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Business

Jala proposes fuel-buying house

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.

Business

Addressing hot issue on jet fuel

JET fuel remained the hot topic of discussion at the many executive sessions held during the World Air Transport Summit in Paris recently. Many airline chief executives sought answers to the direction oil prices were heading.

Business

Sin Chew set to gain from merger

The combined entity of Sin Chew Media Corp Bhd and its merger partners could see its share price trade higher post-merger.

Business

Proton says time right for foreign alliance

Proton Holdings Bhd says the time is right for it to strike a strategic relationship with a foreign partner.

Business

Speeding up broadband

The biggest challenge for broadband is in the speed of building and satisfying users' demand.

Business

Jointly-owned submarine cable to reduce cost in the offing

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.

Business

KRS – an alliance of telco rivals

INDEED, it is rare when two dozen telcos come together for a common goal. Instead of pulling away in different directions, a competitive industry can also compel rivals within the same industry to forge alliances.

Business

Investment clubs thrive in rising property market

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.

Business

Budget 2014: Property measures timely

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.

Business

Property sector measures in Budget 2014 hailed

PETALING JAYA: Describing the proposals for the property sector as “apt, correct and measured”, property professionals said Budget 2014 will curb excessive speculation and help to solve affordability issues besetting the housing market.