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.
China does not allow our military transport planes to evacuate Malaysians, must use commercial flights
KUALA LUMPUR (Jan 31): Beijing has not given the greenlight for Malaysia to use military transport planes to evacuate our citizens stuck in Hubei province and Wuhan as a result of the novel coronavirus outbreak, Foreign Affairs Minister Saifuddin Abdullah (pictured) said, reported Malaysiakini.
Aviation faces risks from the coronavirus, says S&P Global Ratings
KUALA LUMPUR (Jan 30): Airlines face risks from the coronavirus outbreak similar to those that gripped the industry from another rapidly spreading illness in 2003, according to an S&P Global Ratings.
Coronavirus outbreak: Starbucks closes about 2,000 outlets in China
KUALA LUMPUR (Jan 29): Mega coffee shop chain Starbucks has announced it has closed about half of its almost 4,300 outlets in The People’s Republic of China, reported the BBC today.
Honda, Toyota recall 6m vehicles around the world over airbag issue
PETALING JAYA (Jan 22): Two different air bag glitches prompted Toyota and Honda to recall over 6 million vehicles around the world, Associated Press reported today.
British journalist in nasi lemak brouhaha eats the real deal, finds it delicious
KUALA LUMPUR (Jan 21): It all started when British journo Katie Morley complained/tweeted about a horrible Asian meal (which turned out to be nasi lemak) she had on board a British Airways.
Sarawak Report editor appeals against decision allowing Terengganu Sultanah not to testify in defamation suit
KUALA LUMPUR (Jan 20): Sarawak Report editor Claire Rewcastle-Brown has filed an appeal against the High Court decision last month to allow an application by Terengganu's Sultanah Nur Zahirah not to testify in her defamation suit against Rewcastle-Brown and the publisher on her book about 1Malaysia Development Bhd (1MDB).
