Malaysian taxi app grabs $90 million

GrabTaxi, a taxi booking app operator of Malaysian origin, has received a round of investment led by U.S. investment firm Tiger Global Management believed to be worth around $65 million dollars - bringing the total it has raised this year to $90 million.

Beijing Is Directing Hong Kong Strategy, Government Insiders Say

On many mornings throughout the nearly three weeks of pro-democracy protests that have convulsed Hong Kong, white Toyota Coaster vans with special black license plates have set out from city government buildings here, bound for a tropical resort across the border in mainland China.

Nation-building is never easy

THERE are 30 million of us now. On Feb 20 this year, the 30 millionth Malaysian was born. At 10.46pm on Thursday, Oct 16th,  when I started writing this piece, the number of Malaysians stood at 30,340,337. Two hours later, the number was 30,340,349. To put it in perspective, on average, ther...

Adnan willing to meet Azmin over raw water deal

Pahang Menteri Besar Datuk Seri Adnan Yaakob said he was prepared to meet with his Selangor counterpart, Mohamed Azmin Ali, to discuss the Pahang-Selangor raw water transfer deal.

This was to ensure that the project could be implemented without delay, he said.

Dispense justice fairly

We are sending a seriously flawed message if those who are perceived to be close to the government are spared the full wrath of the law.

'I Want To Touch A Dog' a big hit

MORE than 1,500 people converged at the Central Park in Bandar Utama yesterday in a heartwarming display of tolerance and awareness about man’s best friend.

Passing the baton is as crucial as carrying it on

TAN Sri Johan Jaaffar highlighted two points  in his column “Nation-building is never easy” (NST, Oct 18), which sums up the challenges that we face as a nation. <p>

One, the government is not perfect. Despite the same rules being applicable to any government of t...

China's Alipay offers mobile wallet for US sites

China's half billion online shoppers will soon have an easier way to shop in the U.S.

Alipay, the payments unit recently spun off from Chinese e-commerce powerhouse Alibaba, is launching a service for U.S. retailers called ePass. Alipay ha...

Fighting fire with fire won’t bring peace

But peace teaches us important lessons, as portrayed by people like Nelson Mandela, Mahatma Gandhi and 2014 Nobel Peace-prize winner Malala Yousafzai — compassion, fairness and the ability to forgive and forget.

Najib touts national integration, not assimilation as Malaysian recipe for racial unity

Malaysia celebrates its diversity through national integration and not assimilation, Datuk Seri Najib Razak said today, noting that every ethnic group in the country is given the right to learn their own language and pray in their own religion.

Soaring towards 2020

MALAYSIA Airports Holdings Bhd (MAHB) is committed to becoming one of the core key economic accelerators for Malaysia in its bid to become a developed and high-income nation by 2020.

A boost for SMEs

THE 2015 Budget again shows the country is in good hands. It demonstrates responsibility in managing the current state of the economy and also the vision to ensure the sustainability of the nation’s continued well-being. Kudos to the government.

Poor drainage causing floods in KL

Climate change could be the reason for unusually high rainfall and long dry spells, but it is not the underlying cause for incidents such as landslides or flash floods.

An English dilemma

THE 2015 Budget unveiled on Friday outlined two commendable steps to help address the worrying issue of unemployed graduates.

One measure is to undertake a thorough review of the curriculum in skills training centres, colleges and universities, thus, ensuring that the courses are more r...

China bans tainted stars from TV, movie screens

Stars who have used drugs, visited prostitutes or been involved in other law-breaking will not be allowed to appear on Chinese television, movie screens or other forms of broadcast, state media said on Thursday, following a series of scandals.


Sime Darby offers RM5.6 billion to buy New Britain Palm oil

Sime Darby Bhd, the world's top oil palm planter by land size, has offered to buy New Britain Palm Oil Ltd for about US$1.74 billion (RM5.6 billion) as the Malaysian firm looks to add high yielding plantations that can immediately boost its earnings.

‘Affordable homes move welcomed’

THE National House Buyers’ Association has praised the government’s efforts to produce more affordable houses, but cautioned that the initiative must reach the right target layer of the people.

M’sians welcome tax exemption

THE government’s move to exempt essential goods such as food stuff, medicines and fuel from the Goods and Services Tax (GST) has been welcomed by Malaysians.

Easy Taxi upgrading its services

Taxi booking mobile application, Easy Taxi, recently pledged to upgrade taxis within its network and roll out competitive incentive plans for its drivers.

'Pro-growth policies must go along with reforms'

STRUCTURAL reforms must be accompanied by pro-growth policies, said Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz.

China's Internet revolution

With 632 million users, China’s Internet has already produced a dynamic technology sector, thriving social networks and the world’s largest e-tail (consumer-facing e-commerce) market. Global investors’ excitement about the initia...

Singapore proposes REIT reforms

The government announced a series of proposed reforms to its real estate investment trust (REIT) market yesterday, which include a change in debt limits and more safeguards to try to ensure trust managers act in the interests of investors.

Is resistance to change futile?

These newcomers’ methods aren’t news any more: through a mobile application, customers can find and reserve vehicles in their immediate area in minutes. From Los Angeles to Sydney and Singapore, these services are shaking up the taxi business and are being met with heavy resistance. H...

