The Malaysian Pulse
Beat of the Nation
Sun, 15 Sep 2019, 9:44 PM
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Topic: MAS

Malaysiakini:
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Yoursay: Companies race to make money, not make money for a race
YOURSAY | ‘None of Umno folks protested when two Caucasians, in a row, were made the CEOs of MAS.’ Yoursay: FT Umno Youth raises Malay concerns on rumoured GLC CEO Vijay47: Just a few days ago, Pr...
Malaysiakini:
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Malaysian pair grab second title at Taiwan Open
Malaysian men’s professional doubles pair Goh V Shem-Tan Wee Kiong beat South Korea’s Choi Solgyu-Seo Seung Jae at the Taiwan Open badminton tournament today to claim their second title of the sea...
The Star:
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Singapore GDP growth forecast slashed sharply
SINGAPORE: Economists have sharply cut their forecasts for Singapore’s economic growth in 2019, citing trade tensions and a slowing China as the top risks to the...
Malaysiakini:
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Unlawful for MAS to sack employee for union activities, court rules
In a landmark decision, the Kuala Lumpur High Court ruled today that Malaysia Airlines' dismissal of an employee for participating in union activities is unlawful.
Star TV:
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High Court: Unlawful to dismiss trade union leader for highlighting workers' plight
The Kuala Lumpur High Court on Wednesday held that it was unlawful for Malaysia Airline System Bhd (MAS) to dismiss a trade union leader for issuing a press statement to highlight the plight of worker...
Free Malaysia Today:
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Landmark High Court decision against Malaysia Airlines empowers union leaders
KUALA LUMPUR: The High Court here has ruled that it is unlawful for Malaysia Airline System Bhd (MAS) to dismiss a trade union leader for issuing a press statement to highlight the plight of workers a...
Lowyat.NET:
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CIMB Experiencing Issues With Card Payment System; Customers Advised To Use Other Payment Methods
Less than two weeks after its online banking service woes, CIMB has found itself stuck in the mud once again.
The Star:
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Economists slash 2019 Singapore GDP growth forecast
SINGAPORE: Economists have sharply cut their forecasts for Singapore's economic growth in 2019, citing trade tensions and a slowing China as the top risks to the...
Malaysiakini:
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Matta expects departure levy to have no impact on sales
The Malaysian Association of Tour and Travel Agents (Matta) expects the recently-imposed departure levy to have no impact on sales during its upcoming Matta Fair September 2019, said CEO Phua Tai Neng...
Malay Mail:
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Why digital banking is now a buzzword in Singapore's financial services sector
SINGAPORE, Sept 2 — The banking industry in Singapore is in for a shake-up as the Monetary Authority of Singapore (MAS) recently kicked off the application process for digital bank licences.
Tech in Asia:
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Your tech company needs a lobbyist-in-chief
Recently, the Monetary Authority of Singapore (MAS) – the country’s central bank – unveiled its criteria for companies applying to get a digital banking license.
Free Malaysia Today:
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Mahathir floats possible MAS sale again
KUALA LUMPUR: The prime minister, Dr Mahathir Mohamad, has again raised the possibility of the national carrier, Malaysia Airlines, going into private hands instead of being government-owned.
Tech in Asia:
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Your tech company needs a lobbyist-in-chief
Recently, the Monetary Authority of Singapore (MAS) – the country’s central bank – unveiled its criteria for companies applying to get a digital banking license.
The Star:
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Singapore expects new digital banks to start by mid-2021
Singapore plans to award licenses for its new digital banking initiative by mid-2020.
The Star:
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Singapore sets guidelines for digital banks, move could shake up lending
SINGAPORE: Singapore’s central bank has kicked off the application process for up to five new digital bank licences and issued detailed guidelines for potential contenders.
The Star:
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Singapore kicks off digital banks application process, unveils rules
SINGAPORE: Singapore's central bank kicked off on Thursday the application process for up to five new digital bank licences and issued detailed guidelines for potential...
EdgeProp.my:
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Najah Air said to have pulled out of race for Malaysia Airlines
KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war f...
