Business

Malaysia Airlines offers five-day sale to selected destinations
Wednesday, February 26, 2014

KUALA LUMPUR -- Malaysia Airlines (MAS) is offering attractive fares and packages to selected destinations in a five-day sale held in conjunction with the upcoming Malaysian Association of Tour and Travel Agents (MATTA) Travel Fair in March.  In a statement today, the national carrier said the sale is for the travel period of Feb 28-May 31, 2014.  ...

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The Economist explains why airlines make such meagre profits
Tuesday, February 25, 2014

KUALA LUMPUR : A report in The Economist highlighted a fact that many forget about the airline industry which has played a big role in connecting the world but unfortunately has done little to the pockets of the airlines. "Despite incredible growth, airlines have not come close to returning the cost of capital, with profit margins of less than 1% on average over that period. In...

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Chinese survey: Billionaire boom for Asia
Tuesday, February 25, 2014

BEIJING: Asia experienced a billionaire boom last year, with more than 200 people from the continent seeing their net worth pass into 10 figures, a Chinese publisher said Tuesday. A total of 824 Asians were included among the 1,867 people named as dollar billionaires on the Hurun Report's global rich list. ...

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Samsung launches flagship Galaxy S5 smartphone
Tuesday, February 25, 2014

BARCELONA: Samsung unveiled Monday its new flagship Galaxy S5 smartphone armed with a fingerprint scanner and a built-in heart rate sensor to defend its place as the world's industry leader.
 
Taking centre stage on the opening day of the world's biggest mobile fair in Barcelona, the South Korean giant simultaneously revealed a connected bracelet for health-concerned customers....

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LinkedIn launches China version despite censorship fears
Tuesday, February 25, 2014

BEIJING - Business networking site LinkedIn has launched a Chinese version, attempting to tap the huge market while navigating a strict censorship regime that has seen other foreign social media giants banned....

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MAS may have to think hard on new fleet
Monday, February 24, 2014

KUALA LUMPUR: With Malaysia Airlines suffering RM1.2 billion worth of red ink in 2013, it may be extra difficult for the national carrier to properly evaluate how it should go about deciding its fleet replacement due in a few months.
 
Against such a scenario, it has to decide which aircraft manufacturer will give the best deal and which aircraft are best suited for its operations....

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Facebook's Zuckerberg the new mobile king
Monday, February 24, 2014

BARCELONA: Billionaire 29-year-old Facebook founder Mark Zuckerberg stars in the mobile industry's biggest fair Monday, fresh from his $19 billion takeover of smartphone messenger WhatsApp.
 
The keynote speaker on the opening day of the February 24-27 Mobile World Congress here, Zuckerberg has come a long way in the mobile world in a short time.
 
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India: Outlook for non-financial corporates negative due to weak economy
Monday, February 24, 2014

NEW DELHI –- The overall outlook for India's non-financial corporates in 2014 is negative due to the country's weak economy, political uncertainty and the expected gradual scale back of quantitative easing by the US Federal Reserve, says Moody’s Investor Service.   "In particular, our outlook is negative on many domestically focused sectors or sectors that are exposed to the vagaries of regulations and policy-setting....

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Malaysia Airlines offers five-day sale to selected destinations
Sunday, February 23, 2014

KUALA LUMPUR -- Malaysia Airlines (MAS) is having a special five day-sale starting tomorrow to selected destinations.   In a statement, the national carrier said the sales is for the travel period of Feb 28-May 31, 2014. These exclusive fares are only available this week and passengers can enjoy great deals on economy class to Asean destinations from as low as RM169...

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1MDB to realise strong potential from energy asset
Friday, February 21, 2014

The 1MDB Group is poised to realise strong strategic value from its energy assets of high growth potential domestically and globally.
 
Good value...

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