The taxi wars

MyTeksi’s temptation at this point might be to deviate towards monetisation and start “making much more” money, even as rumours were rife about them heading towards initial public offering (IPO). But the general manager is candid that while they are generating positive revenue, ...

Najib calls for consistent action to reduce carbon emissions

Malaysia wants all countries, not just developing nations, to commit to an ambitious deal to reduce carbon emissions.

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YTL's Starhill Global REIT's 3Q 2014 DPU Up 5.0% Year-on-Year to 1.27 cents

Tan Sri Dato’ (Dr) Francis Yeoh, Executive Chairman of YTL Starhill Global, said, “Our balanced portfolio of prime retail assets has shown its resilience against the uncertain economic backdrop resulting from recent geopolitical events...

YTL targets hospitality, global REIT expansion

YTL Group is looking at expanding its global and hospitality real estate investment trusts (REIT) as it has reached six to seven per cent in its yield, said Joseph Yeoh, vice-president of YTL Land & Development Bhd and YTL Hotels and Properties.

“For our global and hospitality REIT, w...

Starhill Gallery presents A Journey Through Time VIII

Starhill Gallery, Kuala Lumpur’s ultimate city centre destination for lifestyle, fashion, beauty, art and food, is playing host once more to the glamorous A Journey Through Time, Asia’s premier watch and jewellery showcase. Endorsed by...

Mariah Carey loves YTL's Starhill Gallery, Kuala Lumpur

YTL Managing Director Tan Sri (Dr) Francis Yeoh spent the evening accompanying Mariah Carey as she shopped at tony Starhill Gallery, Kuala Lumpur’s iconic shopping destination. Mentioned in The New York Times as one of the Top 31 Places to v...

Mariah Carey ventures out for last minute shopping spree at Starhill Gallery

Pop diva Mariah Carey made the most of her time in Kuala Lumpur by living every world-renowned chanteuse's dream - to shop till you drop!

The accommodating superstar mum of the three-year-old twins, Moroccan and Monroe got up-close-and-per...

Mariah Carey gets six-figure retail therapy in Kuala Lumpur at Starhill Gallery

After kicking off the Asian leg of The Elusive Chanteuse Show tour early this month in Tokyo, perhaps all that stress of being on the road has gotten to international singing sensation Mariah Carey and what better way to unwind than with some reta...

YTL Land on track for greater things

"It was a very difficult project to turn around. When we first saw the place, there were many abandoned apartments that were built halfway. It looked like a bomb site," he says. "But after studying the area intimately, I found a lot in Sentul to c...

The future is now

SEKOLAH Menengah Kebangsaan Puchong Batu 14 (SMK Puchong) together with YTL Foundation, FrogAsia Sdn Bhd (FrogAsia) and the design and architectural department of Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd (SPYTL Design Group) recently launched the...

Chef Lim Fang Tat at YTL's Pangkor Laut Resort shares his recipe for happiness

At 80, Lim Fang Tat is the oldest employee at YTL's Pangkor Laut Resort in Perak. The head chef, popularly known as Uncle Lim, is the inspiration for the resort’s Uncle Lim’s Kitchen, a restaurant specialising in Nyonya and Hockchew di...

YTL's Shook! Shanghai clinches 2nd Best Restaurant at DiningCity Restaurant Week ''Summer Edition 2014''

YTL's Shook! Shanghai clinched 2nd Best Restaurant for dining at Shanghai's Restaurant Week. Organised by DiningCity, the leading worldwide restaurant guide, Restaurant Week "Summer Edition 2014" saw more than 260 top restaurants in China vying fo...

YTL Foundation launches Frog classroom

SMK Puchong Batu 14 recently opened its new Frog Classroom. The classroom was launched by YTL Foundation, FrogAsia Sdn Bhd and the design and architectural department of Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd.

YTL Foundation projects di...

Tan Sri (Dr) Francis Yeoh honoured with Lifetime Achievement Award at The Peak’s 25th Anniversary

Honoured to be recognised such a prestigious award, Tan Sri (Dr) Francis Yeoh said: "First and foremost I must congratulate The Peak Magazine for having survived 25 years, despite a digital revolution in the media world. The digital revolution has beaten to pulp many old print businesses but...

YTL Communications' 1 Murid, 1 Chromebook project helps bridge digital divide

For isolated communities, broadband connectivity has opened doors to a whole new world of information. It also gives rural students access to knowledge by cutting through cultural or geographical barriers.

Essentially, a world without Inte...

YTL Hotels-sponsored ''The Majestic Tiger Ball'' a roaring success

The Majestic Hotel Kuala Lumpur played host to The Majestic Tiger Ball, a fund-raiser organised to aid global charity initiative Save Wild Tigers in their conservation efforts. The event was graced by influencers, celebrities and socialites from a...

Shale oil-fuelled power plant to be ready late 2018

Jordan's first shale oil-fuelled power plant will be operational at the end of 2018, officials said. The facility is expected to slash the country's energy bill by $500 million annually as the electricity it will produce will be bought at half the current price, officials said Wednesday.