Fri12152017

LAST_UPDATEFri, 15 Dec 2017 6pm

AirAsia Group CEO Fernandes Wins Major Business Leadership Award

Tan Sri Tony Fernandes.

KUALA LUMPUR -- AirAsia Founder/Group Chief Executive Officer (CEO), Tan Sri Tony Fernandes, will be honoured with the Asia House Asian Business Leaders Award for 2017 in recognition of his contributions to Asia’s economic landscape.

Read more: AirAsia Group CEO Fernandes Wins Major Business Leadership Award

More Norwegian Firms To Invest In Malaysia, Says Envoy

Gunn Jorid Roset.

KUALA LUMPUR -- The number of Norwegian companies in Malaysia is expected to increase in the next two to three years from the existing 50 as Malaysia is seen as an important market for the Scandinavian country, especially in oil and gas (O&G) sector. 

Read more: More Norwegian Firms To Invest In Malaysia, Says Envoy

SPAD To Organise Land Public Transport Symposium 2017 On Oct 23

KUALA LUMPUR: The upcoming Land Public Transport (LPT) Symposium 2017 on October 23, organised by Land Public Transport Commission (SPAD), will discuss the role of LPT in catalysing socio-economic growth and driving mobility to improve the quality of life for citizens.

Read more: SPAD To Organise Land Public Transport Symposium 2017 On Oct 23

Positive Growth: Malaysia Records RM1.16 Trillion Total Trade Between January And August

KEPALA BATAS: Malaysia recorded total trade of RM1.163 trillion for the first eight months of this year, an increase of 22.6 per cent compared to last year.

Read more: Positive Growth: Malaysia Records RM1.16 Trillion Total Trade Between January And August

Maybank Islamic Named The Best Global Islamic Financial Institution

KUALA LUMPUR: Maybank Islamic Bhd has emerged as the Best Global Islamic Financial Institution, its first ever, at the Global Finance Awards 2017.

Read more: Maybank Islamic Named The Best Global Islamic Financial Institution

Canadian Firm Could Dodge 300 Percent Tariff By Building Jets In Alabama

Canadian jet-maker Bombardier announced Monday that it is selling a controlling stake in its 100- to 150-seat C-series jetliner to European manufacturer Airbus, just weeks after the Commerce Department moved to impose 300 percent tariffs on the plane. The companies also said they will expand the plane’s production to a new facility in Mobile, Ala., a move that could help it avoid the import duty.

Read more: Canadian Firm Could Dodge 300 Percent Tariff By Building Jets In Alabama

Japan, Indonesia To Study Ship-Based Power Generation

Pic: Japan Times

JAKARTA — The Japanese and Indonesian governments will research a plan to provide power to Indonesian islands through ships that generate electricity using liquefied natural gas (LNG).

Read more: Japan, Indonesia To Study Ship-Based Power Generation

Facebook Buys Teen App Tbh

Pic: ReutersFacebook Inc has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users.

Read more: Facebook Buys Teen App Tbh

Oil Prices Firm As Iraq Tensions Escalate, Shares Extend Rally

Pic: Reuters

TOKYO: Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on optimism about upcoming earnings.

Read more: Oil Prices Firm As Iraq Tensions Escalate, Shares Extend Rally

China Offers To Buy 5 Percent Of Saudi Aramco Directly - Sources

Pic: ReutersDUBAI/LONDON: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stock market.

Read more: China Offers To Buy 5 Percent Of Saudi Aramco Directly - Sources