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Celcom Axiata launches Xpax Turbo for prepaid customers

Celcom Axiata launches Xpax Turbo for prepaid customers

KUALA LUMPUR: Celcom Axiata Bhd has introduced its new Xpax Turbo that offers best deals for internet to its prepaid customers. The new package also comes with up to 10GB free internet Burung Hantu every month plus free Facebook and YouTube with internet plan subscription. Its chief marketing officer Zalman Aefendy Zainal Abidin said it […]

September 1, 2016 | By | Reply More
George Kent in discussions with SEA govts over railway projects

George Kent in discussions with SEA govts over railway projects

PUCHONG: George Kent (M) Bhd is currently in discussions with several Southeast Asian nations over the possibility of securing several, lucrative railway projects. If successful, this would mark the firm’s debut into overseas markets for its engineering division, which at 80 per cent contributes the lion’s share of the group’s revenue. “We had initially eyed […]

September 1, 2016 | By | Reply More
PMI records 47.4 in August

PMI records 47.4 in August

KUALA LUMPUR: The Nikkei Malaysia Manufacturing Purchasing Managers' Index recorded 47.4 in August from 48.1 in July, signalling a deterioration in operating conditions. © New Straits Times Press (M) Bhd

September 1, 2016 | By | Reply More
Touch 'n Go to invest RM60m in new operating system

Touch 'n Go to invest RM60m in new operating system

KUALA LUMPUR: CIMB Group Holdings Bhd’s associated company Touch ‘n Go Sdn Bhd is revamping its entire operating system with an investment of RM60 million. The move is to accommodate its new mobile payment technology for easier cashless payments in the retail and transport sectors. The investment is self-funded by Touch ‘n Go although CIMB […]

September 1, 2016 | By | Reply More
CIMB  trims  number of branches in Thailand

CIMB trims number of branches in Thailand

KUALA LUMPUR: CIMB Group Holdings Bhd is trimming the number of branches in Thailand as more customers embrace digital banking and the lender tries to cut costs. Some closures can also be expected in Indonesia, said CIMB Group chairman Datuk Seri Nazir Razak. The group owns a 97.9 per cent stake in PT Bank CIMB […]

September 1, 2016 | By | Reply More
MCMC explains spectrum fees

MCMC explains spectrum fees

KUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) issued a statement yesterday to explain the fees it is charging for telecommunication spectrums allocated to four companies. MCMC said the fees had been determined per block of 2×5 megahertz (MHz) in each band of 900MHz and 1800MHz. “The total cost of a 2x5MHz block in […]

September 1, 2016 | By | Reply More
Ringgit sharply lower against greenback in early trade

Ringgit sharply lower against greenback in early trade

KUALA LUMPUR: The ringgit opened sharply lower against the US dollar today ahead of the release of the US non-farm jobs data on Friday, a dealer said. © New Straits Times Press (M) Bhd

September 1, 2016 | By | Reply More
Apple case highlights huge untaxed profits of corporate giants

Apple case highlights huge untaxed profits of corporate giants

WASHINGTON: The huge back-tax bill European authorities slapped on Apple has put a spotlight on US$2.4 trillion in untaxed earnings parked offshore by US companies, a tempting target for governments seeking to strengthen their finances. While Washington lays claim to rights to tax the money, critics say it represents profits transferred out of other countries’ […]

September 1, 2016 | By | Reply More
SAJ planing RM900mil Capex for 4th operating period

SAJ planing RM900mil Capex for 4th operating period

JOHOR BARU: Exclusive water provider in Johor, SAJ Holdings Sdn Bhd, is planning to obtain an allocation of RM900 million in capital expenditure (Capex) from Pengurusan Aset Air Bhd (PAAB) for its fourth operating period (OP4) which would commence in January 2018. Chief Executive Officer Abdul Wahab Abdul Hamid said the amount was about the […]

August 31, 2016 | By | Reply More
RM5.1b spectrum bill for 3 telcos

RM5.1b spectrum bill for 3 telcos

KUALA LUMPUR: Axiata Group Bhd, Digi.Com Bhd and Maxis Bhd will have to fork out about RM5.1 billion for the new telecommunications spectrum allocated to them. The three telcos announced yesterday that they had received offer letters from the Malaysian Communications and Multimedia Commission (MCMC) with regards to the finalised spectrum fees for the 900MHz […]

August 31, 2016 | By | Reply More