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Corporate News 14 Aug 2018 | 12:00 AM

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.

Property 03 Aug 2018 | 12:00 AM

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.

Corporate News 02 Aug 2018 | 12:00 AM

New airline set to join Vietnam’s congested skies

HANOI: Vietnam’s skies are about to get more crowded.

Property 28 Jul 2018 | 12:00 AM

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.

Corporate News 25 Jul 2018 | 6:25 AM

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.

Analyst Reports 25 Jul 2018 | 12:00 AM

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

Construction 17 Jul 2018 | 12:00 AM

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).

Business 05 Jul 2018 | 12:00 AM

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.

Corporate News 26 Jun 2018 | 6:13 AM

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).

Corporate News 25 Jun 2018 | 12:00 AM

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.