to solidify Asean relations, collaborate with both China, US
PUCHONG: Malaysia is looking to solidify its relation among its Asean partners to pursue a synergistic collaboration with both China and the United States, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali in view of the ongoing China –
Read MoreAsean to narrow development gap
BANGKOK: Asean member countries have reaffirmed their commitment to narrow the development gap within the economic bloc in the pursuit of shared prosperity and an inclusive economic community. In a joint statement in conjunction with the 51st Asean Economic Ministers’
Read MoreAxiata, Telenor terminates merger plan
KUALA LUMPUR: Axiata Group Bhd and Telenor ASA have agreed to end discussions on the planned non-cash combination of their telecommunication and infrastructure assets in Asia, due to complexities involved in the transaction. Telenor ASA is the parent company of
Read MoreKLCI opens on the upside as US stocks rose overnight
KUALA LUMPUR: The FBM KLCI opened higher today before extending gains as Asian equities took cue from US stocks’ Thursday overnight rise. Global shares rose on US-China trade war de-escalation expectation and after the US announced optimistic economic data.
Read MoreKLCI starts low before rising
KUALA LUMPUR: KLCI opened low today before rising as Asian equities rose amid an apparent easing in Brexit and Hong Kong’s political concerns. At 9am, the KLCI opened down 0.37 point at 1,599.52 before rising 2.42 points at 9:02am to
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