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Corporate News 08 Oct 2014 | 12:00 AM

Year-end holidays, festive season to boost airlines' Q4 ticket sale

PETALING JAYA: The fourth quarter, which is traditionally the strongest quarter for airlines, is expected to bring positive news to carriers after the relatively rough patch in the first half of this year.

Economy 30 Sep 2014 | 12:00 AM

Malaysians likely to spend ahead of goods and services tax in April next year

PETALING JAYA: Sales are expected to pick up in the local retail sector in the final quarter of the year, partially driven by a boost in spending by consumers looking to avoid the Goods and Services Tax (GST).

Corporate News 23 Sep 2014 | 12:00 AM

Foreigners sell M'sian shares, RM636mil flows out

PETALING JAYA: Net foreign selling in Malaysian equities intensified in the week ended Sept 19, with the market registering its biggest outflow since March this year, amid concerns over the timing of US interest rate normalisation and Bank Negara’s decision to maintain the country’s overnight policy rate (OPR).

Corporate News 12 Sep 2014 | 12:00 AM

Drop in passenger movement at KLIA and KLIA2

SEPANG: KL International Airport (KLIA) and KLIA2, managed by Malaysia Airports Holdings Bhd (MAHB), recorded a 6.1% drop in passenger movement to 4.02 million in August over 4.28 million in the corresponding period of 2013.

Corporate News 11 Sep 2014 | 6:16 PM

Malaysia Airports records fall in passenger movements in August

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) reported 6.9 million passenger movements in August for all airports, down 5.2% from a higher base a year ago with the KLIA’s China sector continuing to see a double-digit fall of about 20%.

Advertising & Media 23 Aug 2014 | 12:00 AM

Cash registers didn’t ring as loud during Raya and CNY sales this year

Festive seasons are a key time for shoppers and retailers, but the response to Hari Raya and Chinese New Year sales this year has been underwhelming compared with previous years.

Retail 16 Aug 2014 | 12:00 AM

Stable rental rates for malls

RENTAL rates at shopping complexes within the Klang Valley are expected to remain stable for the remainder of 2014, as the market is anticipated to see healthy growth in retail space this year.

Business 09 Aug 2014 | 12:00 AM

I-Bhd reports big jump in Q2 profit

PETALING JAYA: I-Bhd, the master developer of the 29.1-ha i-City, reported a 185% jump in net profit for the second quarter ended June 30, 2014, thanks mainly to property development.

Economy 31 Jul 2014 | 12:00 AM

Mild third-quarter Raya boost seen for retail sector

PETALING JAYA: The local retail sector should receive a mild sales boost in the third quarter of the year due to Hari Raya, according to Malaysian Association for Shopping and Highrise Complex Management past-president Richard Chan.

Business 14 Jun 2014 | 12:00 AM

No more toll hikes?

IT’S the end of the school holidays and PLUS Malaysia Bhd expects heavy traffic on its highways this weekend.