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Will Malaysia’s rating change?

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


Safe berth for the ‘kings’ of Westports

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


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.


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.


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."


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.


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.


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.


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.