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S-E Asian airports dominate flight connectivity

SINGAPORE: Six of Asia-Pacific’s largest airports are among the Top 20 most connected airports worldwide according to OAG’s International Megahubs Index 2018, which ranks the airports with the highest ratio of scheduled international connections to the number of destinations served.

In the International Low-Cost Megahubs section, ongoing low-cost airport infrastructure development, route network expansions and seat capacity growth enabled Kuala Lumpur International, home of Asia’s largest low-cost carrier AirAsia, Jakarta Soekarno-Hatta International and Singapore Changi to retain the Top 3 global rankings.

BToto posts higher net profit in Q1

KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto) posted higher earnings in the first quarter ended July 31, on lower prize payouts and increased contribution from its car dealership business in the UK.

SC eases retail investment rules in bond and sukuk market

KUALA LUMPUR: The Securities Commission Malaysia (SC) has announced the liberalisation of its regulatory framework to facilitate greater retail access to the RM1.3 trillion Malaysian bond and sukuk market.