Archive of ‘Business’ category

CATCH 22, the latest seafood restaurant with a new twist!

Kota Kinabalu, 18 April 2013 – Think Tank Creations, the new food empire in town is back again with another creation, CATCH 22, a globally inspired seafood restaurant unlike any other in KK! After the success of other restaurants opened by them (Bomber’s Buger and Chiwawa Mexican Food), the team at Think Tank Creations decided [...]

LIMA Malaysia ketiga terbesar di dunia

BERNAMA – Pameran Antarabangsa Maritim dan Udara Langkawi (LIMA) 2013 kini diiktiraf sebagai pameran pertahanan yang ketiga terbesar di dunia, kata Menteri Pertahanan Datuk Seri Dr Ahmad Zahid Hamidi. Beliau berkata LIMA 2013 kini di tempat ketiga selepas Pertunjukan Udara Farnborough di United Kingdom dan Pertunjukan Udara Paris di Lapangan Terbang Le Bourget. Ahmad Zahid [...]

Air Asia denies gving out money and shopping vouchers

THE STAR – AirAsia clarified that it is not involved, directly or indirectly, with lottery programmes promising cash prizes or shopping vouchers. In a statement, the airline company said some guests have received emails inviting them to participate in lottery programmes or a1Malaysia shopping voucher programme, purportedly organised by AirAsia. The lottery programme came from [...]

Malindo Air plane arrives at KLIA

New low cost airline Malindo Air has finally had its airplane, the new Boeing 737-900ER grace the Kuala Lumpur International Airport (KLIA) today, signalling its preparedness to enter the Malaysian aviation scene as the latest low price offering carrier. A check on their website also revealed that the airline has improved its booking system with [...]

Air Asia expands to The Philippines through Zest Airways

AP – The Philippine unit of AirAsia has expanded its foothold in the country’s airline market by acquiring 49 percent of local budget carrier Zest Airways Inc. Philippines’ AirAsia Inc. CEO Marianne Hontiveros said Monday that the alliance will complement AirAsia’s growth strategies. Zest Air operates 11 aircraft on 10 domestic and 10 international routes. [...]

Malindo Air website goes live

Malindo Air website today went live displaying fares from Kuching-KLIA starting at RM38 per way with baggage and meals included. However, attempts to book the flights failed as no flights seem to be scheduled just yet. Malindo Air recently obtained the governments approval to operate and is expected to play the lucrative Kuching-KL-Kuching and KK-KL-KK [...]

Malaysia receives strong ratings from World Bank

THE STAR – Malaysia has received strong ratings from the World Bank in its Corporate Governance Report on Observance of Standards and Codes 2012 (ROSC). The country has also been recognised as a regional leader in corporate governance and has made substantial progress in improving the legal and regulatory framework in relation to corporate governance. [...]

Malindo Air is a go! Tix sale soon.

THE STAR – It’s all go for Malindo Air after it received the air operators licence from the Malaysian government to operate in the country. Sources said on Tuesday Malindo can now start selling tickets for its low fare operations. It will start flying at end-March. Malindo’s major shareholders are National Aerospace and Defence Industries [...]

Sarawakians invest in ASNB the 3rd most

NEW SARAWAK TRIBUNE – Sarawak is the third biggest market for Amanah Saham Nasional Berhad (ASNB) as investments by Sarawakians up to January 2013 amounting RM16.442 billion, contributed 10.1 percent to the total amount of RM162.870 billion for whole of Malaysia. This was revealed by ASNB President cum Chief Executive Officer (CEO) Tan Sri Dato [...]

EPF dividend at 6.15%

THE STAR – The Employees Provident Fund (EPF) declared a dividend rate of 6.15 percent for the financial year ended Dec 31, 2012. The dividend rate, an increase of 15 basis points over the 6 percent rate paid out in 2011, translates to a record breaking total of RM27.45bil being distributed to its members, an [...]