The Edge Markets:
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Najah Air said to have pulled out of race for Malaysia Airlines
KUALA LUMPUR: Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for strugg...
theSun:
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Smooth check-in at KLIA after three-day disruption
SEPANG: Passengers at the Kuala Lumpur International Airport (KLIA) were seen checking in without much hassle today after a systems disruption since Wednesday night caused flight delays.
Free Malaysia Today:
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Smooth check-ins at KLIA after 3-day disruption
SEPANG: Passengers at the Kuala Lumpur International Airport (KLIA) were seen checking in without much hassle today after a disruption in systems since Wednesday night caused flight delays.
Malay Mail:
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Smooth check-in at KLIA after three-day disruption
SEPANG, Aug 24 — Passengers at the Kuala Lumpur International Airport (KLIA) were seen checking in without much hassle today after a systems disruption since Wednesday night caused flight delays.
The Star:
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Singapore cuts 2019 core inflation forecast as prices hit three-year low
SINGAPORE: Singapore's core inflation eased to its slowest pace in more than three years in July, data showed on Friday, prompting authorities to downgrade their full-year forecast amid firming bets f...
The Star:
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OCBC in talks with Singtel about virtual bank licence
SINGAPORE: Oversea-Chinese Banking Corp (OCBC) is in talks with companies including Singapore Telecommunications Ltd (Singtel) about seeking one of the city-state’s planned virtual bank licences, according to sources.
theSun:
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Govt estimates 45,000 housing units for Kg Baru re-development: Khalid
KUALA LUMPUR: The government is expecting 45,000 housing units after the Kampung Baru re-development project here is implemented, said Federal Territories Minister Khalid Abdul Samad (pix).
Malay Mail:
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Singapore’s MAS warns of bitcoin scam using fake comments attributed to PM Lee
SINGAPORE, Aug 16 — The Monetary Authority of Singapore (MAS) warned the public today of a new website soliciting bitcoin investments by using fabricated comments attributed to Prime Minister Lee Hs...
The Star:
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Singapore steps up scrutiny of shell firms
SINGAPORE: Singapore’s central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said.
The Star:
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Singapore steps up scrutiny of shell firms to combat money laundering
SINGAPORE: Singapore's central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said.
The Edge Markets:
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Malaysia Airlines joins peers in seeking JVs
MALAYSIA Airlines Bhd has set its sights on joint ventures (JVs) as a way forward to improve its financial situation, says an industry source close to the matter, as it grapples with overcapacity, hig...
Free Malaysia Today:
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AirAsia needs to buck up
I am sharing my recent experience at Penang Airport as a concerned citizen who strongly urges AirAsia to improve their services there.
Malaysiakini:
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MAS needs new brains
LETTER | It is not easy to put MAS back on track like when it was operated as MSA together with Singapore Airlines in a joint-venture in the early 60s.
The Borneo Post:
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Singapore will continue to work closely with Malaysia on 1MDB investigations
Heng speaks to Malaysian journalists in a dialogue as part of the 14th Malaysian Journalists Visit Programme.
The Borneo Post:
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Ultimate aim to revitalise MAS, not who does it — Munir Majid
KUALA LUMPUR: Having a foreign strategic partner revitalises Malaysia Airlines Bhd (MAS) should not be made into an issue as long as the turnaround plan could fly the national carrier higher, said Tan...
The Edge Markets:
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Ultimate aim to revitalise MAS, not who does it, says Munir Majid
KUALA LUMPUR (July 26): Having a foreign strategic partner revitalise Malaysia Airlines Bhd (MAS) should not be turned into an issue as long as the turnaround plan can fly the national carrier higher,...
Malay Mail:
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Regardless of who does it, ultimate aim must be to revitalise Malaysia Airlines, says ex-chairman
KUALA LUMPUR, July 26 — Having a foreign strategic partner revitalises Malaysia Airlines Bhd (MAS) should not be made into an issue as long as the turnaround plan could fly the national carrier high...
EdgeProp.my:
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Appointment of Morgan Stanley among govt initiatives to revive MAS, Dewan Negara told
KUALA LUMPUR (July 25): The appointment of Morgan Stanley, an investment bank and a global financial services company, is among the government’s initiatives to explore options and find the best mech...
