Mon05012017

LAST_UPDATEMon, 01 May 2017 10am

AirAsia Strengthens Connectivity With Introduction Of Three New Routes

Pic: BernamaKUALA LUMPUR: AirAsia Bhd continues to strengthen its connectivity through secondary hubs with the introduction of three new routes, Langkawi-Shenzhen, Langkawi-Kuching and Johor Bahru-Kuala Terengganu.

Read more: AirAsia Strengthens Connectivity With Introduction Of Three New Routes

Don't Be Easily Duped By Investment Schemes Offering High Returns

KUALA LUMPUR: Second Finance Minister Datuk Johari Abdul Ghani has reminded members of the public not to be easily duped by investment schemes offering high returns, but instead to think of its implications to prevent them from becoming victims.

Read more: Don't Be Easily Duped By Investment Schemes Offering High Returns

Asian Stocks Tick Up, Euro Subdued As ECB Maintains Easing Bias

Pic: Reuters

SINGAPORE: Asian stocks inched higher on Friday and looked set to close a strong week on a positive note, while the euro slipped after the European Central Bank showed no signs of paring its stimulus program.

Read more: Asian Stocks Tick Up, Euro Subdued As ECB Maintains Easing Bias

Oil Prices Felled By Libyan Oil Restart And Weak Gasoline Demand

Pic: Reuters

NEW YORK: Crude prices were slightly lower after a volatile session yesterday, as the restart of two key Libyan oilfields and concerns about lacklustre gasoline demand fed concern over whether major oil producers can alleviate the glut of global inventories.

Read more: Oil Prices Felled By Libyan Oil Restart And Weak Gasoline Demand

Bank Islam Aims To Produce 50,000 MHC Bank Islam Visa Debit Card-I By Year-End

IPOH -- Bank Islam Malaysia Bhd aims to produce 50,000 Malaysian Hockey Confederation (MHC) Bank Islam Visa Debit Card-i for the national hockey fans by year-end, its Deputy Chief Executive Officer, Khairul Kamarudin said.

Read more: Bank Islam Aims To Produce 50,000 MHC Bank Islam Visa Debit Card-I By Year-End

AirAsia X Flying To Europe Soon

BANGKOK - AirAsia X will soon be flying to Europe using its Airbus A330 to tap into the growing demand to the region, after the launch of its Kuala Lumpur-Hawaii route on June 28.

Read more: AirAsia X Flying To Europe Soon

KTMB Mulls Closing Loss-Making Cargo Services

KUALA LUMPUR - Keretapi Tanah Melayu Bhd (KTMB) is considering to cease cargo services to certain companies which caused the company to lose tens of millions of ringgit in the last few years.

Read more: KTMB Mulls Closing Loss-Making Cargo Services

Alliance Bank Group Launches Alliance One Account

KUALA LUMPUR - Alliance Bank Malaysia Bhd and Alliance Islamic Bank Bhd have launched the Alliance One Account, the first loan consolidation service of its kind in Malaysia that uses a mortgage product.

Read more: Alliance Bank Group Launches Alliance One Account

Modi Launches Low-Cost Flying Scheme In India

PM Narendra Modi flagging off first UDAN flight.

NEW DELHI -- Indian Prime Minister Narendra Modi Thursday launched an ambitious scheme to help people fly cheaply to small towns across the country, China's Xinhua news agency reported.

Read more: Modi Launches Low-Cost Flying Scheme In India

Bank Of Japan Sounds Most Upbeat On Economy In Nine Years, Policy Unchanged

Pic: ReutersTOKYO: The Bank of Japan kept monetary policy unchanged on Thursday and offered its most optimistic assessment of the economy in nine years, signalling its confidence that a pick-up in overseas demand will help sustain an export-driven recovery.

Read more: Bank Of Japan Sounds Most Upbeat On Economy In Nine Years, Policy Unchanged