My Sinchew/ Business

MAS restructuring not complete without operations and business overhaul: PAC

The 12-point plan mapped by Khazanah Nasional Bhd for Malaysia Airlines (MAS) will not be complete if it does not involve the restructuring of the airline's operations and business.

Bursa to consolidate next week

Bursa Malaysia is expected to consolidate next week in the absence of lack local leads, smaller cap stocks breather, overextended broad market rally, concerns over sluggish growth in Europe and renewed Ukraine-Russia tension.

Good start in Khazanah's move to revamp MAS: analysts

Khazanah Nasional Bhd's move to revamp Malaysia Airlines (MAS) is a good start to turn around the national carrier to profitability, said analysts.

RM6bn investment in MAS not a bailout: Najib

Prime Minister Datuk Seri Najib Tun Razak said the RM6 billion to be injected into Malaysia Airlines (MAS) is not a bailout but an investment by Khazanah Nasional Bhd because it must be recovered.

Reduce unnecessary regulations in O&G sector to boost productivity

Malaysia Productivity Corporation (MPC) has voiced concern on the regulatory burdens encumbering the oil an gas (O&G) industry.

MAS Q2 pre-tax loss widens to RM302.62m

Malaysia Airlines' (MAS) pre-tax loss for the second quarter ended June 30, 2014 widened to RM302.62 million from RM165.89 million in the same quarter last year.

Genting posts lower Q2 pre-tax profit

Genting Malaysia Bhd reported a lower re-tax profit of RM318.733 million for the second quarter ended June 30, 2014, from a pre-tax profit of RM569.97 million in the same period last year.

MAS restructuring to be unveiled Friday

Khazanah Nasional Bhd will unveil tomorrow its plan for the wholesale overhaul of ailing Malaysia Airlines (MAS) which analysts have rightly billed as the 'Mother of Restructurings.'

Demand for high-end condominiums to weaken

Local demand for high-end condominiums is expected to weaken within the next 12 months, primarily in the Kuala Lumpur City Centre (KLCC) area, with more developers anticipated to tap foreign markets.

Bangkok tops Asia Pacific region in prime land prices

Prime residential land prices in Thailand's capital Bangkok grew faster than anywhere else in the Asia-Pacific region during the first half of 2014, Vietnam News Agency (VNA) reported, citing a report by the independent global property consultancy Knight Frank Asia-Pacific.