Free Malaysia Today:
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Sell-off imminent for Malaysia Airlines, says Najib after Morgan Stanley entry
PETALING JAYA: Najib Razak today said Khazanah Nasional Bhd’s decision to hire an international investment bank to explore strategic options for Malaysia Airlines Bhd could signal the sale of the na...
The Star:
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Rising odds of Singapore easing may see yields go up, not down
TOKYO: A rapid deterioration in Singapore’s economic data has fuelled speculation the central bank will ease monetary policy.
Malaysiakini:
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Nufam cautions against companies eyeing MAS but lack track record
The National Union of Flight Attendants Malaysia has cautioned the government against companies that are eyeing to takeover struggling national carrier Malaysia Airlines Berhad (MAS) but lack a track ...
The Star:
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If MAS is to be sold, cast the net wider
The Alternative View - M Shanmugam Malaysia Airlines Bhd (MAS) is like the Brazilian football team. Almost everybody, from politicians to technocrats and investment analysts, seems to be an expert in how it can improve its services in good and bad times.
Digital News Asia:
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Syfe raises US$3.8 mill to launch in Singapore
DIGITAL wealth manager, Syfe, on July 17 announced its official launch in Singapore following the approval of the Capital Markets Services Licence from the Monetary Authority of Singapore (MAS) and a ...
Malay Mail:
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IMF: Singapore’s financial sector oversight ‘among the best globally’
SINGAPORE, July 16 — Singapore’s financial sector oversight is “among the best globally” and its financial system can withstand even a large-scale global financial market turmoil, the Internat...
AsiaOne:
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This made my day: Veteran Malaysian pilot quits to fly with daughters
Seeing that both his daughters have earned their wings, a veteran pilot left a 40-year-long career at Malaysia Airlines to become their colleague.
Malaysiakini:
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S'pore cautions wealth managers on aggressively courting HK business
Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city-state by capitalising on rival Hong Kong's political turmoil, p...
The Star:
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Singapore cautions wealth managers on aggressively courting HK business
SINGAPORE/HONG KONG: Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalising on rival Hong Kong's political turmoil, people with knowledge of the matter said.
Malay Mail:
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MAS and its potential buyer — Hajar Shamsudin
JULY 11 — I refer to the recent development of MAS and proposed 49 per cent stake of MAB by Najah Air Sdn Bhd.
The Star:
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PM: No layoffs in MAS’ revival
KUALA LUMPUR: Any possible takeover or strategic cooperation to revive national carrier Malaysia Airlines Bhd (MAS) will not result in job losses, assures Prime Minister Tun Dr Mahathir Mohamad.
Malay Mail:
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Jail for three Singapore traders who made Sg$8m in personal profits from insider trading
SINGAPORE, July 10 — Armed with confidential and market-sensitive information, two traders from a multinational fund management firm colluded with their friend, a remisier, to make personal profits ...
Star TV:
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We don't want to be bailing out MAS so many times, says Dr M
Prime Minister Tun Dr Mahathir Mohamad said the government had no intention to bail out Malaysia Airlines Bhd (MAS) if the company still did not recover after any possible selling or cooperation with...
The Borneo Post:
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The ‘Malaysia’ name to be retained in Malaysia Airlines recovery plan – PM
The government will ensure that the name ‘Malaysia’ is retained in any decision made in relation to the Malaysia Airlines Berhad (Malaysia Airlines) recovery plan, Dr Mahathir said.
Star TV:
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Dr M: 'Malaysia' name to be retained in MAS recovery plan
The government will ensure that the name ‘Malaysia’ is retained in any decision made in relation to the Malaysia Airlines Berhad (MAS) recovery plan.In a reply to supplementary questions in the De...
The Star:
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Nazri: MAS brand synonymous with tragedies, time to change name
KUALA LUMPUR: Former tourism minister Datuk Seri Nazri Aziz has proposed that Malaysian Airlines Bhd (MAS) does away with its name in order to revive the national carrier.
