Investors Eye Budget 2025 For Family Office Framework In Malaysia - OCBC

KUALA LUMPUR, Sept 24 (Bernama) -- Investors are keenly awaiting Budget 2025, scheduled for Oct 18, for announcements on the regulatory framework for establishing family offices in Malaysia, said OCBC Global Markets Research.

AirAsia Cambodia’s Siem Reap-Singapore Route To Propel the Kingdom’s Aviation Sector

From Vijian Paramasivam

PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.

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.

Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO

BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.

AirAsia To Add 2,000 Weekly Flights, 150,000 Seats Across 40 Key Routes By Year-end

KUALA LUMPUR, Sept 23 (Bernama) -- AirAsia is expanding its domestic connectivity across Malaysia with the addition of 2,000 weekly flights and 150,000 seats across 40 key routes by the end of the year. 

Bursa Malaysia Set To Trend Higher Next Week

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.

MPOB Achieves 70 Pct Mapping Of Oil Palm Smallholders In Nationwide Plantation Coverage Project

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 16 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70 per cent of independent smallholders as part of its project to chart oil palm plantation coverage across the country.