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82,000 cars taken off the road

AN all-time high of about 110,000 vehicles were deregistered last year. The number exceeded the expectations of both the government and the motoring industry.

SALE leases three aircraft to Qantas subsidiary Jetstar

B>SINGAPORE: /B>Singapore Aircraft Leasing Enterprise (SALE), a unit of Singapore Airlines (SIA), is leasing three new Airbus I>A320 /I>aircraft to Qantas Airways' low-cost carrier Jetstar.

Survey: Cost of KL office space still competitive

KUALA Lumpur continues to remain competitive, ranking 107th globally in terms of office accommodation costs per workstation, according to an annual survey compiled by international property advisers DTZ Debenham Tie Leung.

KPJ spreading wings overseas

KPJ Healthcare Bhd, the biggest private hospital operator in the country, plans to spread its wings overseas and has initiated talks with parties from countries such as the Middle East, China, Indonesia, Brunei and Singapore.

MAS keen on more super jumbos

MALAYSIA Airlines (MAS) says it would be interested in adding more of the large-capacity I>Airbus A380/I>s to service its busiest routes to Europe, Asia and Australia once the technical capabilities and economics of the six aircraft slated for delivery in 2007#8211;2008 are proven.

AirAsia plans to buy 5 more aircraft next year

AIRASIA is committed to buy up to five Boeing 737-300 by the end of next year to complete its fleet of 21 jetliners - including 16 on lease - by the middle of next year.

Inch Kenneth unit leasing land from Cepco for RM14.8mil

PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.

AirAsia plans to sell a third of shares to buy new aircraft

AIRASIA Sdn Bhd plans to sell about a third of its shares to the public next year, raising as much as US$300mil to buy new aircraft, said a company official.

PSA eyes stake in Shanghai port

Singapore's state-owned PSA Corp Ltd, which runs the world's second busiest container port after Hong Kong, is keen to take a stake in Shanghai's new multi-billion dollar Yangshan Port.

Pulai Springs Resort guarantees 60% rental return in six years

Investors who find the current fixed deposit rates too paltry, may be glad to know that buying a CintaAyu resort apartment in the award-winning Pulai Springs Resort in Johor Baru can guarantee them a 60% rental return over six years.