Malay Mail:
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Dr M: Govt can’t keep bailing out Malaysia Airlines
KUALA LUMPUR, July 10 — The prime minister made it clear today that the federal government will not always bail out Malaysia Airlines.
The Star:
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No lay-offs in any future plan for MAS, says Dr M
KUALA LUMPUR: The government has given its assurance that any possible takeover or strategic cooperation to revive the national carrier will not result in layoffs at Malaysia Airlines Bhd (MAS).
Malaysiakini:
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Could MAS lose the 'Malaysia' in its name?
PARLIAMENT | Prime Minister Dr Mahathir Mohamad spoke at length in the Dewan Rakyat today about efforts to rescue Malaysia Airlines, making it clear that Putrajaya is facing a situation where the loss...
The Edge Markets:
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Putrajaya to ensure Malaysia Airlines retains its national identity, says Dr M
KUALA LUMPUR (July 10): The government will ensure that in whatever measures taken to revive Malaysia Airlines Bhd, the company will retain its national identity.
kopiandproperty.com:
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Channel NewsAsia:
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Putrajaya has received 4 offers to take over Malaysia Airlines: PM Mahathir
PUTRAJAYA: The Malaysian government has received four offers from companies interested in taking over national carrier Malaysia Airlines (MAS), Prime Minister Mahathir Mohamad said on Tuesday (Jul 9)...
theSun:
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Govt looks at four proposals to revive MAS
PUTRAJAYA: The government has to be careful in looking at the four proposals to acquire or manage Malaysia Airlines (MAS), Prime Minister Tun Dr Mahathir Mohamad said today.
theSun:
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Proposals for MAS need to be studied carefully: Mahathir
PUTRAJAYA: People involved in Malaysia Airlines (MAS) had proven to be incapable in the past, hence proposals to revive the national flight carrier has to be studied carefully, said Prime Minister Tun...
Malaysiakini:
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Dr M: Gov't has received four proposals to revive MAS
Putrajaya is mulling letting a local company revive Malaysia Airlines Bhd, as many have failed to make the national carrier profitable in the past.
The Borneo Post:
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Govt should not wait, issues on MAS taking too long
KUALA LUMPUR: The issue of Malaysia Airlines Bhd’s (MAS) turnaround and its return to profitability is not something new.
EdgeProp.my:
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Govt should not wait, issues on MAS taking too long
KUALA LUMPUR (July 8): The issue of Malaysia Airlines Bhd’s (MAS) turnaround and its return to profitability is not something new.
The Edge Markets:
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Govt should not wait, issues on MAS taking too long
KUALA LUMPUR (July 8): The issue of Malaysia Airlines Bhd’s (MAS) turnaround and its return to profitability is not something new.
Digital News Asia:
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Validus Capital applies for digital banking licence in Singapore
SINGAPORE-based small and medium-sized enterprises (SMEs) financing platform Validus Capital (Validus) has announced that it is applying for a digital banking licence with the Monetary Authority of Si...
Malaysiakini:
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Khazanah to expand investment exposure in the US
Khazanah Nasional Bhd is expanding its exposure in the United States and looking to invest mainly in technology firms utilising data analytics.
Malay Mail:
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Khazanah to expand investment exposure in the US
KUALA LUMPUR, July 6 — Khazanah Nasional Bhd is expanding its exposure in the United States (US) and looking to invest mainly in technology firms utilising data analytics.
Tech in Asia:
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Singapore to issue up to 5 digital bank licenses to non-bank players
The Monetary Authority of Singapore (MAS) has announced that it will issue up to five new digital bank licenses, which will be extended to non-bank players, to strengthen the country’s banking syste...
Malay Mail:
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Intergovernmental centre to be built in Singapore to study fintech trends
SINGAPORE, July 1 — An intergovernmental banking organisation decided yesterday to build a new innovation hub centre in Singapore, a move that the Monetary Authority of Singapore (MAS) said reflects...
Free Malaysia Today:
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Save Malaysia Airlines by chopping ‘Little Napoleons’, says Nufam
PETALING JAYA: Malaysia Airlines Berhad can do well without the “Little Napoleons” who are running behind the scenes, the National Union of Flight Attendants Malaysia (Nufam) said today, calling f...
