Business

Pressure on currency war

Central banks making moves to check appreciating currencies against US dollar

While AirAsia has done away with fuel surcharges, there is no indication from MAS whether it will follow suit. — EPA

Little cheer for air travellers

SEVERAL global airlines have removed fuel surcharges but experts are saying travellers should brace themselves to pay the same airfares as last year as the removal is not going to translate into lower airfares.

World Bank regional vice president for East Asia and Pacific Axel van Trotsenburg

The World Bank and Malaysia

MALAYSIA has come a long way since the World Bank’s first mission to the country in 1954. The mission, spanning five months from January to May, covered Malaya and Singapore, then dependencies of Britain.

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One too many oil and gas hubs

The Alternative View - By M. Shanmugam
AS the earnings reporting season begins, the largest oil and gas companies in the United States and Europe are looking at profit dropping by between 19% and up to 57% in the fourth quarter of last year.

31 January 2015 | 12:00AM |

Oil & Gas

Interview AirAsia Bhd executive chairman Datuk Kamarudin Meranun. RAYMOND OOI/ The Star Nov 7, 2013.

Benyamin to lead AAX

PETALING JAYA: AirAsia X (AAX) has appointed Benyamin Ismail to replace Azran Osman-Rani as the airline’s new acting CEO with its founding member Datuk Kamarudin Meranun (pic) taking over as group CEO of the loss-making medium-haul airline.

31 January 2015 | 12:00AM |

Airlines

Eye on Stock

SUPERMAX Corp Bhd shares rebounded sharply from the recent lows of RM1.58 in mid-December last year to a three-month high of RM2.37 on Jan 23 on renewed bargain hunting buying interest before slipping into correction mode.

31 January 2015 | 12:00AM |

Stocks Analysis

Hua Yang to buy MRR2 land

PETALING JAYA: Hua Yang Bhd has bought 8.09 acres of leasehold land along the Middle Ring Road 2 (MRR2) to build a high-rise mixed development project with an estimated gross development value (GDV) of RM800mil.

31 January 2015 | 10:25AM |

Property

Hua Yang to buy MRR2 land

PETALING JAYA: Hua Yang Bhd has bought 8.09 acres of leasehold land along the Middle Ring Road 2 (MRR2) to build a high-rise mixed development project with an estimated gross development value (GDV) of RM800mil.

31 January 2015 | 10:25AM |

Property

Interview AirAsia Bhd executive chairman Datuk Kamarudin Meranun. RAYMOND OOI/ The Star Nov 7, 2013.

Benyamin to lead AAX

PETALING JAYA: AirAsia X (AAX) has appointed Benyamin Ismail to replace Azran Osman-Rani as the airline’s new acting CEO with its founding member Datuk Kamarudin Meranun (pic) taking over as group CEO of the loss-making medium-haul airline.

31 January 2015 | 12:00AM |

Airlines

Transforming customer relationship

DUE to the changing consumer landscape where consumers now dictate the manner and medium to reach them, it may be to their advantage if chief marketing officers (CMOs) and marketeers adopt consumer-centric mobile applications.

31 January 2015 | 12:00AM |

M&A

Eye on Stock

SUPERMAX Corp Bhd shares rebounded sharply from the recent lows of RM1.58 in mid-December last year to a three-month high of RM2.37 on Jan 23 on renewed bargain hunting buying interest before slipping into correction mode.

31 January 2015 | 12:00AM |

Stocks Analysis

The short position

FORTUNE 500 companies typically prep their stakeholders about any imminent changes taking place, whether it be profit warnings or top management changes. Not doing so usually results in the company receiving flak from all quarters, be they investors, financiers or staff.

31 January 2015 | 12:00AM |

Corporate News

A tale of two pities

Speakeasy - By S. Jayashankaran
Beginning this week, we introduce a new column Speakeasy, a light hearted look at life and business. The author is former journalist S Jayasankaran (Ex-NST, ex-Far Eastern Economic Review and, finally, Singapore’s The Business Times. Readers should be advised to proceed tongue firmly in cheek.

31 January 2015 | 12:00AM |

Jaya stock

One too many oil and gas hubs

The Alternative View - By M. Shanmugam
AS the earnings reporting season begins, the largest oil and gas companies in the United States and Europe are looking at profit dropping by between 19% and up to 57% in the fourth quarter of last year.

31 January 2015 | 12:00AM |

Oil & Gas

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