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Capital A, PT Garuda Indonesia Invest US$12 Mln In JV To Revolutionise Landing Gear Services

From Soraya Jamal

BALI, Sept 18 (Bernama) -- Capital A Bhd’s subsidiary, Asia Digital Engineering Sdn Bhd (ADE), and PT Garuda Maintenance Facility Aero Asia Tbk (GMF) have entered a strategic partnership for a new landing gear maintenance, repair, and overhaul (MRO) business with a combined investment of US$12 million (US$1 = RM4.25).

ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO

KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).

Gentrification Of Islamic Finance - More Than Just Shariah Compliance 

LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.

Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation

KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.

Al'ard Marks A Decade In Malaysia, Contributing RM50 Mln To Palestine

KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.

National Single Window Initiative Will Boost Malaysia-China Trade -- MITI

KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.

11x Secures US$24 Mln To Advance AI-Powered Digital Workers, Expand Global Footprint

KUALA LUMPUR, Sept 17 (Bernama) -- A pioneering AI startup transforming the modern workforce with autonomous digital workers, 11x announced closing a US$24 million Series A funding round. (US$1=RM4.29)

Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best

KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.

Sarawak's Regional Development Authority Expects Betong Food Basket Project To End 2025

KUCHING, Sept 16 (Bernama) -- The Food Basket Development Project in Spaoh, Betong district, which is part of the Federal Government's food basket initiative is expected to be completed early next year.

MAHA 2024: NEKMAT Aims To Export 'ENNA' Products Through International Collaboration

SERDANG, Sept 16 (Bernama) -- The National Fishermen's Association (NEKMAT) aims to export products under the 'ENNA' brand to overseas markets through collaboration with several companies from Brunei, Indonesia, and the European Union.

Air Traffic Controllers - The Silent Guardians Of Air Safety

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 16 (Bernama) -- Tucked away behind the scenes and high above the ground, the role played by a group of unsung heroes is just as crucial as that of pilots, if not more stressful.

Passion In Technology Transforms Engineer Into Tech-Savvy Farmer

By Zarul Effendi Razali

KUALA LUMPUR, Sept 16 (Bernama) -- Switching vocations from engineering to farming was not an easy decision, however, this was the choice made by Abdul Mu'iz Hanafiah, 30, about two years ago.