Business

More RapidKL buses on the road during Monorail service suspension
Tuesday, April 8, 2014

KUALA LUMPUR: Rapid Bus Sdn Bhd (RapidKL) is to provide more shuttle bus services on Saturday and Sunday when its monorail service in the city is suspended for upgrading of the signalling system.     Chief Executive Officer Datuk Zohari Sulaiman said in a statement today that 15 buses would be made available on three designated routes - between KL Sentral and Bukit Bintang; Bukit Bintang and Titiwangsa; and KL Sentral and Tititwangsa....

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EPF property investment returns exceed expectations
Monday, April 7, 2014

KUALA LUMPUR, April 7: The returns from property investments by the Employees Provident Fund (EPF) in 2013 exceeded their targets, said the first series of the Auditor-General's Report 2013.
 
The findings, tabled in Parliament today, showed that the EPF received gross income of RM1.14 billion for investments in property and infrastructure last year, compared to the annual target of RM930 million, in line with the increase in property and infrastructure investments....

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Malacca Sukma equipment in deplorable conditions
Monday, April 7, 2014

MALACCA, April 7: The conditions of sports equipment used by Malacca when hosting the 13th Sukma in 2010 were found to be in deplorable conditions after being left idle since.
 
According to the 2013 Auditor General's (AG) report, equipment for gymnastics, weightlifting, boxing, wushu, pencak silat and archery have been collecting dust and stored in less conducive locations.
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Malindo Air signs distribution agreement with Amadeus
Monday, April 7, 2014

KUALA LUMPUR: Malindo Air has signed a new distribution agreement with Amadeus, which provides technology solutions to travel companies.    Under the pact, Amadeus's travel agents in the Asia-Pacific will have immediate access to the same Malindo Air fares, availability and functionality as any other travel agency content channel, Amadeus said in a statement today.  ...

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KLIA second best airport in Skytrax 2014 World Airport Awards
Friday, April 4, 2014

KUALA LUMPUR : Malaysia Airports Holdings Bhd. (MAHB) said today that Kuala Lumpur International Airport (KLIA) has been voted as the second best airport in Skytrax 2014 World Airport Awards, having served over 40 to 50 million passengers. Bernama reported that its Managing Director Tan Sri Bashir Ahmad said the award, which was announced on March...

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Petronas expects first hydrocarbon from Tanjung Baram field in 11 months
Friday, April 4, 2014

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects the recently awarded Tanjung Baram field to produce the first hydrocarbon within 11 months.    Petronas in a statement today said the field was awarded to EQ Petroleum Developments Malaysia Sdn Bhd (EnQuest) and Uzma Energy Venture (Sarawak) Sdn Bhd (Uzma) on March 27 under the Small Field Risk Service Contract (SFRSC)....

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AmBank Group Wins Three Awards from Corporate Governance Asia
Friday, April 4, 2014

KUALA LUMPUR: AMMB Holdings Berhad (AmBank Group) announced that it had received three awards at the fourth Asian Excellence Recognition Awards 2014 organised by Corporate Governance Asia in the following categories:    Asia’s Best CEOs (Investor Relations) – Ashok Ramamurthy    Best Investor Relations Professional (Malaysia) – Ganesh Kumar Nadarajah...

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Firefly extends booking period for RM77 anniversary sale until 7pm tomorrow
Friday, April 4, 2014

KUALA LUMPUR : Community airline, Firefly, is extending the booking period for eight routes until 7 pm tomorrow in conjunction with its RM77 anniversary sale.    The promotion rate is for passengers flying from Penang to Langkawi, Penang-Kuantan, Penang-Subang and Penang-Kota Baharu.    ...

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Malaysia Airports welcomes Lufthansa German airline non-stop flight
Monday, March 31, 2014

Kuala Lumpur – With the start of the summer flight schedule on 31 March, Lufthansa will be switching the previous flight from Kuala Lumpur to Frankfurt to a non-stop flight. At the same time, capacities and frequencies will be extended.   ...

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GE & Petronas agree on gas turbine packages
Friday, March 28, 2014

KUALA LUMPUR, March 28: General Electric (GE) today signed a new seven-year Global Frame Agreement with Petronas for the supply of gas turbine packages for the latter's onshore and offshore projects in Malaysia and other countries.
 
The company said the agreement would include an option to renew for a further three years.
 
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