Malaysiakini:
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Kadir Jasin believes AirAsia can save MAS from 'dying'
Low-cost airline giant AirAsia Group Bhd is a successful airline operator with the capability to save national carrier Malaysia Airlines Bhd from "dying," says veteran newsman A Kadir Jasin.
Malay Mail:
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Singapore’s MAS to extend licences to 'non-bank players' and allow up to five digital banks
SINGAPORE, June 29 — Singapore will issue up to five new digital bank licences in a major move to liberalise the banking industry here, paving the way for fintech companies to become fully fledged b...
Malay Mail:
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Nationalistic landmines aside, analysts say Malaysia Airlines-SIA makes business sense
KUALA LUMPUR, June 29 — The wide-ranging partnership between national carrier Malaysia Airlines and southern neighbour Singapore Airlines (SIA) which was announced last Thursday could lead to a pote...
The Edge Markets:
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Singapore to offer up to five digital bank licences
SINGAPORE (June 28): Singapore's central bank said on Friday it would offer up to five digital bank licences to suitable applicants, in a move that could deliver the biggest shake-up in two decades in...
Malaysiakini:
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Don't let Malaysia Airlines die - Kadir Jasin
It is better for Malaysia Airlines Bhd (MAS) to be "married" to AirAsia than to wantonly allow the iconic brand to die, veteran newsperson A Kadir Jasin (photo, above) said today.
The Star:
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Singapore's economy seen to grow at slowest pace in 10 years
SINGAPORE: Singapore’s central bank is reviewing its 1.5%-2.5% economic growth forecast for this year and isn’t ruling out off-cycle monetary easing as the US-China trade war roils the export-dependent economy, its chief Ravi Menon said.
Malaysiakini:
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Yoursay: How long more can the gov’t maintain MAS' life support?
YOURSAY | ‘MAS’ legacies personify the worst of crony capitalism.’ Yoursay: Jomo: Tough to resuscitate MAS in current business conditions Malaysian: 2017/2018 profits for American Airlines: US$1...
Malay Mail:
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Prolonged uncertainty in HK ‘not good’ for Singapore, central bank head says
SINGAPORE, June 28 — Protracted uncertainty in Hong Kong, where protests continue over a contentious extradition bill, is bad for Singapore, the Republic’s central bank chief said yesterday.
Malay Mail:
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Singapore central bank says studying Facebook’s planned cryptocurrency Libra ‘very carefully’
SINGAPORE, June 28 — The Monetary Authority of Singapore (MAS) said yesterday that it has held discussions with Facebook on its plans for a new global cryptocurrency and intends to study the proposa...
Channel NewsAsia:
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Singapore Airlines, Malaysia Airlines sign deal to expand codeshare ties
SINGAPORE: National carriers Singapore Airlines (SIA) and Malaysia Airlines (MAS) on Thursday (Jun 27) signed a preliminary agreement that could see them "significantly" expand codeshare flights.
Malay Mail:
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Singapore’s 2019 economic growth likely to be weaker but global economy ‘not headed for a crash’, says MAS chief
SINGAPORE, June 27 — The ongoing tension between the United States and China has stalled three of the world’s growth engines — trade, manufacturing and investments — which means the Singapore ...
The Star:
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Singapore can't rule out off-cycle monetary easing
SINGAPORE: Singapore's central bank is reviewing its 1.5-2.5% economic growth forecast for this year and can't rule out off-cycle monetary easing as the U.S.-China trade war hits the city-state's exports, central bank chief Ravi Menon said on Thursday.
The Star:
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PM: MAS may go, but its identity must be retained
KUALA LUMPUR: National carrier Malaysia Airlines Bhd (MAS) may go but its identity, exemplary service and hospitality must be retained, says the Prime Minister.Tun Dr Mahathir Mohamad said while the government was willing to sell MAS, its identity as the country’s national carrier must be retained.The government, he added, had introduced various changes to restore the company.
