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Property 23 Sep 2017 | 12:00 AM

Australia plans tax on ghost homes

ON a wet, midweek evening when most Australians are home cooking dinner, fewer than a third of the lights are on in the apartments in Melbourne’s Docklands. Most shops and restaurants are closed. The only people passing through seem to be on their way elsewhere.

Markets 29 Aug 2017 | 9:34 AM

TPP countries consider amendments to stalled trade deal - sources

SYDNEY: The 11 countries committed to the Trans-Pacific Partnership (TPP) are considering amendments to the trade deal, three sources said on Tuesday, as officials meet in Sydney for talks to re-energize the stalled agreement.

Business 24 Aug 2017 | 2:10 PM

Qantas firms up plans for world’s longest commercial flight

SINGAPORE: Qantas Airways is set to formally announce plans to offer 20-hour non-stop flights from Sydney to London by 2022 if Airbus SE or Boeing Co can deliver aircraft that meet the distance, a source familiar with the matter said.

Business 05 Apr 2017 | 11:00 PM

Airbus, Boeing close in on Qantas' ultra long Sydney to London non-stop flight

SYDNEY: Both Airbus and Boeing now offer aircraft that appear capable of flying non-stop commercial flights from Sydney to London - the "Holy Grail" for Australian carrier Qantas Airways Ltd.

Business 03 Oct 2014 | 8:32 AM

Disappearance of MH370 highlights poor knowledge of ocean depths

"We know much more about the topography of Mars than we know about Earth's seafloor," "The disappearance of Malaysia Airlines flight MH370 earlier this year has heightened global awareness of the poor knowledge of our ocean depths," say experts.

Business 16 Jul 2014 | 11:03 AM

Aussie Govt may bypass Senate if unpopular budget remain stalled in chamber

SYDNEY: Australia's conservative government may seek to bypass the Senate if its unpopular budget measures remain stalled in the chamber, Treasurer Joe Hockey warned on Wednesday, as a showdown festers over its foundering austerity agenda.

Business 08 Oct 2013 | 12:00 AM

Successful grocer continues innovating with its new outlet

FOR Daniel Teng, opening the seventh Jaya Grocer outlet at The Intermark in Jalan Tun Razak, Kuala Lumpur marks a new era for the family-owned business that started out in 1942 with a sundry shop on Jalan Sentul run by his late grandfather Teng Sek How.

Business 02 Oct 2013 | 6:55 AM

Report: Obama's bold trade plan faces resistance on Asia trip

KUALA LUMPUR: Malaysia's former prime minister Mahathir Mohamad and opposition leader Anwar Ibrahim haven't agreed on much, if anything, in the 15 years since the latter was ousted from Mahathir's government.

Business 27 May 2013 | 10:29 AM

Robots to drones, Australia eyes high-tech farm help to grow food

SYDNEY: Moving carefully along a row of apple trees, two of Australia's newest agricultural workers check if the fruit is ripe or the soil needs water or fertiliser.

Business 29 Mar 2012 | 12:00 AM

Myanmar to float currency

YANGON: Myanmar announced an overhaul of its antiquated currency system as part of burgeoning reforms to modernise an economy left in disarray by decades of military rule and isolation.