Selasa, 5 Mac 2013

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NST Online Business Times : latest


MAS to start A330-300 KL-Sydney service

Posted: 05 Mar 2013 06:28 PM PST

MELBOURNE: Malayisia Airlines (MAS) will begin A330-300 services on its Sydney-Kuala Lumpur route from tomorrow.

The 283-seater aircraft services from Sydney replaces the evening B777-200 departures and will be double daily from April 1, MAS said in a statement.

The MH140 flight departs Sydney daily at 9.55pm and will arrive in Kuala Lumpur at 3.20am the following day, while from April 1, flight MH122, the second daily A330-300 service departs Sydney at 3.40pm and will arrive in Kuala Lumpur the same day at 8.50pm.

The return flight, MH141, will leave Kuala Lumpur daily at 9am to arrive in Sydney at 7.55pm, while the MH123 daily service departs Kuala Lumpur at 10.50pm and will arrive in Sydney at 9.45am the following day.

"The introduction of this new aircraft will reinforce MAS' position in the Australasian market, giving customers the opportunity to experience the latest state-of-the-art product, coupled with our award-winning hospitality," the nationsl carrier said.

MAS operates 51 weekly flights from Australian cities to Malaysia -- Sydney and Melbourne, both 14 flights each, Perth (11 flights), Adelaide (seven flights) and Brisbane (five flights).-- Bernama

Short-term rates to remain stable

Posted: 05 Mar 2013 06:06 PM PST

Short-term rates are expected to remain stable Wednesday, with Bank Negara Malaysia intervening to absorb excess liquidity from the financial system, dealers said.

The central bank estimated today's surplus at RM30.532 billion in the conventional system and RM7.725 billion in Islamic funds.

Bank Negara will call for a conventional tender for RM6 billion for five to 92 days. It will also conduct a repo tender for RM300 million for 92 days.

The central bank will call for four Al-Wadiah tenders for RM500 million for seven days, RM500 million for 14 days, RM700 million for 21 days and RM1.7 billion for 28 days.

At 4pm, the central bank will call for a conventional overnight tender for up to RM24.5 billion and a RM4 billion Al-Wadiah overnight tender.-- Bernama
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