Batik Air To Launch New Penang-Jakarta Route In October

KUALA LUMPUR, Sept 24 (Bernama) -- Batik Air is set to launch its new route between Penang International Airport and Soekarno-Hatta International Airport in Jakarta starting Oct 1.

Bursa Malaysia To Review Listing Requirements In Tandem With NSRF

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking the public’s feedback on the proposed sustainability reporting enhancements to the Main Market and ACE Market Listing Requirements (LR), in line with the National Sustainability Reporting Framework (NSRF).

AI Increasingly Impacts Consumers' Buying Decisions - Study

KUALA LUMPUR, Sept 24 (Bernama) -- NielsenIQ (NIQ), the world’s leading global consumer intelligence company, in its latest report found consumers remain determined and resilient despite the uncertainty, providing a strategic roadmap for retailers looking to win over consumers over the next 12 to 18 months and beyond.

MAPIM Calls For Cross-political Support To Revitalise, Propel Economy

KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.

Kluang To Become Johor's Logistics Hub

JOHOR BAHRU, Sept 24 (Bernama) -- Kluang will become Johor’s logistics hub following the development of several infrastructure projects such as the Gemas-Johor Bahru Electrified Double Track project (Gemas-JB EDTP), the PLUS highway expansion and federal road upgrading works which will improve the district's connectivity.

RON95 Targeted Subsidy Can Influence Malaysia's Inflation Trends, Says Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s inflation rate easing to 1.9 per cent in August 2024 has raised concerns about the implications of a RON95 targeted subsidy mechanism, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

LYB Starts Constructions Of Advanced Recycling Plant In Germany

KUALA LUMPUR, Sept 23 (Bernama) -- LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.

Akwel Anticipates Minor Sales Drop For Current Fiscal Year

KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)

Mary Kay Now In Kyrgyzstan, Enriching Beauty And Empowerment Globally

KUALA LUMPUR, Sept 23 (Bernama) -- Mary Kay Inc, a global leader in skin care and cosmetics, announced its expansion into Kyrgyzstan, marking a significant milestone in its ongoing international growth strategy.

Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).