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Business

Onion prices sting India's central bank

MUMBAI: The aroma of frying onions from the Britannia and Co restaurant might not penetrate the office of India’s central bank governor Raghuram Rajan a block away, but like the eatery’s customers, he can’t escape the soaring price of the pungent vegetable.

Community

Express bus companies face livelihood threat from Pontianak van sapu

KUCHING: Illegal taxis or locally known as van sapu from neighbouring Pontianak, West Kalimantan are giving express buses here a run for their money.

Community

NGOs to march against fuel hike

KUCHING: Several non-governmental organisations (NGOs) in the state are collaborating to organise a march against the recent fuel hike.

Community

Bus operators send memorandum to Najib for Budget 2014 consideration

KUCHING: The Pan Malaysian Bus Operators Association (PMBOA) has submitted a memorandum to Prime Minister Datuk Seri Najib Tun Razak to be considered for Budget 2014 with regard to express buses.

Business

Maybank Research downgrades Media Prima to Sell

Maybank KE Research is downgrading its rating of Media Prima to Sell from Hold, saying the recent fuel price hike and further subsidy rationalisations will likely have a negative impact on earnings outlook.

Business

Shares jump, yields and dollar fall as Fed stays the course

SYDNEY: Asian shares and currencies surged across the board on Thursday after the Federal Reserve stunned markets and decided not to taper its asset-buying programme now, sending global bond yields and the dollar into a tailspin.

Business

Fed surprises, sticks to stimulus as it cuts growth outlook

WASHINGTON: The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its massive monetary stimulus, saying it wanted to wait for more evidence of solid economic growth.

Nation

SPAD forces JB bus firms to lower prices

JOHOR BARU: Bus ticket prices which shot up by double over the weekend holiday have returned to normal following the intervention by enforcement personnel at the Larkin Terminal here.

Community

Authorities do spot-check Traders did not increase prices of goods following fuel hike

THE authorities conducted price spot-checks throughout Perak following the recent fuel price hike in an attempt to catch unscrupulous business owners on Sept 3.

Business

Malaysia may increase funding to NGOs, social enterprises

KUALA LUMPUR: There is a possibility that the Government may increase funding to non-government organisations (NGOs), associations, and social enterprises in the upcoming Budget 2014, said Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah.