Over RM5 billion paid to avoid toll hikes
KUALA LUMPUR, 16 Nov 2018: The total compensation paid out by the government to concessionaires of tolled highways from 1990 to 2017 is RM5.109 billion while the total toll collected …
CAP urges govt to double sugar price
GEORGE TOWN, 15 Nov 2018: In conjunction with World Diabetes Day, the Consumers Association of Penang (CAP) is proposing that the government raises the price of white sugar to RM5 per kg. …
Global oil price dive continues
NEW YORK, 14 Nov 2018: Oil’s slide accelerated yesterday – with US futures suffering their steepest one-day loss in more than three years, due to ongoing worries about weakening global …
BRT fares cut from Dec 1
SUNWAY, 13 Nov 2018: Folks commuting to the Sunway-Subang area can look forward to cheaper public transport from Dec 1 as fares for the BRT electric bus service will drop …
Airport departure levy still under study
SEPANG, 13 Nov 2018: The government is in the midst of studying the mechanism before the implementation of the departure levy on travellers leaving Malaysian airports – which will be …
Boost eyes multi-mode public transport payment ecosystem
KUALA LUMPUR, 12 Nov 2018: Digital wallet Boost has forged some key partnerships towards creating a single-app payment ecosystem for public transport services nationwide – covering bus, rail and taxi …
Alibaba Singles’ Day sales hit US$10 billion in first hour
SHANGHAI, 11 Nov 2018: Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan (US$9.92 billion) in the first hour of its annual Singles’ Day today, up roughly …
Pahang university generated RM3.6 million
KUANTAN, 11 Nov 2018: Universiti Malaysia Pahang (UMP) has generated RM3.6 million in revenue as of October this year by offering technical and consultation services to third parties, says its vice-chancellor …
AirAsia X may switch to Airbus narrowbody jets
SINGAPORE, 9 Nov 2018: AirAsia X Bhd, which has yet to firm up a tentative order for 34 Airbus A330neo widebody jets placed in July, is considering switching some of …
Oil prices down 20% in a month
SINGAPORE, 9 Nov 2018: Oil markets remained weak toady as rising supply and concerns of an economic slowdown pressured prices, with US crude now down by 20% since early October. …