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MH128 returns to Melbourne after passenger tied up with seat belts

KUALA LUMPUR/SYDNEY: A Malaysia Airlines flight from Melbourne to Kuala Lumpur returned to the Australian airport shortly after take off late on Wednesday after a passenger attempted to enter the cockpit, authorities said. Malaysia Airlines flight returns to Melbourne after passenger tries to enter cockpit.

Business

Will lower fares make Malaysia Airlines do better?

WHEN the crunch comes, listed companies in the United States are quick to issue profit warnings. This alerts investors that profit forecasts won’t be met. This guidance provides them the flexibility to either stay invested in a stock or dump it.

Business

KLIA records 20.3 million passengers in first five months

SEPANG: The Kuala Lumpur International Airport (KLIA) handled a record 20.3 million passengers in the first five months of this year, an increase of 12% compared with 18.2 million passengers recorded over the same period last year.

Business

China-Malaysia developers plan 5,000-acre man-made island off Johor

SEMENYIH: The property slowdown in China and Hong Kong is not a deterrent for China’s property developer Country Garden Holdings Co Ltd.

Business

EPF says it has not issued bonds for Malaysia Airlines

KUALA LUMPUR: The Employees Provident Fund (EPF) has clarified that it has never issued or subscribed for bonds to finance Malaysia Airlines (MAS) as reported by the media. “The EPF Act 1991 does not allow us to issue any bonds,” it said in a statement yesterday.

Business

MAS shares at record low on concern about future

PETALING JAYA: Shares of Malaysia Airlines (MAS) fell the most since 1998 amid bankruptcy concerns and that the Government may allow the flag carrier to fail.

Business

Tan Chong earnings expected to rebound in 2015

JF APEX Research has maintained its “buy” call on Tan Chong but lowered its target price to RM6.24 from RM6.77, with the expectation that the group’s earnings will rebound strongly in financial year 2015 (FY15) due to a strong pipeline of new models.

Business

MAS set for reboot?

AT a recent townhall meeting, the senior management team at Malaysia Airlines (MAS) was told of a plan to reset the airline.

Business

Tourism Minister says Malaysia Airlines will not get any more financial aid

PETALING JAYA: Troubled Malaysia Airlines (MAS) will not be given any more financial support by the Government, said Tourism and Culture Minister Datuk Seri Nazri Aziz.

Business

MH370: Cost pressures mount as search drags on

SYDNEY: With the search for missing Malaysia Airlines Flight MH370 entering a new, much longer phase, the countries involved must decide how much they are prepared to spend on the operation and what they stand to lose if they hold back.