Wednesday, December 19th, 2018

 

Uber loses latest UK legal bid to block worker rights for drivers

LONDON, Dec 19 ― Uber has lost its latest court bid to stop its British drivers being classified as workers, entitling them to rights such as the minimum wage, in a decision which jeopardises the taxi app's business model. Two drivers successfully…


MAHB hopes to woo 10 airlines next year

SEPANG: Malaysia Airports Holdings Bhd (MAHB) aims to attract 10 airlines, both premium and low-cost carriers (LCCs) to Malaysia, especially to its five main airports, in 2019.

The airports are KL International Airport (KLIA), klia2, Penang International Airport, Kota Kinabalu International Airport and Kuching International Airport, said MAHB general manager for airline marketing Mohd Sallauddin Mat Sah.

“We are going to be very focused next year and will continue to pursue many more airlines,“ he told reporters after welcoming Citilink Indonesia’s inaugural flight into KLIA today.

Mohd Sallauddin said the potential airlines might come from China, Middle Eastern countries, the Asian region and other regions as well.

He said Malaysia would be able to attract many foreign airlines due to its variety of tourism attractions and accessibility as some LCCs found it easy for a startup.

As for 2018, he said MAHB attracted 13 airlines, of which 11 have already started operations and the other two by year-end.

Meanwhile, Citilink Indonesia’s aircraft was given a water salute upon landing at KLIA at 12.10pm following an inaugural flight from Banyuwangi, the eastern-most regency of East Java, an area rich in ecotourism and nature-based tourism.

MAHB is also scheduled to welcome the first flight from TUI Airways from Birmingham at Langkawi International Airport today. Besides Birmingham, TUI offers long-haul chartered services from two other UK airports – Manchester and Gatwick – to Langkawi with three fortnightly flights on the 797 Dreamliner.

Meanwhile, the Royal Brunei Airlines will start its Bandar Seri Begawan-Kuching route on Dec 28 with two flights a week.

Mohd Sallauddin said in total, MAHB added 50 international routes to its list this year, while international frequencies per week from both local and foreign carriers increased by 458 as of October 2018.


MAHB hopes to woo more 10 airlines next year

SEPANG: Malaysia Airports Holdings Bhd (MAHB) aims to attract 10 airlines, both premium and low-cost carriers (LCCs) to Malaysia, especially to its five main airports, in 2019.

The airports are KL International Airport (KLIA), klia2, Penang International Airport, Kota Kinabalu International Airport and Kuching International Airport, said MAHB general manager for airline marketing Mohd Sallauddin Mat Sah.

“We are going to be very focused next year and will continue to pursue many more airlines,“ he told reporters after welcoming Citilink Indonesia’s inaugural flight into KLIA today.

Mohd Sallauddin said the potential airlines might come from China, Middle Eastern countries, the Asian region and other regions as well.

He said Malaysia would be able to attract many foreign airlines due to its variety of tourism attractions and accessibility as some LCCs found it easy for a startup.

As for 2018, he said MAHB attracted 13 airlines, of which 11 have already started operations and the other two by year-end.

Meanwhile, Citilink Indonesia’s aircraft was given a water salute upon landing at KLIA at 12.10pm following an inaugural flight from Banyuwangi, the eastern-most regency of East Java, an area rich in ecotourism and nature-based tourism.

MAHB is also scheduled to welcome the first flight from TUI Airways from Birmingham at Langkawi International Airport today. Besides Birmingham, TUI offers long-haul chartered services from two other UK airports – Manchester and Gatwick – to Langkawi with three fortnightly flights on the 797 Dreamliner.

Meanwhile, the Royal Brunei Airlines will start its Bandar Seri Begawan-Kuching route on Dec 28 with two flights a week.

Mohd Sallauddin said in total, MAHB added 50 international routes to its list this year, while international frequencies per week from both local and foreign carriers increased by 458 as of October 2018.


Grab introduces GrabClub subscription with 55pc savings

KUALA LUMPUR, Dec 19 — Grab has announced a new subscription programme which offers additional savings on Grab ride and GrabFood deliveries. For Malaysia, Grab is introducing a single Grab-It-All Basic Pass at RM50/month that comes with RM110…


CIDB partners Sany Construction to spur IBS uptake

KUALA LUMPUR: Construction Industry Development Board Malaysia (CIDB) is partnering with Sany Construction Industry Development (M) Sdn Bhd, a subsidiary of China’s Sany Group Co Ltd, to further enhance industrialised building system (IBS) adoption in the local construction industry.

Sany Construction is a locally incorporated company of Sany Group, which is one of the largest construction companies in China.

CIDB’s wholly owned unit CIDB IBS Sdn Bhd today signed a memorandum of understanding (MoU) with Sany Construction to share information and expertise in IBS-related innovation and technologies as well as collaborate in capacity building programmes.

Speaking at a press conference in conjunction with the MoU signing, CIDB CEO Datuk Ir Ahmad Asri Abdul Hamid said the collaboration is expected to increase the uptake of IBS among the local industry players by 10% in 2019.

