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Malaysia Airlines (MAS) managing director Idris Jala has urged the International Air Transport Association (IATA) to consider setting up a fuel-buying house for bulk buying of jet fuel. This could potentially lead to discounts that would help airlines reduce their huge fuel bills.
PETALING JAYA: A consortium is being set up to buy international bandwidth for Internet traffic in bulk in a bid to reduce Internet protocol (IP) transit cost.
AN author and property seminar speaker who declined to be named says property investment clubs thrive in a rising property market. They have been rather quiet this year compared to the flurry of activities the last two to three years because developer’s cost is going up, which results in prices going up too, but not as steeply as before.
PROPERTY consultants and analysts described the proposed new real property gains tax (RPGT) regime and the removal of the developers interest bearing scheme (DIBS) as both timely and much needed in view of the speculation in the property market of late.