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LAST_UPDATEWed, 20 Jun 2018 10pm

Analysts Optimistic On AirAsia's Digital Reinvention

KUALA LUMPUR: Analysts have raised their optimism on the low-cost carrier AirAsia Bhd’s prospect with the continuous efforts to offer new digital offerings.

Read more: Analysts Optimistic On AirAsia's Digital Reinvention

Trade With Countries Boycotting Palm Oil To Be Reviewed

Pic: NST

BAGAN DATUK: The government will review its trade with the European Union (EU) that has proposed to remove palm oil from its biofuels mix after 2020, said Datuk Seri Dr Ahmah Zahid Hamidi.

Read more: Trade With Countries Boycotting Palm Oil To Be Reviewed

U.S. To Make Streaming Services Pay More For Music

Pic: ReutersU.S. copyright authorities on Saturday decided to increase over the next five years the royalty payments music streaming companies like Spotify and Apple Inc must make to songwriters and music publishers, a trade association for music publishers said.

Read more: U.S. To Make Streaming Services Pay More For Music

Saudi Corruption Purge Winds Down But Scars Will Linger

Pic: ReutersDUBAI: Saudi Arabia’s stock market celebrated the release of some of the kingdom’s top businessmen from detention on Sunday but the after-effects of a purge of the business elite may last for years, deterring private investment.

Read more: Saudi Corruption Purge Winds Down But Scars Will Linger

Qatar To Agree To New Financial Disclosures For State Owned-Airline: U.S. Officials

WASHINGTON - Qatar is expected to agree on Tuesday to release detailed financial information about its state-owned Qatar Airways, U.S. State Department officials said late on Sunday, a move that follows pressure from U.S. airlines for it to disclose any potential subsidies it has received.

Read more: Qatar To Agree To New Financial Disclosures For State Owned-Airline: U.S. Officials

Maybank Revises Base Rate Upwards To 3.25 Pct From Today

KUALA LUMPUR: Maybank will be revising upwards its base rate (BR) to 3.25 per cent per annum from three per cent per annum and base lending rate to 6.90 per cent per annum from 6.65 per cent per annum effective today.

Read more: Maybank Revises Base Rate Upwards To 3.25 Pct From Today

Hacked Tokyo Cryptocurrency Exchange To Repay Owners $425 Million

Pic: ReutersTOKYO: Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of the biggest-ever thefts of digital money.

Read more: Hacked Tokyo Cryptocurrency Exchange To Repay Owners $425 Million

IKEA Founder Ingvar Kamprad Dead At 91

Pic: ReutersSTOCKHOLM: Billionaire IKEA founder Ingvar Kamprad has died aged 91, the Swedish company said on Sunday, with the furniture empire he launched more than half a century ago familiar around the globe.

Read more: IKEA Founder Ingvar Kamprad Dead At 91

Bagan Datuk To Have Truck & Lorry Assembly Plant

Pic: BernamaBAGAN DATUK: A plant to assemble trucks and lorries will be developed here, as among the efforts to provide jobs to local residents especially the youth community, said Datuk Seri Dr Ahmad Zahid Hamidi.

Read more: Bagan Datuk To Have Truck & Lorry Assembly Plant

Carnival Records Potential Sales Of RM9.07 Mln

Datuk Seri Mustapa Mohamed

SUNGAI PETANI – The Northern Region's Carnival Jom Niaga has succeed in recording potential sales of RM9.07 million during the business-matching sessions between entrepreneurs of small and medium enterprises (SMEs) with large companies and hypermarkets.

Read more: Carnival Records Potential Sales Of RM9.07 Mln