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MAHB: Most airports in Malaysia not commercially viable
KUALA LUMPUR: More than 75% of airports in Malaysia are not commercially viable and are managed on a cross-subsidisation model to provide the Malaysian people with the required connectivity among its smaller towns and rural outposts.
Government and PKA looking to grow PKFZ revenue
SHAH ALAM: Both the government and Port Klang Authority (PKA) are looking to grow the revenue of Port Klang Free Zone (PKFZ) with aims to settle its debts early.
New airline set to join Vietnam’s congested skies
HANOI: Vietnam’s skies are about to get more crowded.
Property sector cautious amid ‘bubble’ talk, new housing policy
THE property market, which has been facing strong headwinds in the past couple of years, continues to be on high alert amid continued discussions of a possible “bubble” and the Government responding in kind to introduce a new national housing policy.
SST will not affect air fares, says Malaysia Airlines
PETALING JAYA: Malaysia Airlines Bhd (MAB) does not expect the impending sales and services tax (SST) to affect airfares if the implementation of the tax regime remains unchanged.
C&C 'hold', MAHB 'hold', Gamuda 'buy', Lafarge hold'
CYCLE & Carriage Bintang Bhd (CCB) reported a weak set of results recently. Affin Hwang Capital said CCB’s overall results were below its expectations due to the weaker than expected earnings before interest, tax, depreciation and amortization (ebitda) margin
Melaka Gateway project on track
KUALA LUMPUR: The RM43bil Melaka Gateway project is on track with its status report to be presented to the Transport Ministry and the Port Klang Authority, according to the concessionaire KAJ Development Sdn Bhd (KAJD).
CCCC upset over ECRL suspension
PETALING JAYA: The Government is pushing to renegotiate the agreement tied to the East Coast Rail Link (ECRL) project, and has suspended works on the multibillion ringgit project.
Eaglexpress, Suasa Airlines join AirAsia call to abolish Mavcom
KUALA LUMPUR: Two charter airlines, Eaglexpress Air Charter Sdn Bhd and Suasa Airlines Sdn Bhd, have joined AirAsia in urging the new government to abolish the Malaysian Aviation Commission (Mavcom).
Vietnam rejects Grab expansion request
Hanoi:Vietnam’s Transport Ministry has ordered GrabTaxi Vietnam Co Ltd to halt a planned expansion; the company will only be permitted to grow within the five localities in their pilot programme.
