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Business

4% cut for Pan Borneo Highway Sarawak cost, RM660mil saved

KUCHING: The overall development cost of the Pan Borneo Highway project on Sarawak’s side is expected to be cut by some RM660mil from RM16.49bil. This will bring down the project cost by about 4% to RM15.83bil.

Business

Malaysia Airlines offers up to 30% discount at Matta Fair

KUALA LUMPUR: Malaysia Airlines Bhd is offering discounts of up to 30 per cent for international and domestic travel in conjunction with the MATTA Fair Penang.

Business

Subur Tiasa net losses widen in fourth quarter

PETALING JAYA: Subur Tiasa Holdings Bhd ended its financial year 2018 (FY18) with a fourth consecutive quarter of net losses on the back of a slump in its topline.

Business

Building material cost index increases in August

KUALA LUMPUR: The Building Material Cost Index (BCI) (without steel bars) for all building categories in all regions for all building categories increased in August 2018 compared with July 2018.

Business

Ta Ann upbeat on future prospects of logging business

KUCHING: Ta Ann Holdings Bhd is upbeat about the future prospects of its logging business following the recent certification of one of its timber concession areas under the Malaysian Timber Certification Scheme (MTCS).

Business Premium

OCBC Al-Amin strives to keep pole position

OCBC Al-Amin Bank Bhd has in a span of 10 years moved up relatively fast compared with its peers in terms of profitability and asset size.

Business

Sarawak aims to replant additional 443,500ha of oil palm

SIBU: Sarawak, dubbed Malaysia’s last frontier growth area in oil palm cultivation, is targeting to replant an additional 443,500ha by 2030.

Business

Fernandes: Incentives given to all airlines, not just AirAsia

KUALA LUMPUR: AirAsia Group chief executive officer Tan Sri Tony Fernandes in his latest tweet acknowledged all the incentives provided by Malaysia Airports Holdings Bhd (MAHB) to nurture low-cost travel growth, but pointed out that they were given to all airlines and not just AirAsia.

Business

Incentives given to all airlines, not just AirAsia: Fernandes

KUALA LUMPUR: AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes in his latest tweet acknowledged all the incentives provided by Malaysia Airports Holdings Bhd (MAHB) to nurture low-cost travel growth, but pointed out that they were given to all airlines and not just AirAsia.

Business

Pan Borneo Highway construction over one-third completed

KUCHING: The Pan Borneo Highway project in Sarawak, which is now more than one-third into its construction period, is gaining momentum.