Najib: Believe in MAS for Malaysia’s future
Malaysia PM Najib Razak (8 Aug) ― Hours after Malaysia Airlines (MAS) was delisted from the stock market today, Prime Minister Datuk Seri Najib Razak urged Malaysians to support the move, saying it was “the first step needed” to turn the flag carrier around. He said the process to renew the airline would involve “painful...
Singapore’s income inequality gap narrowing?
(8 Aug) - The Singapore government reported this week that the nation's income inequality gap narrowed, but workers at the lower end of the spectrum are still struggling to make ends meet. (Source: Getty Images) The Ministry of Finance said a steady increase in the real incomes of low and middle income Singaporeans over the...
Malaysia Airlines to be nationalised
(8 Aug) - Malaysia Airlines, the Asian carrier teetering on the edge of collapse after two disasters in four months, is to be taken private by Malaysia’s sovereign wealth fund in a rescue plan that will see the airline delisted and restructured in a bid to restore it to profitability. Khazanah, which is the biggest shareholder...
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