Thu05052016

LAST_UPDATEThu, 05 May 2016 12am

Malaysia Airlines Partners Amadeus For New Passenger Service System

The transaction is expected to close by the end of Q2 2016.KUALA LUMPUR: Malaysia Airlines Bhd (MAS) has teamed up with global travel technology leader Amadeus for a new Passenger Service System (PSS).

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ASEAN Focuses On Removal On Non-Tariff Barriers In Four Sectors In 2016

Munir said the Malaysian corporate sector needed to acquaint itself with the four sectors and keep tabs on their progress to prepare for and take advantage of the non-tariff barriers removalKUALA LUMPUR: ASEAN focuses on the removal of non-tariff barriers in four sectors this year, ASEAN Business Advisory Council Malaysia Chairman Tan Sri Dr Munir Majid said.

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Subway Revenue Drops As It Closes Hundreds Of US Restaurants

Subway Restaurants revenue fell in 2015 for the second straight year, a sign it is losing ground to newer chains.Subway Restaurants revenue fell in 2015 for the second straight year, a sign one of the fast-food industry's stalwarts is losing ground to newer chains.

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Microsoft Acquires Italian Firm In IoT Push

SAN FRANCISCO: Microsoft on Tuesday announced it has bought an Italian firm specializing in connecting smart objects in the Internet of Things (IoT), continuing its push into cloud computing.

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Panama Papers Showed Vulnerability Of Whole System

WASHINGTON: The scandal triggered by the Panama Papers leak of information on how and where the world’s wealthy stash funds to avoid detection or taxes underscored many countries’ vulnerabilities, President Juan Carlos Varela said Tuesday.

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Obama Faces Looming Trade Row With China

WASHINGTON: US President Barack Obama is facing a fresh trade row with Beijing that could inflame the 2016 election race and complicate his farewell visit to China in September.

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Riding On The Dubai Property Roller Coaster

DUBAI: For more than 10 years Dubai property prices have been on a roller coaster, creating and wiping out fortunes, but recently they appear to have run out of steam.

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Indonesia Growth Slower Than Forecast In Blow To Widodo

JAKARTA: Indonesia’s growth rate was slower than forecast in the first quarter of 2016, official data showed Wednesday, in a blow to President Joko Widodo’s efforts to boost Southeast Asia’s top economy.

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Uber Partners With Alipay Beyond China

Chinese tourists can now hail and pay for Uber’s ride-sharing service with the yuan in any city where Uber’s operating.

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Govt Mulling Free Float Mechanism For Oil Price, Says Chua

KUALA LUMPUR: The government is mulling the possibility of replacing the managed float mechanism with a free float system to set petrol and diesel retail prices, said Deputy Finance Minister Datuk Chua Tee Yong.

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