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 •  Now AirAsia can fly again in Japan
KUALA LUMPUR: AirAsia Japan Co Ltd, which recently reorganised its shareholding structure, has been granted the air operator’s certificate by the Civil Aeronautics Act by Ministry of Land, Infrastructure, Transport and Tourism.
 •  Petronas appoints Firouz VP of downstream oil business
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has appointed Mohamed Firouz Asnan as vice-president of oil business (downstream) effective Sept 1.
 •  Trading volume crosses 2 billion shares on firmer market sentiment
KUALA LUMPUR: Trading volume on Bursa Malaysia crossed two billion shares on Tuesday on rising investor interest amid a firmer broader market, with the FBM KLCI chalking up the second day of gains.
 •  AirAsia sounding out investors to take company private
SINGAPORE: Founders of Asia's No.1 budget carrier AirAsia Bhd are sounding out investors to take the company private in a management-led buyout, after its shares took a beating this year following a critical research report, people familiar with the matter said.
 •  Boilermech earnings to climb on 15 year deal
KUALA LUMPUR: Biomass boiler maker Boilermech Holdings Bhd has signed a 15-year agreement and a memorandum of understanding (MoU) with two separate partners that could impact its future earnings positively.
 •  MyCC to fine MyEG for RM307,200 for infringing Competition Act
KUALA LUMPUR: Malaysia Competition Commission (MyCC) proposes to impose a financial penalty of RM307,200 against the My E.G. Services Bhd (MyEG) for infringing Section 10 of the Competition Act 2010.
 •  FIMM seeks tax exemption extension for Islamic funds
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) hopes the tax exemption on managing fees for Islamic funds is extended for another three years in Budget 2016.
 •  Budget 2016 will be people friendly, says Tee Yong
PETALING JAYA: Budget 2016 will be people friendly and bigger than the previous one to help low and middle-income groups cope with inflation and rising cost of living, Deputy Finance Minister Datuk Chua Tee Yong said.
 •  Trans-Pacific Partnership deal: Who stands to gain, suffer in Asia-Pacific
The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion.
 •  Top foreign and local stories at 3.15pm
Top foreign and local stories at 3.15pm
Updated: 70 minutes ago
 •  Mahindra two-wheelers bids for Peugeot Citroen's scooters
Automobile major Mahindra & Mahindra's two-wheeler subsidiary Tuesday said that it has made a binding offer to acquire a majority stake in PSA Peugeot Citroen's scooter business.
 •  Sensex trades in red; bank stocks down
Opening after an extended weekend holiday, a benchmark index of Indian equities markets Tuesday traded 108 points or 0.
 •  India offers $250 bn investment opportunity in infrastructure
India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country's Urban Development Minister M.
 •  SJVNL signs pact for Bhutan hydro project
The public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) has signed an agreement for commissioning of the 600 MW Kholongchu Hydro Electric Project in Bhutan, whose foundation stone was laid by Prime Minister Narendra Modi, the company said Wednesday.
 •  Amazon has high expectations from India business: Jeff Bezos
Amazon has very high expectations from its Indian operations, Chief Executive Officer Jeff Bezos said here Wednesday.
 •  Sensex trades flat; banking stocks plunge
A benchmark index of Indian equities markets Wednesday was trading flat at 22.
 •  Diesel in over-recovery; retail prices exceed global rates
With the rates of the Indian basket of crude oil falling below $95 a barrel, the petroleum ministry Wednesday said losses on diesel sales had been wiped out with the government now looking at a profit of nearly two rupees a litre on the fuel sales.
 •  Ford India's sales dip in September
Passenger car manufacturer Ford India experienced a dip in its September sales as compared to the corresponding period of 2013, the company said Wednesday.
 •  Microsoft Devices launches new Lumia devices
Microsoft Devices Wednesday launched three new Windows smartphones - Lumia 830, Lumia 730 and Lumia 930, a top company official said here.
 •  Maruti Suzuki's September sales up
India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a healthy sales growth of 4.
 •  Reliance Communications to reduce debt to under Rs.20,000 crore
Reliance Communications targets to bring its debt to under Rs.
 •  Maruti Suzuki recalls 69,555 vehicles
In one of the largest automobile repair and inspection exercises, passenger car major Maruti Suzuki Tuesday said that it has recalled 69,555 diesel Dzire, Swift and Ritz models, stating that it will proactively inspect and repair a wiring harness.
 •  Hero MotoCorp's August sales up 30 percent
Two-wheeler manufacturer Hero MotoCorp Tuesday reported sales growth of 30 percent in September by dispatching 600,000 units.
 •  Monetary policy will be inflation data-contingent: RBI
Given that inflation is expected to level at around 7 percent by 2016, the Reserve Bank's monetary policy going ahead will be contingent on relevant data coming in, RBI Governor Raghuram Rajan said Tuesday after announcing the central bank's fourth bi-monthly policy review.
 •  Eight core industries up 5.8 percent in August
Eight core industries such as coal, electricity, crude oil, cement and steel, grew at 5.
Updated: 524366 minutes ago
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