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Economy 07 May 2014 | 10:23 AM

Battered Tiger Airways replaces CEO with SIA exec

SINGAPORE: Singapore's Tiger Airways Holdings Ltd said it would be replacing its CEO with an executive from its largest shareholder, Singapore Airlines Ltd, days after the budget carrier reported a big widening in its losses.

Business 09 Apr 2014 | 11:25 AM

Oil prices mixed in Asia trade wednesday on growing Ukraine fears

SINGAPORE: Oil prices were mixed in Asian trade Wednesday following big gains in European and US trade that were fuelled by renewed Russia-Ukraine tensions.

Business 15 Mar 2014 | 12:00 AM

Haze will affect tourism arrivals and retail sector

WILL the tragedy surrounding Malaysia Airlines flight MH370 affect tourism and retail? Retail specialists say no.

Business 12 Mar 2014 | 12:00 AM

Slower growth in Malaysia's retail sales seen

PETALING JAYA: Retail sales is expected to rise by only 4.8% for the first quarter of this year despite the Chinese New Year celebrations, according to the Malaysia Retail Industry Report. This compares with a 7.5% growth for the same period in 2013.

Business 18 Jan 2014 | 12:00 AM

Property's hazy outlook

Last weekend, about 1,600 participants attended a property seminar called Property Outlook Conference 2014 in Kuala Lumpur.

Economy 16 Jan 2014 | 12:00 AM

Malaysia's retail sector saw sluggish 3.1% Q3 sales growth

PETALING JAYA: Malaysia’s retail industry recorded a sluggish sales growth of 3.1% in the third quarter of last year compared with 4.8% in 2012, according to a report by Retail Group Malaysia (RGM).

Business 08 Nov 2013 | 12:52 PM

Coca-Cola sys to invest US$4bil in China

SHANGHAI: The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan ($69.12 billion) soft drinks market.

Business 28 Oct 2013 | 8:19 AM

Army of Chinese fast food firms challenge McDonald's, KFC and other foreigners in China

SHANGHAI: Bearing rice burgers and lotus roots, an army of Chinese fast food firms is cooking up a challenge to McDonald's Corp and Yum Brands Inc, tempting cost-conscious diners with healthy, homegrown fare and causing a drag on growth for the U.S. chains in the country's $174 billion fast food market.

Business 05 Oct 2013 | 12:00 AM

Too much retail space?

THERE are a few issues facing shopping mall space in the Klang Valley today. The first is the amount of space, the second is retail spending which has a direct effect on rental and yield.

Business 21 Sep 2013 | 12:00 AM

Falling yield not a worrying trend

RETAIL properties in the Klang Valley may be recording a falling yield but the numbers were not worrying, according to industry observers. However, the downtrend seems likely to stay.