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Brahim unit secures catering extension deal with Malaysia Airlines

PETALING JAYA: Brahim’s Airline Catering Sdn Bhd (BAC) has entered into an extension agreement (EA) with Malaysia Airlines (MAS) which extends its new catering agreement (NCA) cut off date to April 30.

Cloudy with a chance of money

It is not completely bleak economically this year, but Malaysians need to live within their means.

New global sukuk issuance up to US$120b in 2015: RAM Ratings

KUALA LUMPUR: RAM Rating Services expects new global sukuk issuance to remain fairly resilient in 2015 at around US$100bil to US$120bil when compared with 2014’s US$116.23bil.

1MDB’s cash crunch

The next nine years are crucial for fund, as its obligations are estimated at some RM40bil

ETP report’s effects yet to be felt

THE yearly report on the Economic Transformation Programme (ETP), with its various initiatives loaded with consultant-speak, is still a handful for some, especially when it comes to quickly summing up how much progress has been charted so far.

Gerik police: We did not arrest the three Orang Asli

GERIK: Gerik police have denied arresting three Orang Asli following a standoff with logging company workers over a blockade at Kampung Sungai Papan here.

Global forex market

The dollar erased its weekly gains, closing marginally lower by 0.02% to 96.8 after the US Federal Reserve’s Williams commented on the need for the central bank to “act quickly” as economic growth slows, fuelling market players to add bets on a 50-basis point (bps) cut in July’s FOMC meeting.

Time to look east for MAS

Comment by Pankaj C Kumar The airlines industry is one tough industry to be in. Whether in the US, Europe or Asia, governments have from time to time come to the rescue of their national carriers mainly due to catastrophic incidents like the Sept 11 terror strike, unsustainable business models or even simply due to a massive debt load.

Fitch affirms Malaysia rating at A minus with stable outlook

KUALA LUMPUR: Fitch Ratings has affirmed Malaysia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook.

Environment group Peka says informed police, DBKL of July 18 rally

PETALING JAYA: The organiser of the "Walk Towards a Better Environment" peaceful rally has informed the police and Kuala Lumpur City Hall of its march from Padang Merbok to Parliament on Thursday (July 18).