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Zivame Raises Rs. 250 Crores, Launches App
Zivame plans to use the funds to strengthen its merchandise offering, and increasing consumer touch points.
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Malaysians Too 'Stupid' to Run Airline, Says Former PM Mahathir Mohamad
Malaysians are too "stupid" to manage aviation, the country's former premier Mahathir Mohamad has reportedly said following news that a German is set to head the country's troubled national carrier from next year.
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Malaysia Airlines Steward Fired Over Alleged Sex Assault on Passenger
Malaysia Airlines has sacked a crew member without a hearing for allegedly sexually assaulting a passenger he was comforting for being scared of flying with the disaster-prone airline, a union body said on Thursday.
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State Fund to Pay 1.4 Billion Ringgit to Take Malaysia Airlines Private
Malaysian Airline System Bhd (MAS) said on Friday that state investor Khazanah Nasional will offer 27 sen for each share in the company it does not own, amounting to nearly 1.4 billion ringgit ($435 million) to take the troubled airline private.
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State Fund Plans to Take Malaysia Airlines Private for Restructuring: Sources
Malaysian state investor Khazanah Nasional Bhd plans to take Malaysian Airline System Bhd (MAS) private as the first step in a major restructuring of the loss-making airline following the disappearance of its Flight MH370, two people with direct knowledge of the matter said on Wednesday.
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State to Ready Malaysian Airlines Restructuring Within 6-12 Months
Malaysia will unwrap plans to restructure loss-making Malaysian Airlines within six to 12 months, a state investor said, as a slump in business since the disappearance of Flight MH370 leaves the carrier set to exhaust its cash reserves by mid-2015.
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Struggling, Malaysian Airline may need government bailout
Even before the loss of its Flight MH370, Malaysian Airline System (MAS) was bleeding cash, prompting talk that it may need another financial rescue from state investor Khazanah Nasional Bhd, its majority shareholder.
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Zivame Raises Rs. 250 Crores, Launches App
Zivame plans to use the funds to strengthen its merchandise offering, and increasing consumer touch points.
-
Malaysians Too 'Stupid' to Run Airline, Says Former PM Mahathir Mohamad
Malaysians are too "stupid" to manage aviation, the country's former premier Mahathir Mohamad has reportedly said following news that a German is set to head the country's troubled national carrier from next year.
-
Malaysia Airlines Steward Fired Over Alleged Sex Assault on Passenger
Malaysia Airlines has sacked a crew member without a hearing for allegedly sexually assaulting a passenger he was comforting for being scared of flying with the disaster-prone airline, a union body said on Thursday.
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State Fund to Pay 1.4 Billion Ringgit to Take Malaysia Airlines Private
Malaysian Airline System Bhd (MAS) said on Friday that state investor Khazanah Nasional will offer 27 sen for each share in the company it does not own, amounting to nearly 1.4 billion ringgit ($435 million) to take the troubled airline private.
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State Fund Plans to Take Malaysia Airlines Private for Restructuring: Sources
Malaysian state investor Khazanah Nasional Bhd plans to take Malaysian Airline System Bhd (MAS) private as the first step in a major restructuring of the loss-making airline following the disappearance of its Flight MH370, two people with direct knowledge of the matter said on Wednesday.
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State to Ready Malaysian Airlines Restructuring Within 6-12 Months
Malaysia will unwrap plans to restructure loss-making Malaysian Airlines within six to 12 months, a state investor said, as a slump in business since the disappearance of Flight MH370 leaves the carrier set to exhaust its cash reserves by mid-2015.
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Struggling, Malaysian Airline may need government bailout
Even before the loss of its Flight MH370, Malaysian Airline System (MAS) was bleeding cash, prompting talk that it may need another financial rescue from state investor Khazanah Nasional Bhd, its majority shareholder.
