Business

GIVEN the overwhelming response to its GE13 promotional campaign, Malaysia Airlines has launched a nationwide sale with deals of up to 72% discounts for bookings till May 24 for travel from tomorrow to Nov 30.

These offers cover fares within Malaysia and from Malaysia to its various destinations in Southeast Asia, North Asia, South Asia, Australia, North America and Europe, the national carrier said in a statement yesterday.

LOCAL businesses focused on domestic and export markets now have access to trade credit insurance products and services from French credit insurance Euler Hermes, following a cooperation agreement with Allianz General Insurance Company (Malaysia) Bhd, which will act as a distributor throughout the country.

THE latest promotion from Kedai Ayamas is the “Spicy Siam Roaster”, which is being promoted with the tagline “An Exquisite Taste of Thai”.

Datuk Ahmad Zaki Zahid, managing director at QSR Brands (M) Holdings Sdn Bhd — operator of Kedai Ayamas — said: “We are confident the Spicy Siam Roast will be a hit among our customers for its unique taste.”

BUDGET chain Tune Hotels, a subsidiary of Tune Group, will be opening its first low cost hotel in Ahmedabad, India — aiming to target the highly potential wedding market of India with the introduction of family rooms that can accommodate four to six people.

A POSTING for Acer W3-510 tablet has appeared and then disappeared on Amazon's US site, suggesting that Microsoft has reconfigured its operating system for smaller devices.

IN a pleasant surprise, Malayan Banking Bhd (Maybank) has made its maiden entry into the Bloomberg Markets’ third annual ranking of the world’s strongest banks.

President and chief executive officer Datuk Seri Abdul Wahid Omar (pic) attributed its No 13 rank to tough supervision by Bank Negara Malaysia (BNM) and new stress testing and risk-control measures inside the bank.

“The central bank has always adopted a very pragmatic supervision approach,” said Abdul Wahid. “Whenever there are signs of problems, BNM has never been hesitant to intervene.”

BARNES & NOBLE is touting its latest price cuts as part of campaign in support of the Get London Reading initiative, suggesting that the offer will run for a limited time only, however it is yet to give a cut-off date.

TAKING advantage of the huge customer base for separate services now provided by Astro Malaysia Holdings Bhd and Maxis Bhd, both have launched a joint offer to cross-sell to each other’s subscribers and also woo new ones.

For existing Astro subscribers, the new package means a switch from current outdoor satellite dishes to a fibre-optic connection provided by Maxis. This allows for access to Astro channels and also broadband Internet. Internet access speeds offered via this package come in 10, 20 or 30 Mbps bandwidth options.

HIBISCUS Petroleum Bhd has joined Melbourne-based 3D Oil as a partner in the 9.2 million-barrel West Seahorse oilfield in Bass Strait, Australia.

Hibiscus invested A$27 million (RM84.8 million) in the joint venture, taking up a 13% equity stake in 3D for A$2 million (RM6.3 million), The Australian newspaper reported.

“The funding gave Hibiscus a 50.1% share of the permit containing West Seahorse, 14km offshore from Ninety Mile Beach,” the newspaper said.

AT the Putra Brand Awards 2013, Malaysia Airlines clinched silver for the “Transportation, Travel & Tourism” category.