about 15 hours ago - No comments
KUALA LUMPUR, Feb 22 — AirAsia today reported a sharp fall in net profit by almost half for 2011 but the budget carrier posted record revenue. The airline posted a revenue of RM4.47 billion ringgit for the year, up 13 per cent from 2010.
about 15 hours ago - No comments
KUALA LUMPUR, Feb 22 — Automotive industry players will meet Bank Negara on Friday to discuss new guidelines for loan borrowers, following a 25 per cent drop in sales of new motor vehicles last month, Bernama Online reported Proton as saying today. The guidelines have been in force since January 1.
about 16 hours ago - No comments
ATHENS, Feb 22 – The Greek parliament, barricaded from protests by workers and pensioners angry over austerity, scrambled today to pass laws needed to secure payment of a second international bailout for the debt-laden country. Lawmakers set to work on a flurry of measures demanded by euro zone states in exchange for a €130 billion (RM520.89 …
about 16 hours ago - No comments
KUALA LUMPUR, Feb 22 — Inflation grew faster in January as compared with December and November last year due to higher prices for food and non-alcoholic beverages, RHB Research Institute said today. The Consumer Price Index (CPI) on which inflation figures are based rose 0.3 per cent month-on-month in January this year as compared with 0.1 per …
about 17 hours ago - No comments
KUALA LUMPUR, Feb 22 — An independent monitoring unit will be formed for a construction audit at the Lynas Corporation’s rare earth refinery plant in Gebeng, Pahang to ensure compliance to all standards imposed by the appropriate and relevant professional bodies, the government announced today. Bernama Online reported that the government released …
about 18 hours ago - No comments
KUALA LUMPUR, Feb 22 – Malaysian shipping liner MISC Bhd said in a filing to the local stock exchange today that the third quarter ended Dec 31 turned to a net loss of RM1.74 billion (US$575 million) versus a net profit of RM1.38 billion a year ago. The poor performance was partly due to its exit from the liner business and a weak global economy …
about 19 hours ago - No comments
PUTRAJAYA, Feb 22 — Anson Wong Keng Liang is a free man today after the Court of Appeal here allowed his appeal to reduce the jail sentence handed down to him for illegally exporting boa constrictor snakes without a permit, Bernama Online reported today. The news portal also reported that Justice Datuk Wira Low Hop Bing, chairing a three-member ..
about 20 hours ago - No comments
BANGKOK, Feb 22 – Southeast Asian stocks ended mostly lower on worries over the feasibility of the Greek deal and rising oil prices, while data showing a continuous contraction in China’s factory sector kept investors cautious today. Benchmarks in Singapore, Indonesia, Malaysia and Thailand ended lower, while those in the Philippines and Vietnam ..
about 20 hours ago - No comments
KUALA LUMPUR, Feb 22 — The executive editor-in-chief of top-selling newspaper, Sin Chew Daily, filed a police report today to protect his reputation over claims he received property as a reward in return for his support of former minister, Tan Sri Ong Ka Ting, in a fractious MCA power-struggle over a decade ago. Kuik Cheng Kang came under heavy …
about 21 hours ago - No comments
SINGAPORE, Feb 22 – Casino operator Genting Singapore Plc said today it was looking to invest in new projects after it swung to a net profit in the fourth quarter and announced its first-ever dividend. Genting, whose main asset is the Resorts World at Sentosa casino complex, earned S$262 million (RM633.42 million) in October-December, reversing …
