Jasons Food Hall in Bangsar to shut down after 20 years
KUALA LUMPUR (Feb 11): Jasons Food Hall, an upscale supermarket owned and operated by Hong Kong's Dairy Farm International Ltd, is shutting down and moving out of Bangsar Shopping Centre (BSC).
PMO: Dr M never said bribery allegations against Airasia were 'offset' payments
KUALA LUMPUR (Feb 7): It is up to investigators to determine whether the alleged payout by Airbus SE to two AirAsia Group Bhd executives is a bribe or not, said the Prime Minister's Office (PMO) today.
AirAsia shares rise after Dr M's comments on Airbus deal
KUALA LUMPUR (Feb 6): AirAsia Group Bhd's share price rose as much as nine sen or 7.
Dr Mahathir on AirAsia-Airbus deal: Offset not bribery if it is for specific purpose
KUALA LUMPUR (Feb 6): Prime Minister Tun Dr Mahathir Mohamad said today the Malaysian government had always asked for offsets when it bought equipment at high prices and that it is not bribery if an offset in a business transaction is for a specific purpose.
We wouldn't harm the companies we spent our lives to build, say AirAsia's Fernandes and Kamaruddin
KUALA LUMPUR (Feb 4): AirAsia Group Bhd co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun have denied all allegations of wrongdoing or misconduct in relation with the Airbus SE corruption charges, which implicated two executives from the low-cost carrier.
Fernandes, Kamarudin relinquish executive roles in AirAsia amid corruption probe
KUALA LUMPUR (Feb 3): AirAsia Group Bhd said today that its co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun have relinquished their executive roles in the company effective today, amid a corruption probe by authorities on the company’s executives.
AirAsia and AirAsia X shares plunge, even after denying Airbus graft claims
KUALA LUMPUR (Feb 3): AirAsia Group Bhd (AAGB) and AirAsia X Bhd (AAX) shares fell as much as 11.
SC to review US$50m graft claims against executives at AirAsia, AirAsia X
KUALA LUMPUR (Feb 3): The Securities Commission Malaysia (SC) will review the bribery and corruption allegations against executives at low-cost carriers AirAsia Group Bhd and AirAsia X Bhd involving US$50 million (RM205 million) from a plane-maker.
Tourism-linked stocks hit hard by Wuhan virus
KUALA LUMPUR (Feb 3): To say Malaysia’s much anticipated Visit Malaysia Year 2020 (VMY2020) is not off to a good start is probably an understatement, what with the severe blow dealt to the tourism industry by the Wuhan virus, now a global health emergency that has caused the death of over 300 and infected over 14,000 worldwide since the start of the outbreak at end-December.
PLUS 18% reduction in toll rates begins at midnight
KUALA LUMPUR (Jan 31): Motorists plying highways managed by PLUS Malaysia Bhd will enjoy an 18% reduction in toll rates from midnight.
