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NEWS UPDATES Asean Affairs     27 December 2011

MAS-AirAsia share deal under scrutiny  
27 December, 2011

KUALA LUMPUR: Malaysia Competition Commission (MyCC) will look into the share swap deal between Malaysian Airline System Bhd (MAS) and AirAsia Bhd when the Competition Act 2010 comes into effect Jan 1 next year.

Its chief executive officer, Shila Dorai Raj, said there were already complaints from consumers and they had urged MyCC to look into the deal and whether it would affect them.
“We have not seen the agreement yet but from our initial analysis we think that there could be something.

“(However) we’re not sure because we really need to read the agreement to ensure there’s an element of anti-competitiveness.
“It’s just from newspapers that we have done our own analysis.

“So far neither MAS nor AirAsia has submitted anything to MyCC,” she told reporters after CEO Business Luncheon with MyCC chairman, Tan Sri Siti Norma Yaakob, here yesterday.
Shila said a lot of consumers were aware that MyCC would come into effect Jan 1.

“Where consumers are concerned they would become our priority. If there’s a complaint we will investigate and take necessary action but it does not mean we will be pursuing every complaint.

“It has to be substantial for us to use our resources,” she said.

On whether companies were ready for Competition Act, Shila said, although the state of readiness could be relative, there’s no reason for them not to be ready.
“We have given them ample time, about 18 months to get ready,” she said.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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