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Nation

Will Malaysia’s rating change?

It’s Budget season and nerves are stretched thin over possible changes to Malaysia’s ratings by international agencies.

Nation

Safe berth for the ‘kings’ of Westports

PETALING JAYA: The conventional wisdom in the world of marketing is that the customer is the “king”.

Nation

Sabah seeing red over minister’s call to cut tourism funds

KOTA KINABALU: Sabah is seeing red over the Tourism Ministry’s threat to squeeze funding to the state if it decides to ignore a pro­posal to impose tourism service fee or surcharge on rented hotel rooms.

Nation

Government mulls hospitality levy

IPOH: The Government is mulling a proposal to impose a hotel fee to raise revenue and further promote the country as a tourism destination.

World

Libya's jihadist challenge to last beyond Sirte defeat

SIRTE, Libya (Reuters) - The grand ambitions scrawled on a wall near the Libyan city of Sirte's Mediterranean sea front look fanciful now: "Islamic State's naval port, the departure point for Rome, with God's permission."

World

Tunisian prisoners tell of life with Islamic State in Libya

TRIPOLI (Reuters) - When a U.S. air strike hit Sabratha in western Libya on Feb. 19, it reduced a building on the southern fringes of the city to rubble, killing dozens of militants and exposing a network of Islamic State cells operating just near the Tunisian border.

World

Call for government unity as Australian PM faces critical budget, election

SYDNEY (Reuters) - Australia's deputy leader called for government unity on Thursday as Prime Minister Malcolm Turnbull's polls plummet amid party divisions and ahead of a critical budget and looming election later this year.

World

Zambia sets 2016 election date, scraps power price hike

LUSAKA (Reuters) - Zambia's new constitution on Monday set Aug. 11 as the date for five-yearly presidential and parliamentary elections, previously set by the president, lining up another close vote after last year's neck-and-neck race.

Business News

World Bank expects 4.7% growth for Malaysia this year

KUALA LUMPUR: The World Bank expects Malaysia to record 4.7% growth this year and close to 4.2% in 2016 before gradually rising again in 2017, said its chief economist (East Asia and Pacific Region) Sudhir Shetty.

Nation

Name train station after yourself

PETALING JAYA: Eager to grow its non-fare revenue, Prasarana Malay­sia Bhd – operator of Klang Valley’s urban rail services – is offering a rare opportunity for companies to stamp their mark on its train stations.