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Business

AirAsia keen on the Gulf area

DOHA: AirAsia Group is in discussion with several parties to set up a low-cost carrier (LCC) in the Gulf Cooperation Council (GCC) areas, according to group chief executive officer Tan Sri Dr Tony Fernandes.

Business

DRB-Hicom: No plans yet on future of Proton

KUALA LUMPUR: There is still no official discussion between DRB-Hicom Bhd and Proton Holdings Bhd for the future plans of the latter, said DRB-Hicom group managing director Datuk Seri Mohd Khamil Jamil.

Business

Johor in RM80bil joint venture with Lim to build waterfront city

JOHOR BARU: Johor Baru’s coastline fronting Singapore is in for a major transformation that will have a gross development value (GDV) of some RM80bil and led by a joint venture between the Johor state and businessman Datuk Lim Kang Hoo(pic).

Other Sport

F1 team owners Genii interested in buying Lotus

JEREZ, Spain (Reuters) - Lotus Formula One team owners Genii Capital would be interested in buying the loss-making Lotus Group from Malaysian parent Proton, chairman Gerard Lopez said on Monday.

Business

UEM Land set to explore new growth markets

KUALA LUMPUR: Fresh from the consolidation of its operation after the purchase of Sunrise Bhd, the enlarged UEM Land Holdings Bhd now has a complete set of skills and expertise to scour for opportunities in new growth markets, both locally and overseas.

Business

PNB selling MNRB?

PETALING JAYA: Companies in the Permodalan Nasional Bhd (PNB) stable such as MNRB Holdings Bhd, Bonia Corp Bhd and Asia File Corp Bhd may be up for sale, industry observers say.

Business

Brunsfield joins IWH to develop Johor project

PETALING JAYA: The Brunsfield Group is the latest property developer to have inked a deal with Iskandar Waterfront Holdings Bhd (IWH) to develop a parcel of land close to the waterfront area in Johor Baru, industry sources said.

Business

MYCC to investigate if AirAsia-MAS share swap has made airfares go up

PETALING JAYA: The Malaysia Competition Commission (MYCC) wants AirAsia Bhd and Malaysia Airlines (MAS) to provide more information and documents regarding their share swap agreement to find out if it could potentially put air travellers at a disadvantage.

Other Sport

Genii interested in buying Lotus

JEREZ: Lotus Formula One team owners Genii Capital would be interested in buying the loss-making Lotus Group from Malaysian parent Proton, chairman Gerard Lopez said on Monday.       

Nation

IIB directors found irregularities, especially in the tender process

PETALING JAYA: The recent corruption charges against former Iskandar Investment Berhad (IIB) employees are a result of a police report lodged by the company itself.