Hong Kong probes bank deposits complainant links to Malaysia PM

Last Updated: Friday, September 11, 2015, 12:23

Hong Kong police are investigating bank deposits a complainant said were linked to Malaysian Prime Minister Najib Razak, police said on Friday, as a probe into a troubled Malaysian state investment fund widens.

Malaysian economy grows at slowest pace in nearly two years

Last Updated: Thursday, August 13, 2015, 13:00

Malaysia`s economy grew at its slowest pace in nearly two years in the second quarter, the government said Thursday, the latest negative sign for policy-makers faced with a plummeting currency and political turmoil.

Malaysia Airlines CEO says carrier "technically bankrupt", set to cut jobs, routes

Last Updated: Tuesday, June 2, 2015, 07:01

The newly appointed chief executive of loss-making Malaysia Airlines said on Monday the carrier is "technically bankrupt", underlining the case for a restructuring to cut a third of jobs, scrap some international routes and review its long-haul fleet.

Malaysia Airlines 'technically bankrupt', says new CEO

Last Updated: Monday, June 1, 2015, 13:58

Malaysia Airlines is "technically bankrupt", its new German CEO said on Monday as he outlined plans to stabilise the failing flag carrier including 6,000 job cuts.

Axe to swing as Malaysia Airlines tries to start fresh

Last Updated: Monday, June 1, 2015, 13:57

Mueller, in an email to staff last month, had warned that a major overhaul was necessary as the airline was weighed down by "uncompetitive cost levels" that he said were 20 percent higher than its rivals.

Is AirAsia making the best use of its 171 aircraft?

Last Updated: Wednesday, May 27, 2015, 17:07

AirAsia`s rapid network expansion and huge plane orders aimed at meeting what CEO Tony Fernandes once described as "amazing" demand are in the spotlight after the carrier fell into the red for the first time since 2008.

MAMPL exits DIAL, GMR airports acquires its 10% stake

Last Updated: Monday, May 25, 2015, 22:48

GMR Airports, a subsidiary of GMR infrastructure, has acquired 10 percent additional stake from Malaysia Airports (Mauritius) Private Limited for a consideration of USD 80 million, raising its stake to 64 percent in Delhi International Airport Limited.

Malaysia Airlines to lay off all staff, re-hire two-thirds

Last Updated: Monday, May 25, 2015, 22:09

Debt-ridden Malaysia Airlines (MAS) is likely to lay off its entire workforce of 20,000 to start afresh as as a smaller airline with a regional focus rather than international, a media report said Monday.

Apollo Tyres plans to set up sales unit in Malaysia

Last Updated: Sunday, May 17, 2015, 15:39

Malaysian market presents great potential for all categories of tyres, including for passenger cars, commercial vehicles and the agricultural sector.

Aegis opens development centre in Malaysia; expands workforce

Last Updated: Thursday, April 23, 2015, 15:56

Essar Group's BPO arm Aegis has opened a new development centre in Malaysia, as it enhances its focus on emerging markets in Asia-Pacific.

AirAsia X agrees to compensate passengers after Australia scheduling snafu

Last Updated: Tuesday, April 21, 2015, 07:37

Malaysian budget airline AirAsia X Bhd said on Tuesday it will compensate travellers inconvenienced by its decision to quit direct flights to the Australian city of Adelaide after authorities received a "significant number" of complaints.

GMR to buy additional 10 pc stake in Delhi airport for $79 mln

Last Updated: Wednesday, March 25, 2015, 17:38

Hiking its stake in Delhi International Airport to 64 percent, GMR Infrastructure will acquire an additional 10 percent equity for USD 79 million from Malaysia Airports Holdings Berhad (MAHB), which is exiting the venture.