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July 17, 2018 3:10 PM AirAsia is world's best low-cost airline for 10th straight year

SEPANG: AirAsia has been named the World's Best Low-Cost Airline for the 10th year in a row. The airline in a statement said it won the accolade at the 2018 Skytrax World Airline Awards held today at The Langham, London. "AirAsia Co-founder, AirAsia Group Bhd Executive Chairman, and AirAsia X Bhd Group Chief Executive Officer (CEO) Datuk Kamarudin Meranun 5

July 17, 2018 1:28 PM Mohamed Hatta strengthens DBP, agenda to uphold Bahasa Melayu

KUALA LUMPUR: The appointment of Prof Dr Mohamed Hatta Shaharom as chairman of the Dewan Bahasa dan Pustaka (DBP) Board of Governors will boost the core functions of the agency in upholding the status of Bahasa Melayu as the national language. DBP director-general Datuk Abdul Adzis Abas said the agency was confident that Mohamed Hatta's appointment will assist 3

July 17, 2018 1:27 PM Malaysia sukuk issuance rises to US$19.4b in first-half 2018

PETALING JAYA: Malaysia’s sukuk issuance increased to US$19.4 billion (RM78 billion) as at end-June 2018 from US$18.6 billion in the same period a year ago, accounting for a healthy 38.7% share of global sukuk issuance, according to RAM Ratings. Based on the growth trends in sukuk issues from Malaysia, Indonesia, Bahrain, Kuwait and the United Arab Emirates 5

July 12, 2018 5:03 AM Standard Chartered bullish on Malaysian equities

KUALA LUMPUR: Standard Chartered, whose investment strategy is to stay bullish and diversified, is positive on Malaysian equities as it favours global equities. Its head investment strategist Manpreet Gill said it is unusual for Malaysian equities not to do well, given that global equities typically outperform in the late stages of an economic cycle 9

July 10, 2018 12:43 PM Selangor identifies Port Klang as ideal location for next DFTZ

SHAH ALAM: The Selangor state government has identified Port Klang as an ideal location for the next Digital Free Trade Zone (DFTZ), which could improve the ranking of the second largest container port in Asean, said State senior executive councillor Datuk Teng Chang Kim. Teng said the DFTZ would boost Port Klang’s ranking to become the 10th largest 4

July 6, 2018 6:50 AM MISC secures RM1.78b long-term FSO charter contract

PETALING JAYA: MISC Bhd has signed a long-term charter contract with Hess Exploration and Production Malaysia B.V. for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis, for a contract value of US$441 million (RM1.78 billion). "The contract is pursuant to a sale and charter agreement in respect 13

July 5, 2018 6:43 AM Matrade encourages SMEs to be part of its initiatives

KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) is encouraging small and medium enterprises (SMEs) to participate aggressively in the various initiatives undertaken by the trade promotion agency in order to boost their business. Deputy Chief Executive Officer Sharimahton Mat Saleh said financial assistance offered under the Market 12

July 2, 2018 9:38 AM Saifuddin Abdullah experienced in governance

KUALA LUMPUR: Datuk Saifuddin Abdullah who was today appointed as Foreign Minister in the Pakatan Harapan government is no stranger to governance. He once held the post of deputy minister during the era of Tun Abdullah Ahmad Badawi and Datuk Seri Najib Abdul Razak. Under Abdullah, he was the Deputy Minister of Entrepreneur and Cooperative Development 5

June 29, 2018 9:03 AM Taiwan keen on encouraging more Muslim tourists from Malaysia

Taipei Economic and Cultural Office in Malaysia representative James Chang Chi-ping said presently there are 150 restaurants and hotels that are certified by the Malaysian Islamic Development Department (Jakim) in Taiwan. Chang said this year marked MEET Taiwan's fifth consecutive year in the country aimed at further developing bilateral relations between 11

June 29, 2018 7:43 AM AirAsia signs up as Official Airline Partner for Asean WESG

KUALA LUMPUR: Malaysian low-cost airline, AirAsia has come on board as the Official Airline Partner for the World Electronic Sports Games (WESG) in Asean countries. The WESG is an international esports championship organised by Alisports, the sports branch of Alibaba Group. According to AirAsia in a statement today, the sponsorship deal with Agri Mind Sdn Bhd, which 4