BUSINESS News List

World Bank president joins GIP as vice chairman

KUALA LUMPUR, Jan 10 (Bernama) – Global Infrastructure Partners (GIP) announced today that World Bank president, Dr Jim Yong Kim, will join as partner and vice chairman on Feb 1.

Toshiba Memory unveils BG4 series single package solid state drive

KUALA LUMPUR, Jan 10 (Bernama) – The world leader in memory solutions, Toshiba Memory Corporation, announced the BG4 series – a new line-up of single package NVMe™ Solid State Drives (SSDs) with capacities up to 1,024GB.

Sapura Energy's JV seeks financial assistance of US$350 mln-US$550 mln

KUALA LUMPUR, Jan 9 (Bernama) -- Seb Upstream Sdn Bhd (SUP), a joint venture (JV) company between Sapura Energy Bhd (SEB) and OMV Aktiengesellschaft (OMV AG), is seeking financial assistance of between US$350 million and US$550 million (US$1=RM4.113).

IATA expects global passenger demand up 6 pct in 2019

KUALA LUMPUR, Jan 9 (Bernama) -- The International Air Transport Association (IATA) has maintained a six per cent passenger demand growth this year, amid uncertainties from trade tensions, protective tariffs and Brexit.

AirAsia's cargo and logistics unit ties up with Tasco

KUALA LUMPUR, Jan 9 (Bernama) -- AirAsia Group Bhd's cargo and logistics arm, RedCargo Logistics Sdn Bhd, has entered into its first direct partnership with freight forwarder Tasco Bhd effective Jan 1.

Willis Lease Finance closes deal with easyJet Airline

KUALA LUMPUR, Jan 9 (Bernama) -- Willis Lease Finance Corporation (WLFC) has closed a sale and leaseback transaction of 10 Airbus A319 aircraft with easyJet Airline. The aircraft are powered by CFM56-5B engines.

MK Food Valley expands export of Korean Omija drinks

KUALA LUMPUR, Jan 9 (Bernama) -- MK Food Valley Corp. is expanding export of its high-quality Omija beverages made from berries of Omija plants (Maximowiczia chinensis) which grow in an area with very clean air and water.