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MALAYSIA, THAILAND TO JOINTLY PROMOTE TOURIST DESTINATIONS Asia Pulse via Yahoo!7 Finance Malaysia The Malaysian Tourism Ministry will forge closer cooperation with the Thai government to undertake joint promotions with a view to enhancing the tourism industries of both countries. MARKETS-MALAYSIA-STOCKS =2 KUALA LUMPUR Reuters via Yahoo! Asia News - Palm oil refiner Wilmar said it would buy Malaysian plantation and agri-business assets from the Kuok Group and others in a $4.3 billion deal, continuing Malaysia's palm oil industry shake-up. Malaysia\'s AirAsia signs 1.1 bln usd 20-yr maintenance deal with GE - UPDATE Sharewatch The budget airline said it has also entered into a 500 mln usd contract with CFM International for the purchase of CFM 56-5B engines for Airbus A320 aircraft. Malaysia spends $3 bln to rescue privatised firms Reuters via Yahoo! Asia News KUALA LUMPUR, Dec 14 (Reuters) - Malaysia spent more than $3.1 billion in the past five years to bail out seven privatised firms that ran up huge losses and debts, a newspaper said on Thursday. Malaysia's AirAsia takes option on 60 GE engines Reuters via Yahoo! Asia News KUALA LUMPUR, Dec 14 (Reuters) - Rapidly expanding budget airline AirAsia has taken options on 60 GE Aviation engines with a total list price of around $360 million, officials of both companies said on Thursday. Experts: Qantas buyout unlikely to prompt other Asia-Pacific airline takeovers The York Dispatch SYDNEY, Australia -- The proposed $8.6 billion takeover of Qantas Airways Ltd. by a private equity consortium is unlikely to prompt a flurry of similar bids for airlines across the Asia-Pacific region, analysts said Friday. Malaysia, Thailand To Jointly Promote Tourist Destinations Asia Pulse via Yahoo!7 News The Malaysian Tourism Ministry will forge closer cooperation with the Thai government to undertake joint promotions with a view to enhancing the tourism industries of both countries. AFX UK Focus 2006-12-15 08:15 GMT: Malaysia's AirAsia signs 1.1 bln usd 20-yr maintenance deal with GE - UPDATE Interactive Investor KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said it has entered into a 20-year maintenance agreement worth about 1.1 bln usd with General Electric Co (GE). Qantas board accepts $8.7 billion buyout International Herald Tribune If shareholders approve the deal, it will be the biggest takeover in Australia and the latest move in a global revival of airline stocks. MAS concludes IT deal with Mercator The Edge Daily Malaysian Airline System Bhd (MAS) has concluded a multi-million ringgit outsourcing deal with Emirates Group’s IT unit Mercator for the latter's airline revenue accounting solutions for both its passenger and cargo operations.
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