RSSCategory: News

Boeing boosts Southeast Asia order forecast on strong demand

Boeing boosts Southeast Asia order forecast on strong demand

SINGAPORE: Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. Boeing sees demand for 4,210 new airplanes worth US$650 billion in Southeast Asia over the next two decades, based on an estimate […]

September 22, 2017 | By | Reply More
AirAsia throws a 50 per cent off bonanza for flights to Indonesia

AirAsia throws a 50 per cent off bonanza for flights to Indonesia

SEPANG: AirAsia is offering an exclusive deal of up to 50 per cent* off flights to Indonesia at the Wonderful Indonesia AirAsia Travel Fair 2017. The fair will take place this weekend from 22 to 24 Sept at IOI City Mall, Putrajaya from 10am to 10pm. This follows the recent partnership announcement between the Ministry […]

September 22, 2017 | By | Reply More
Bitcoin is fiat money, too

Bitcoin is fiat money, too

FINANCIERS with PhDs like to remind each other to “read your Kindleberger”. The rare academic who could speak fluently to bureaucrats and normal people, Charles Kindleberger designed the Marshall Plan and wrote vast economic histories worthy of Tolstoy. “Read your Kindleberger” is just a coded way of saying “don’t forget this has all happened before”. […]

September 22, 2017 | By | Reply More
Malaysian ports remain efficient, says Liow

Malaysian ports remain efficient, says Liow

PUTRAJAYA: Malaysian ports are among the most efficient in the world with the capability to meet the requirements of shipping lines at very competitive charges, said Transport Minister Datuk Seri Liow Tiong Lai. The country’s competitiveness, particularly Port Klang, remains unaffected despite the move by Ocean Alliance, led by CMA CGM, to relocate their operations […]

September 22, 2017 | By | Reply More
Boeing sees growing demand for new airplanes in Southeast Asia

Boeing sees growing demand for new airplanes in Southeast Asia

KUALA LUMPUR: Boeing Co is projecting a demand for 4,210 new airplanes, valued at US$650 billion, over the next 20 years in Southeast Asia. The company presented its Southeast Asia Current Market Outlook (CMO) today during a briefing at Boeing’s regional headquarters in Singapore, it said in a statement today. Boeing said the annual report […]

September 22, 2017 | By | Reply More
China’s Baidu launches US$1.5 billion autonomous driving fund

China’s Baidu launches US$1.5 billion autonomous driving fund

Baidu in April decided to open its autonomous driving technology to third parties, a move it hopes will accelerate development and help it compete with US firms Tesla Inc and Google project Waymo. BEIJING: Chinese search engine Baidu Inc announced a 10 billion yuan (US$1.52 billion) autonomous driving fund on Thursday as part of a […]

September 22, 2017 | By | Reply More
Shortlisted Watches for Eve’s Watch Awards (Best High Jewellery)

Shortlisted Watches for Eve’s Watch Awards (Best High Jewellery)

For years, Eve’s Watch Awards have been rewarding the passion, investment and commitment that goes into producing extraordinary timepieces and the achievements of talented women that makes a difference in the world of horology. Undoubtedly, being shortlisted for this prestigious award is in itself an accomplishment. Those on the list have surely excelled in their […]

September 22, 2017 | By | Reply More
Oil meeting at OPEC as strategy bears fruit

Oil meeting at OPEC as strategy bears fruit

VIENNA: Oil-producing countries from inside and outside Organization of the Petroleum Exporting Countries (OPEC) meet in Vienna on Friday as signs grow that their landmark agreement to cap output may finally be boosting the price of crude. Twenty-four producers including Russia, Saudi Arabia and Riyadh’s partners in OPEC agreed in late 2016 to reduce output […]

September 22, 2017 | By | Reply More
Malaysian ports remain competitive

Malaysian ports remain competitive

PUTRAJAYA: Malaysian ports are among the most efficient in the world with the capability to meet the requirements of shipping lines at very competitive charges “Our competitiveness, particularly Port Klang, remains unaffected despite the move by Ocean Alliance, led by CMA CGM, to relocate their operations in the Port of Singapore”. “It is only a […]

September 22, 2017 | By | Reply More
Bloomberg: HPE plans 5,000 job cuts

Bloomberg: HPE plans 5,000 job cuts

The cuts are likely to affect workers in the United States and abroad, including managers, Bloomberg added. NEW YORK: Hewlett Packard Enterprise Co is planning to cut at least 5,000 workers as part of a broader effort to reduce costs amid mounting competition, Bloomberg reported on Thursday, citing people familiar with the matter. The reductions […]

September 21, 2017 | By | Reply More