News about air

KUALA LUMPUR (Feb 26): All conditions of the agreement between Berjaya Land Bhd and Icelandair Group concerning Berjaya Land's proposed acquisition of a 75% stake in Icelandair Hotels and related real estate across Iceland for US$55.

PETALING JAYA (Feb 25): A section of a luxury condominium project under construction in Mont’Kiara, Kuala Lumpur gave way yesterday afternoon.

KUALA LUMPUR (Feb 22): With the revised Guidelines on Foreign Participation in the Distributive Trade Services 2020 kicking in on Jan 1, the rules have now “been relaxed” for foreign operators of large-format grocery stores.

KUALA LUMPUR (Feb 20): The Malaysian authorities did examine the possibility of a criminal plot behind the disappearance of the Malaysia Airlines Flight MH370, said the then prime minister Datuk Seri Najib Razak, but did not make the suspicions public as the plane’s recorders had not been found.

PETALING JAYA (Feb 13): The government should explain how the double-digit spike in raw building materials has come about if cement prices have not risen, MCA president Datuk Seri Dr Wee Ka Siong says.

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).

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.

KUALA LUMPUR (Feb 6): AirAsia Group Bhd's share price rose as much as nine sen or 7.

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.

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.