“The signing of the MoU will increase the knowledge and expertise in IBS among manufacturers, installers and contractors in Malaysia, while simultaneously raising awareness about the advantages and benefits of IBS technology among industry players,” he added, noting Sany Construction has a significant experience in IBS construction methods.

As at November this year, he said a total of 3,684 workers, 7,496 contractors and 4,053 professionals have registered with CIDB IBS to upgrade their knowledge in implementing IBS technology.

Ahmad Asri noted that the IBS construction methods takes a holistic approach that enables early detection of any potential issues, from the design stage right until completion.

He further explained that a construction project will be able to be completed within a shorter period of time as the IBS system enables more accurate allocation of resources.

“This contributed to the improvement of overall cost-efficiency of a project as well as reduce its impact on the environment,” he added.

Since 2008, the government has mandated the use of IBS in public sector projects worth RM10 million and above, of which the requirement is to achieve a minimum IBS score of 70.

Since January this year, IBS has also been mandated for private sector projects worth RM50 million and above, with the requirement to achieve minimum IBS score of 50.

IBS involves the use of prefabricated components and mechanisation to increase the efficiency, quality and productivity of residential and industrial projects.


Daimler, BMW win green light for car-sharing merger

FRANKFURT, Dec 19 ― German carmakers Daimler and BMW said Wednesday they had won final approval to merge their car-sharing services Car2Go and DriveNow, paving the way for the creation of a European giant to challenge the likes of Uber. In a joint…


MAHB has 10 more airlines on its radar

SEPANG: Malaysia Airports Holdings Bhd (MAHB) aims to attract 10 airlines, both premium and low-cost carriers (LCCs) to Malaysia, especially to its five main airports, in 2019.

The airports are KL International Airport (KLIA), klia2, Penang International Airport, Kota Kinabalu International Airport and Kuching International Airport, said MAHB general manager for airline marketing Mohd Sallauddin Mat Sah.

“We are going to be very focused next year and will continue to pursue many more airlines,“ he told reporters after welcoming Citilink Indonesia’s inaugural flight into KLIA today.

Mohd Sallauddin said the potential airlines might come from China, Middle Eastern countries, the Asian region and other regions as well.

He said Malaysia would be able to attract many foreign airlines due to its variety of tourism attractions and accessibility as some LCCs found it easy for a startup.

As for 2018, he said MAHB attracted 13 airlines, of which 11 have already started operations and the other two by year-end.

Meanwhile, the LCC Citilink Indonesia’s aircraft was given a water salute upon landing at KLIA at 12.10pm following an inaugural flight from Banyu-wangi, the eastern-most regency of East Java, an area rich in ecotourism and nature-based tourism.

MAHB is also scheduled to welcome the first flight from TUI Airways from Birmingham at Langkawi International Airport today. Besides Birmingham, TUI offers long-haul chartered services from two other UK airports – Manchester and Gatwick – to Langkawi with three fortnightly flights on the 797 Dreamliner.

Meanwhile, the Royal Brunei Airlines will start its Bandar Seri Begawan-Kuching route on Dec 28 with two flights a week.

Mohd Sallauddin said in total, MAHB added 50 international routes to its list this year, while international frequencies per week from both local and foreign carriers increased by 458 as of October 2018.


Bursa CEO Tajuddin to retire in February

PETALING JAYA: Datuk Seri Tajuddin Atan will relinquish his role as Bursa Malaysia Bhd CEO effective Feb 11, 2019.

Tajuddin, 59, will retire after eight years of service with the stock exchange. He was appoint-ed CEO in 2011.

Bursa Malaysia said in a statement today the decision by the board was made after its implementation of a leadership succession plan to ensure that the exchange is best positioned to deliver on its value proposition to all stakeholders.

MAA Group Bhd CEO and group managing director Datuk Muhamad Umar Swift will take over as Bursa CEO next year.


Lotte Chemical Titan conducts internal reviews

PETALING JAYA: Lotte Chemical Titan Holding Bhd, which has been reprimanded and fined by the Securities Commission Malaysia (SC), is conducting internal reviews and seeking external advice on the matter.

In a filing with Bursa Malaysia, the company noted the regulator’s latest decision on the matter and assured that the incident has no material effect on its business operations or financial condition.

To recap, the SC reprimanded and fined the company, its two executive directors and advisers on July 9, 2018 for failure to inform the regulator of material developments prior to the company’s listing.

The SC had imposed penalties amounting to RM2.19 million, comprising a fine of RM560,000 on the company, RM297,500 on the reporting accountant Ernst & Young and RM450,000 on Maybank Investment Bank Bhd, which was the principal adviser to the company’s listing exercise.

The two executive directors namely Lee Dong Woo and Lee Kwan Ho were fined RM441,000 each.

On Tuesday, the SC said it has dismissed the review applications made by the parties and maintained its decision to reprimand and fine the parties involved.


MRCB receives RM1.07b from EPF for Bukit Jalil project

KUALA LUMPUR, Dec 19 ― Malaysian Resources Corporation Bhd (MRCB) has received RM1.074 billion from the Employees Provident Fund (EPF) for its 80 per cent subscription in Bukit Jalil Sentral Property Sdn Bhd (BJSP), the special purpose…