AirAsia can withstand unfavourable currency movements, rising oil prices

PHNOM PENH: AirAsia believes it is capable of confronting rising fuel prices and the continued unfavourable currency movements, which continue to heighten global challenges. Capital A Bhd chief executive officer (CEO) Tan Sri Tony Fernandes said his confidence is based on the returned elasticity of the aviation industry post-Covid-19 despite fares rising as much as 25 per...

Cops detain tanker in Port Klang, seize over 130,000 litres of subsidised diesel

KUALA LUMPUR: The police detained an oil tanker believed to have been involved in smuggling subsidised diesel in Port Klang, Selangor on Wednesday (Dec 6). Bukit Aman Internal Security and Public Order Department director Datuk Seri Hazani Ghazali said 138,982 littes of subsidised diesel, pumps and hose were seized from the ship which is valued at...