<div class=newsTextDataWrapInner>KUALA LUMPUR (Jan 7): AirAsia Group Bhd will stop charging the RM3 fee for all flights departing from the Kuala Lumpur International Airport 2 (klia2) effective today to keep fares low.</div>

<div class=newsTextDataWrapInner>AirAsia Malaysia CEO Riad Asmat said in a statement today: "Following our announcement last week, we have removed the klia2 fee. We have said from the very beginning that klia2 is not fit for low-cost carrier operations, and we will be going directly to Malaysia Airports Holdings Bhd (MAHB) for all the extra costs they're costing us."</div>

<div class=newsTextDataWrapInner>According to AirAsia's statement, the klia2 fee was introduced in May 2014 to cover the additional cost created at klia2 due to the use of mandatory facilities imposed by MAHB such as aerobridges and SITA check-in and boarding systems.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Jan 7): AirAsia Group Bhd will stop charging the RM3 fee for all flights departing from the Kuala Lumpur International Airport 2 (klia2) effective today to keep fares low.

AirAsia Malaysia CEO Riad Asmat said in a statement today: "Following our announcement last week, we ...

AirAsia ceases RM3 klia2 fee collection

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Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

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Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

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A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

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The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

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Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

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Israel's apparent strike on Iran after days of vacillation was small and appeared calibrated to dial back risks of a major war, even if the sheer fact it happened at all shattered a taboo of direct attacks that Tehran broke days earlier.

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A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

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The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday.

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