The Star:
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MCA criticises Mat Sabu for complaining about his flight delay
PETALING JAYA: MCA has criticised Defence Minister Mohamad Sabu for complaining about his delayed Malaysia Airlines flight to London, adding that it was unfair towards the airline and its crew.
Star TV:
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Dr M: Govt okay with selling MAS, but wants its identity retained
The government is prepared to sell its national carrier Malaysia Airlines Bhd (MAS) but would like to retain its national identity, says Prime Minister Tun Dr Mahathir Mohamad.READ MORE: https://www....
AsiaOne:
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Malaysia government okay with selling MAS, but wants its identity retained
KUALA LUMPUR - The government is prepared to sell its national carrier Malaysia Airlines Bhd (MAS) but would like to retain its national identity, says Prime Minister Tun Dr Mahathir Mohamad.
Malaysiakini:
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MAS to Mat Sabu - sorry about the delay
National carrier Malaysia Airlines Bhd has apologised to Defence Minister Mohamad Sabu over a delay in his flight to London which led to him missing a meeting with Prime Minister Dr Mahathir Mohamad t...
Malay Mail:
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Dr M: Govt wants to sell Malaysia Airlines but retain its identity
KUALA LUMPUR, June 25 — Prime Minister Tun Dr Mahathir Mohamad said today that the government wants to retain the identity of Malaysia Airlines even if it were to sell the national flag carrier.
The Star:
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Dr M: Govt okay with selling MAS, but wants its identity retained
KUALA LUMPUR: The government is prepared to sell its national carrier Malaysia Airlines Bhd (MAS) but would like to retain its national identity, says Prime Minister Tun Dr Mahathir Mohamad.
theSun:
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Relatives of victims react to four charged with murder over MH17 crash
PETALING JAYA: Justice is finally set to be served almost five years after MAS flight MH17 was shot down over Ukraine in 201.4 Dutch prosecutors are preparing to charge four people with murder.
Malay Mail:
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Authorities can easily prove you wrong, ex-defence minister tells US writer after attack over MH370 probe
KUALA LUMPUR, June 19 — Former defence minister Datuk Seri Hishammuddin Hussein has taken US writer and former pilot William Langewiesche to task for resurrecting an old and unproven theory that Mal...
SoyaCincau.com:
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Grab is exploring the idea of becoming a virtual bank
7 years ago, Grab began as a ride-hailing company, with its sights set on direct competitors Uber.
Malay Mail:
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Economists downgrade 2019 growth forecast for Singapore, survey shows
SINGAPORE, June 13 — Economists in Singapore have become more pessimistic about the city-state’s economic growth in 2019 — but they expect things to pick up slightly next year.
The Star:
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Grab eyes Singapore online banking licence
SINGAPORE: Grab, South-East Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the city-state consider allowing online-only banks, sources said.
Tech in Asia:
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In brief: Grab reportedly planning for Singapore digital banking license
Grab is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process told Reuters.
The Star:
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Grab eyes Singapore banking licence as regulator studies virtual banks: sources
Grab, South-East Asia's most valuable startup, is exploring a move into Singapore banking as regulators in the South-East Asian city-state consider allowing online-only banks, four people with knowledge of the process said.
kopiandproperty.com:
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Malaysiakini:
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Malaysia Airlines CEO against selling national carrier
Malaysia Airlines Bhd CEO Izham Ismail objects to the idea of selling the national carrier.
Malay Mail:
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Grab scores lowest in crisis management study while Lynas, MAS praised
KUALA LUMPUR, June 1 — E-hailing operator Grab Malaysia has achieved the lowest score while rare earth refiner Lynas (Malaysia) Sdn Bhd and national carrier Malaysia Airlines Berhad (MAS) topped the...
Malay Mail:
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What is the US currency watch list and why is Singapore on it?
SINGAPORE, May 31 — Other than knee-jerk reactions in the financial markets, economists said that there would likely be no short-term impact on Singapore for being on the United States’ watch list...
Malay Mail:
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Singapore does not engage in currency manipulation, says MAS in response to US report
SINGAPORE, May 29 — The Monetary Authority of Singapore (MAS) today said that it does not manipulate the Singapore dollar for export advantage, or to achieve a current account surplus.
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