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Business 15 Mar 2003 | 12:00 AM Premium

US airlines say Iraq war could cost 70,000 jobs

US airlines could slash 70,000 more jobs and annual losses would reach US$10.7 billion if there were a war against Iraq, the biggest domestic carriers said on Tuesday.

Business 02 Sep 2010 | 12:00 AM Premium

Spain halves deficit with painful austerity cuts

MADRID: Spain's deficit is down sharply thanks to an unpopular cocktail of tax hikes and austerity cuts - good news for a government fighting to ward off fears it might need a bailout like the one that saved Greece from bankruptcy.

Business 14 Jun 2012 | 12:00 AM Premium

Sukuk to shore up MAS capital base

MALAYSIA Airlines (MAS) announced that it had issued the entire first tranche of the junior sukuk amounting to RM1bil to Retirement Fund Inc (KWAP). According to media reports, MAS stated that it had received firm commitment from other parties to subscribe to the balance of RM1.5bil of junior sukuk.

Business 01 Oct 2012 | 12:00 AM Premium

Deputy Minister: Cash aid forms out this month

Application forms for the second round of the Bantuan Rakyat 1Malaysia (BR1M 2.0) cash aid are expected to be distributed this month, says Deputy Finance Minister Datuk Donald Lim Siang Chai.

Business 29 Dec 2012 | 12:00 AM Premium

BR1Mming with benefits?

WHEN the Government announced this year the list of recipients for the first Bantuan Rakyat 1Malaysia (BR1M) programme, many cheered throughout Malaysia.

Business 25 Feb 2013 | 12:00 AM Premium

Move to break poverty cycle

PETALING JAYA: Handouts cripple economies. The sooner corporations and individuals understand this the sooner we can break the cycle of poverty.

Economy 02 Jul 2016 | 12:00 AM Premium

Wage gap conundrum

There is always office gossip about how much so-and-so is getting in terms of salary and benefits, and the speculation on the amount gets ever higher if the target of the gossip is in senior management. It happens anywhere in the world.

Economy 20 Oct 2016 | 5:26 AM Premium

What to watch for in Budget 2017

Some of the things that could feature in the coming year's budget, according to analysts' research notes and local media reports.

Corporate News 10 Nov 2016 | 7:30 AM Premium

Malaysia’s economy to grow 4.5% in 2017, says UOB Malaysia

KUALA LUMPUR: Malaysia’s economy is expected to expand moderately in 2017, driven by domestic consumption, mega infrastructure projects and foreign direct investments (FDI), said UOB Malaysia Research & Investor Relations senior vice president Julia Goh.

Business 11 Nov 2016 | 12:00 AM Premium

Asia seen continuing to be centre of growth

Domestic demand expected to spur economic activities in region