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September 5, 2018 7:18 AM MATTA unveils prepaid travel card

GEORGE TOWN: The Malaysian Association of Tour and Travel Agents (MATTA) today announced a new product from its partnership with homegrown FinTech company ManagePay Systems Berhad (MPay) - an innovative travel card and loyalty solution. The "Jelajahi Negaraku Malaysia" card offers loyal MATTA customers perks such as attractive cashback deals and special 109

September 4, 2018 10:43 AM Perodua dealers, vendors welcome SST, say car prices reduced

PETALING JAYA: Perodua dealers and vendors have welcomed the introduction of the Sales and Service Tax (SST), saying its implementation has managed to reduce the prices of their vehicles. In a joint statement today, the Perodua Dealers Association (PDA) and the Perodua Vendors' Club (KVP) noted the new tax structure, which imposes a 10% tax on sales 39

September 4, 2018 7:17 AM Woman loses RM34,101 to foreigner she met on Facebook

KUANTAN: A 60-year-old woman paid a heavy price for befriending and trusting an acquaintance on Facebook after she was cheated off RM34,101 last month. Pahang Commercial Crime Investigation Department chief Supt Mohd Wazir Mohd Yusof said the victim said she wanted to help a man known as Ying Jimmy, who claimed to be an American, to start a business 43

September 3, 2018 5:36 AM AirAsia on track to sell remaining 30 aircraft, RM2.89b disposal proceeds received so far

PETALING JAYA: AirAsia Group Bhd said it is on track to complete the disposal of the remaining 30 aircraft and 14 aircraft engines under its plans to divest the aircraft leasing operations. It is the group's strategy to divest non-core assets and focus on its core airline operating business. The low-cost carrier told Bursa Malaysia that it had completed 9

September 3, 2018 5:19 AM Lotte Chemical's PP3 project commences operations

PETALING JAYA: Lotte Chemical Titan Holding Bhd's new polypropylene production plant (PP3 project) successfully commenced commercial operations on September 1. "The PP3 project began construction in March 2017 and its mechanical completion was achieved in June 2018," the petrochemical firm said in a filing with the stock exchange. The PP3 plant will produce 14

September 3, 2018 3:45 AM Media Prima shares up 7.32% after reporting profit in Q2

PETALING JAYA: Media Prima Bhd's share price up three sen or 7.32% this morning, after it returned to the black with a net profit of RM31.95 million for the second quarter of this year. This was on the back of its on-going business transformation initiatives to become Malaysia's leading digital-first content and commerce company. At 11.02am, the stock 10

August 31, 2018 3:56 AM Apple expected to unveil new iPhones at Sept 12 event

APPLE on Thursday sent out invitations to a Sept 12 event at which it is expected to unveil new additions to its money-making iPhone line-up. In typical enigmatic style, Apple offered scant clues to what it has in store for the presentation to take place in the Steve Jobs Theater at its spaceship campus in the Silicon Valley city of Cupertino 57

August 30, 2018 4:41 AM Old foe, cholera, returns to haunt Algeria

BOUFARIK, Algeria: Outside a hospital in Algeria, worried relatives arrive daily in a desperate bid to talk to those quarantined inside — the victims of the country's first cholera outbreak in more than 20 years. Cases began appearing in early Aug and two people have so far died, with scores hospitalised in Boufarik, about 20km south of Algiers 15

August 29, 2018 3:57 AM Puncak Niaga's share price falls 2.7% on narrowed losses

PETALING JAYA: Puncak Niaga Holdings Bhd’s share price fell as much as 2.75% or 1.5 sen to 53 sen at early trade after it narrowed its losses to RM4.3 million for the second quarter ended June 30, 2018 on a boost in construction contracts, sale of fresh fruit bunches (FFB) and its concession business. The group posted a net loss of RM30.4 million for the quarter 12

August 28, 2018 5:37 AM Some Sarawak hotels may absorb SST for 2018: MAH

MIRI: Some hotels in Sarawak may absorb until the end of this year the Sales and Service Tax (SST) to be reintroduced on Saturday, according to the Sarawak Chapter of the Malaysian Association of Hotels (MAH). MAH Sarawak Chapter honourary secretary-general John Teo Peng Yew said today the reintroduction of the SST would see the imposition of a six percent 9