Knusford names Heng Hock Lai as new CEO
KUALA LUMPUR (Feb 4): Knusford Bhd has appointed Heng Hock Lai as its new chief executive officer, effective yesterday.
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.
Feb 19 fixed for next case management of RM680m 1MDB-linked forfeiture case
KUALA LUMPUR (Feb 3): The High Court fixed Feb 19 for further case management of the government's application to forfeit RM680 million worth of valuables allegedly linked to 1Malaysia Development Bhd (1MDB) that were seized from premises belonging to OBYU Holdings Sdn Bhd.
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.
Report: Novel coronavirus could be transmitted through digestive system
KUALA LUMPUR (Feb 3): Based on the latest findings, experts in China have stated that novel coronavirus (2019-nCoV) "could be transmitted through the digestive system", Xinhua reported today.
China is one of Malaysia's largest tourist source countries
KUALA LUMPUR (Feb 3): China has been Malaysia’s third biggest tourist source country after Singapore and Indonesia since 2012, displacing Thailand from the top three.
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.
Malaysia to be hit harder by Wuhan virus than SARS if outbreak lasts as long: Credit Suisse
KUALA LUMPUR (Jan 31): Malaysia's economy could be hit harder by the Wuhan virus outbreak compared with the SARS outbreak in 2003, should concerns about the latest coronavirus infection persist as long as it did during the SARS episode, said Credit Suisse.
China consul calls for East Malaysia travel ban to be lifted
PUTRAJAYA (Jan 31): China’s ambassador to Malaysia Bai Tian has called on Sabah and Sarawak to review the decision to ban all flights from his country, the centre of the novel coronavirus epidemic.
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.
