1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The Advanced Technology Research Council’s (ATRC) commercialisation arm, VentureOne, has launched SteerAI, which offers an advanced mobility system powered by artificial intelligence (AI) that can transform standard industrial vehicles into autonomous powerhouses.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- MMAG Holdings Bhd's subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has received the Labuan Financial Services Authority’s (Labuan FSA) approval to establish a wholly-owned subsidiary in Labuan to carry on a leasing business.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6 per cent against claims in May 2024 since the June 10 2024 implementation of targeted diesel subsidy, said the Economy Ministry.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Yinson Production's floating production, storage and offloading (FPSO) vessel Maria Quiteria has achieved first oil on Oct 15, 2024, followed by a successful 72-hour test.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG) and SunLine Transit Agency recently celebrated the opening of a new liquid-hydrogen-based fuelling station in Thousand Palms, California, United States.
1y ago
By Kisho Kumari Sucedaram
MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.