KUALA LUMPUR: The health tourism sector managed to generate RM570.5 million in revenue last year, following improved customer experience, proactive alliances and niche marketing.Health Minister Datuk Seri Liow Tiong Lai said the country has seen a more than 20 per cent growth in terms of health tourism since the three years ago....
PARIS - Lawmakers in Cyprus have thrown out a plan to tax bank deposits up to 9.9 per cent as part of a bailout deal that raised fears across the eurozone as a possible precedent for other crisis-hit countries. Although not unseen before -- Italy imposed a one-off 0.6 per cent bank account tax in 1992 -- it is the first time it has been proposed since the eurozone debt crisis began....
JAKARTA - Lion Air, a little-known carrier launched 13 years ago with just one plane, has struck two of the world's largest aircraft orders in a staggering $46 billion bet on Indonesia's air transport boom. France announced Monday that Indonesia's fastest-growing airline had agreed to buy 234 medium-haul A320 jets worth $23.8 billion (18.4 billion euros) from European aerospace giant Airbus....
WASHINGTON: The US newspaper industry is seeing some glimmers of hope after being battered for years, a prominent study concluded Monday.While the industry is about half the size it once was, there are some positive signs, including new revenue streams from digital paywalls and a general economic improvement which is aiding newspapers, the study found....
KUALA LUMPUR -- Moody's Investors Service expects Petronas to become the biggest beneficiary from the resumption of oil export from south Sudan through pipelines in Sudan owing to Sudanese operations being a larger contributor to overall production. Petronas jointly owned a production facility in south Sudan which was shut down for most of last year due to the dispute between...
NEW YORK: Intensifying its smartphone battle with Apple, Samsung unveiled the feature-rich Galaxy S4, with groundbreaking eye motion technology to let users control key functions at a glance.In one highlight, sensors in the S4 detect when a person looks away from a video and then pauses play until the distraction has passed and eyes are once again directed at the screen. The eye motion technology can also screen through emails....
SYDNEY: Australian billionaire Gina Rinehart offered her estranged daughter Hope Aus$300 million (US$306 million) in a bid to end a sordid feud over the family fortune, according to emails published Thursday.The revelations come a day after media reported that her son had sought a Aus$15 million "sorry payment" from his mother for the way she treated him over the years....
BRUSSELS: European Union leaders try Thursday to find a difficult balance between austerity policies adopted to cut debt and calls to spend more to generate growth and jobs in an economy stuck in the doldrums.The stakes are high. Italian elections last month saw a new anti-austerity party win a stunning 25 per cent of the vote, a warning for austerity hardliners such as German Chancellor Angela Merkel who faces polls later in the year....
TROLAK -- Operations at the Felda Sahabat plantation in Lahad Datu, Sabah, has been slightly affected due to the intrusion by the Sulu terrorists, Felda chairman Tan Sri Isa Mohd Samad said today. However, he said, the actual losses had yet to be determined. "Operations wise, we do as ordered, like reducing the working hours of plantation workers and if there are areas...
KUALA LUMPUR -- Naza Kia Malaysia Sdn Bhd is aiming to sell 100 units monthly of the next generation Sorento, a move that will help the official distributor of Kia Motors vehicles in Malaysia to achieve its sales target of 15,000 units this year. The car, to be launched on March 16 and 17, is available in snow pearl white, bright silver, glittering metal and mahogany brown with...
