QZ8501: Flight Data Recorder In Good Condition

KUALA LUMPUR, Jan 14 – Flight data recorder (FCR) retrieved from the Indonesia AirAsia flight QZ8501 which has safely arrived in Jakarta is in good condition. National Transportation Safety Committee (NTSC) Pilot investigator Captain Santoso Sayogo said they are in the midst of cleaning the black box before data from the

Lawyer To Be Remanded Over Jakim Tweet

PETALING JAYA, Jan 13 – A lawyer who was alleged to have said that Jakim promoted extremism through the Friday sermons will be remanded soon to facilitate investigations. Federal CID director Datuk Seri Mohmad Salleh said the case was being investigated under Section 4 (1) of the Sedition Act and handled

BR1M Payment Begins Jan 15

PUTRAJAYA, Jan 13 – Payment of the 1Malaysia People’s Aid (BR1M) for 2015 will begin on Thursday (Jan 15), Deputy Finance Minister Datuk Ahmad Maslan said today. At the same time, he dismissed reports over the social media and smartphone applications that the payment began last Sunday. The social media reports

AirAsia Flight Tragedy QZ8501: CVR Found

JAKARTA, Jan 13 – The Cockpit Voice Recorder (CVR) of Indonesia AirAsia Flight QZ 8501 was recovered this morning and is now on board Indonesian navy vessel KRI Banda Aceh. According to a report by Indonesia’s MetroTV television station, the CVR was found not far from where the Flight Data Recorder

Airbus Exceeds Targets For 2014

KUALA LUMPUR, Jan 13 – Airbus has exceeded its targets for 2014, achieving a new record of 629 aircraft deliveries for 89 customers, its president and chief executive officer, Fabrice Bregier said. He said the production achievement showed that aircraft deliveries last year went up for the 13th year in a

Thai Government To Keep Islamic Bank Afloat

BANGKOK, Jan 13 – The Thai government will keep the troubled Islamic Bank of Thailand (IBANK) afloat, said Prime Minister Gen Prayuth Chan-ocha. He said the government was not thinking about closing the bank although it was facing problems with non-performing loans (NPLs). “The bank needs a change in the way

Reduce PR1MA Apartment Prices By Half, Says PSM

KUALA LUMPUR, Jan 13 – Apartments under the 1Malaysia People’s Housing Project (PR1MA) in Cameron Highlands should be priced from a minimum of RM60,000 each, or half the present price for the cheapest units. Cameron Highlands Parti Sosialis Malaysia (PSM) branch chief Suresh Kumar said the present housing cost for PR1MA homes was still beyond the

No More RM50 Credit Card Fee With GST

KUALA LUMPUR, Jan 13 – The RM50 charged yearly for credit card, plus the RM25 for supplementary cards, will be scrapped from April 1 when the Goods and Services Tax (GST) takes effect. Alliance Bank Malaysia Bhd said on its website that with this fee (introduced in 2010) being abolished, 6% GST will instead

GST On ATM, Passbook Replacement Fee

KUALA LUMPUR, Jan 13 – The 6% Goods and Services Tax (GST) will apply on charges for replacement of an ATM card or account passbook if these are lost or damaged, said Alliance Bank Malaysia Bhd on its website. “Fees and charges related to the maintenance of the account will also be subject

No GST On Bank Loan Interest

KUALA LUMPUR, Jan 13 – Interest charged on loans and financing is exempted from the Goods and Services Tax (GST), Alliance Bank Malaysia Bhd said on its website. The 6% GST will apply only on loan processing fees, the bank said. Details on what the breakdown will be has yet to be finalised

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