News
Five EU nations urge tax on energy firms' windfall profits
1+ hour, 50+ min ago (262+ words) MADRID: Spain and four other European Union nations have called for a tax on windfall profits of energy companies in response to rising fuel prices due to the Middle East war, Spanish Economy Minister Carlos Cuerpo said Saturday. The request…...
Malaysia Airlines launches direct flights to Shenzhen, Changsha, Fukuoka
1+ day, 9+ hour ago (475+ words) The national carrier will begin daily flights to Shenzhen on July 1 and to Changsha on July 8, marking its eighth and ninth destinations in China. It will also resume service to Fukuoka on Sept 2 with five weekly flights, returning to the…...
Japan denies report government asked trading houses to join Russia visit in May
1+ day, 11+ hour ago (222+ words) TOKYO: The Japanese government on Friday denied a report by Kyodo news agency that it has asked the country's top trading houses to join a delegation which plans to visit Russia in May. Late on Thursday, citing sources, Kyodo said…...
Airlines, tourism strive to weather fuel crisis
2+ day, 13+ hour ago (142+ words) Airlines, tourism strive to weather fuel crisis'KLSE Screener Airlines, tourism strive to weather fuel crisis HANOI: The aviation and tourism sectors are under mounting pressure from surging fuel prices, prompting calls for flexibility, cost-cutting measures, policy support and ways to…...
Malaysia adds three international airlines linking Asia, Africa routes
4+ day, 2+ hour ago (216+ words) KUALA LUMPUR: Malaysia's aviation network has added three new international airlines, with AeroDili and Air Algerie commencing operations at Kuala Lumpur International Airport, and Qingdao Airlines launching services to Penang International Airport. Malaysia Airports Holdings Bhd said Timor-Leste's AeroDili began…...
European airlines likely beat 2% green jet fuel target
4+ day, 13+ hour ago (134+ words) European airlines likely beat 2% green jet fuel target'KLSE Screener European airlines likely beat 2% green jet fuel target COLOGNE (Germany): Europe's aviation sector hit " and may well have surpassed " a 2% mandate for green jet fuel use in 2025, a regulatory official and…...
Orkim to acquire Rich Sunda vessel for RM97 mil
5+ day, 1+ hour ago (273+ words) KUALA LUMPUR (March 30): Orkim Bhd's (KL:ORKIM) wholly owned subsidiary'Orkim Wisdom Sdn Bhd'has signed a memorandum of agreement with Wealth Sail Shipping Pte Ltd to acquire'Rich Sunda, an IMO type II tanker, for US$24.2 million (RM97.0 million).' In a filing with…...
Tune Protect's strategic push for travel safety
5+ day, 11+ hour ago (1029+ words) KUALA LUMPUR: Heading into 2026, Tune Protect Group Bhd is doubling down on its shift towards embedded, digital-first travel protection as it scales growth while maintaining underwriting discipline. The company's priorities for the year centre on strengthening domestic growth, expanding regionally…...
Genting Highlands vehicle fee seen as manageable, minimal impact on property, tourism
1+ week, 4+ day ago (472+ words) KUALA LUMPUR: A proposed one-time vehicle entry fee for Genting Highlands, set to take effect this year, is unlikely to dampen the property or tourism markets, industry experts say. They said that the overall impact will largely depend on pricing…...
Explainer: Why flights are getting costlier
1+ week, 4+ day ago (650+ words) KUALA LUMPUR: Jet fuel remains one of the most significant cost components for airlines, typically accounting for 20 to 25 per cent of total operating expenses. Prior to the recent geopolitical escalation in the Middle East, prices were relatively stable at around…...