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January 19, 2018 2:33 PM Amazon hikes price for its Prime service by 18pc

Existing monthly Prime and Prime Student members will pay the new price for renewals after February 18, Amazon said on its website. — AFP picLOS ANGELES, Jan 19 — Inc today raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to US$12.99 (RM50) from US$10.99, while maintaining the annual fee. The company 5

January 18, 2018 12:37 PM Malaysian palm oil output to rise 3% in 2018

KUALA LUMPUR: Palm oil production in Malaysia, the world’s No. 2 producer of the commodity, will rise by 3% in 2018, an industry body forecast today. The Malaysian Palm Oil Board (MPOB) expects production to climb to 20.5 million tonnes from 19.9 million tonnes in 2017, the group’s director-general, Datuk Ahmad Kushairi, said at an industry conference 8

January 18, 2018 11:20 AM Sunway theme parks records visitor growth in 2017

KUALA LUMPUR, Jan 18 — Sunway Group’s two theme parks recorded a growth in the number of visitors for 2017 despite the softening economy, signalling higher tourist spending. Sunway Malls and Theme Parks chief executive HC Chan said Sunway Lagoon and Lost World of Tambun theme parks recorded 1.6 million and 1.1 million visitors respectively 10

January 18, 2018 5:59 AM Parlo Tours completes RTO, lists on the ACE market

PETALING JAYA: Parlo Tours Sdn Bhd, travel management and services group in Malaysia, via a reverse takeover of Cybertowers Bhd has today joined the ACE Market of Bursa Malaysia Securities Berhad, under the name Parlo Bhd. The group's share price jumped 8.5 sen or 85% to trade at 18.5 sen as at 3.54pm today, with some 23.9 million shares changing hands 4

January 17, 2018 3:01 PM Kedah government pays Mohd Radzi’s medical bills in full

ALOR STAR, Jan 17 — The Kedah government announced that it had settled the medical costs of a staff of the Kedah State Assembly office, Mohd Radzi Abd Hadi, who was admitted to Dignity Health Hospital, in California, after suffering a cardiac arrest when visiting his family in Phoenix, Arizona, US, on Dec 9, 2017. Kedah Industry and Investment, Domestic 9

January 17, 2018 4:29 AM Socio-Economic Research Centre sees GDP growth moderating to 5.1% in 2018

KUALA LUMPUR: The Malaysian economy is expected to moderate to 5.1% this year due to the high base effect from 2017, said the Socio-Economic Research Centre. Its executive director Lee Heng Guie projected GDP to have grown 5.8%-6.0% in 2017. He also expects a 25-basis-point rate hike by the central bank next week. "Our baseline call is 25 basis points 9

January 15, 2018 8:27 AM 12,000 flee as lava oozes from Philippine volcano

Lava last flowed out of Mayon in 2014, forcing 63,000 people to flee from their homes. — Reuters picCAMALIG (Philippines), Jan 15 — Thousands fled from their homes as lava oozed out of a rumbling Philippine volcano today in what volcanologists described as a “quiet eruption”, warning it could lead to a hazardous explosion within days. Lava was slowly 11

January 15, 2018 8:22 AM Kedah MB receives courtesy call from Hungarian Ambassador

ALOR STAR: Kedah Mentri Besar Datuk Seri Ahmad Bashah Md Hanipah today received a courtesy call from Hungarian Ambassador to Malaysia, Attilla Kali at his office here. Attilla arrived at Wisma Darul Aman here, accompanied by the embassy's economic affairs office head, Dr Emilia Fabian. Also present was Kedah Industry and Investment, Domestic Trade, Cooperatives 8

January 15, 2018 7:20 AM Cold spell affects production of flowers, vegetables

KUALA LUMPUR: The recent cold weather has affected the production of flowers and vegetables. According to Cameron Highlands Flower Growers Association chairman Lee Peng Fo, the production of chrysanthemums has dropped to about 20%. He said one stalk of chrysanthemum cost about RM1.80 at present, adding that prices vary according to their respective grade 7

January 12, 2018 2:42 PM Berlusconi throws flat tax plan into election campaign

Italy's former prime minister Silvio Berlusconi attends a news conference in Rome in this November 25, 2013 file photo. — Reuters picMILAN, Jan 12 — A promise of a flat tax by former prime minister Silvio Berlusconi today sparked sharp reactions from opponents ahead of a general election and head-scratching among economists. Campaigning ahead of a general 10