Recent and archived articles by Isabelle Lai
PETALING JAYA: AirAsia Bhd could lose around RM700mil in revenue due to the removal of its fuel surcharge but remains a top pick for analysts who believe that lower jet fuel costs are sufficient enough to cushion the revenue loss.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) envisages the KL International Airport Aeropolis (KLIA Aeropolis) to position Malaysia as a hub for aviation, aerospace and logistics while also being an engine for tourism growth.
KUALA LUMPUR: The final design of the KLIA2 airport factored in bigger room for growth as well as runway efficiency which will allow Malaysia Airports Holdings Bhd (MAHB) to cater to future expansion plans, according to managing director Datuk Badlisham Ghazali.
PETALING JAYA: Fitch Ratings is “more likely than not” to downgrade the rating on Malaysia’s sovereign debt, currently rated at A-, in a review expected during the first half of 2015, says its Asia-Pacific Sovereign group associate director Sagarika Chandra.
PETALING JAYA: Eastern & Oriental (E&O) Bhd is acquiring two office buildings known as Landmark House and Thames Tower in London for £57mil (RM308.94mil).
PETALING JAYA: The ringgit is not likely to weaken much even if the fiscal budget deficit target of 3% is not met, owing to a revision in Budget 2015.
KUALA LUMPUR: Asean’s trade exhibition industry is expected to grow at an annual pace of 10% over the next three to four years, growing at a faster rate compared with 8% for the rest of Asia with the implementation of the Asean Economic Community (AEC) initiatives.
DESPITE the current unpredictable economic situation, supply chain solutions provider Century Logistics Holdings Bhd is quietly confident it will weather the storm as it has been diversifying its earnings base over the years.
PETALING JAYA: The proposed privatisation of the Duta-Ulu Klang Expressway (DUKE) Phase-3 has been approved in principle by the Prime Minister’s Department’s Public Private Partnership Unit, said Ekovest Bhd.
KUALA LUMPUR: Khazanah Nasional Bhd has to date received 34 business proposals from third parties interested in the ongoing restructuring of Malaysia Airlines (MAS), said its managing director Tan Sri Azman Mokhtar, describing them as “some credible, some incredible”.