Wed09032014

LAST_UPDATETue, 02 Sep 2014 11pm

Maswings To Unveil New Business Plan

Pic: www.ranklogos.comKOTA KINABALU: MASwings Sdn Bhd, a subsidiary of Malaysia Airlines (MAS), plans to introduce a new business plan, including improving the quality of rural air services in Sabah and Sarawak next year.   

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MAS Shares Rise On Restructuring

Pic: www.themalaysiantimes.com.myKUALA LUMPUR: Shares of Malaysian Airline System (MAS) rose as much as 4% today after state fund Khazanah Nasional unveiled a restructuring plan that will cost RM6 billion and cut 30% of the airline’s workforce.

Read more: MAS Shares Rise On Restructuring

Fast-Food Staff To Strike On Thursday For Pay Hike

Pic: www.nydailynews.comCHICAGO: Fast-food workers in 150 US cities plan to protest this week in what could be the largest strike since the demonstrations began in late 2012.

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Samsung, Starbucks Shine In Hiring Female Staff

Pic: bloombergphotos.tumblr.comSEOUL: When former kindergarten teacher Kim Sun Sung tried to re-join South Korea’s workforce after five years raising her children, she found it tough. Then 41, Kim was either told she was too old or had been out of work too long.

Read more: Samsung, Starbucks Shine In Hiring Female Staff

Pepper Robot In Stores Next Year

The Pepper robot on display in Tokyo. Pic: AFP  TOKYO: Billionaire Masayoshi Son will start selling his humanoid robots named “Pepper” at Sprint Corp stores in the US by next summer, part of SoftBank Corp’s push to take the technology beyond factory floors.

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EPF Investment Income Up 13%

Pic: penangmonthly.comKUALA LUMPUR: The Employees Provident Fund (EPF) has recorded a 13.47% surge in investment income to RM10.4 billion for the second quarter ended June 31, 2014 compared with RM9.16 billion in the corresponding quarter last year.

Read more: EPF Investment Income Up 13%

Malaysia’s Financial System Remains Strong, Opportunities Abound For Foreign Investors

Pic: www.iproperty.com.sgKUALA LUMPUR: Investment opportunities abound for international fund managers in Malaysia and among public-listed companies in the country, given the strong growth fundamentals of the economy.

Read more: Malaysia’s Financial System Remains Strong, Opportunities Abound For Foreign Investors

Indonesia Wants More Foreign Investors In Manufacturing

File picture shows motorists commuting through Jakarta's business district on August 2, 2013. Pic: AFPJAKARTA: Indonesia’s investment authority wants to attract more foreign investment into manufacturing and other value-added industries to wean the economy off the volatile resources sector, its chairman said.

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Islamic Private Banking Here Soon

Pic: www.freemalaysiatoday.comKUALA LUMPUR: Bank Muamalat Malaysia Bhd expects to launch Islamic private banking within a year to cater to the growing demand for the service.

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Bukit Gambang Resort At Langkawi?

Photo: site.litourssb.comKUALA LUMPUR: Sentoria Group Bhd’s unit, Sentoria Langkawi Sdn Bhd, has sealed agreements with the Langkawi Development Authority (LADA) to lease 48ha of Malay reservation land for RM41.382 million.

Read more: Bukit Gambang Resort At Langkawi?