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Business

Uproar over telco service tax not surprising, says OSK Research

KUALA LUMPUR, Sept 12 (Bernama) -- The uproar from various quarters over the passing on of the six per cent sales tax to consumers by telecommunication companies, effective Sept 15, is not surprising, says OSK Research.

Nation

Airport tax increase put off pending report

PETALING JAYA: The previously approved increase on airport charges scheduled to begin on Sept 15 has been delayed indefinitely pending a review by the Transport Minis­try.

Business

Higher fuel cost affects MAS, AirAsia figures

PETALING JAYA: Local airlines Malaysia Airlines (MAS) and AirAsia Bhd saw higher fuel cost eat into their second-quarter operating numbers, with MAS posting a net loss of RM526.68mil and budget carrier AirAsia recording a slight drop in its net profit at RM104.26mil.

Business

KLIA needs to work harder to attract more international passengers

CONSUMERS and some airlines may frown upon airport operator Malaysia Airports Holdings Bhd's (MAHB) recent decision to increase aeronautical charges, but analysts say the move is long time coming.

Business

Independent body to protect air travellers vital

CAN someone guarantee travellers that airfares will not go up and there will be no cartel fixing prices. Is there an agency that can protect the interest of travellers in Malaysia?

Nation

Malaysia Airports: New charges approved

PETALING JAYA: Malaysia Airports Holdings Bhd has clarified that the Government has approved the implementation of new international passenger service charge (PSC), aircraft landing charge and aircraft parking charge.

Business

MAHB raises international passenger service charge

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) will increase the international passenger service charge (PSC) by 27% to 28% effective Sept 15 while aircraft landing and parking charges will be gradually raised up to 30% and 64% respectively.

Business

MAHB in talks with BA and Qantas on using KLIA

PETALING JAYA: Airport operator Malaysia Airports Holdings Bhd (MAHB) is still in talks with British Airways and Qantas Airways on the possibility of both airlines mounting flights to KL International Airport (KLIA), a decade after these airlines suspended flights to KLIA owing to a lack of network connectivity here.

Business

MAHB plans to get new low-cost terminal job done well

SEPANG: Malaysia Airports Holdings Bhd (MAHB) has not given a firm timeline on the completion of the new low-cost terminal, KL International Airport 2 (KLIA2), but stresses that it will get the job done well.

Business

MAHB quarterly net profit down on FRS 139 adoption

SEPANG: Malaysia Airports Holdings Bhd#8217;s (MAHB) net profit fell 29% to RM100mil for the fourth quarter ended Dec 31, 2010 against RM140.9mil a year earlier.