1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
From Kisho Kumari Sucedaram
MANILA, Oct 3 (Bernama) -- With the pressing demand for more efficient and localised aircraft maintenance services, Cebu Pacific, a low-cost carrier in the Philippines, is inviting discussions to establish a local aircraft component maintenance business within Asia’s rapidly expanding aviation sector.
1y ago
From Kisho Kumari
MANILA, Oct 3 (Bernama) -- Philippines is actively exploring joint venture opportunities for the country’s airport development.
1y ago
From Kisho Kumari Sucedaram
MANILA, Oct 2 (Bernama) — Cebu Pacific, the Philippines' low-cost carrier, has signed a landmark purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF engines.
1y ago
MANILA, Oct 2 (Bernama) — Asia Pacific business aviation has plenty of growth opportunities, including the Sultan Abdul Aziz Shah Airport in Malaysia, and the sector is set to have a bullish outlook next year, according to the International Business Aviation Council (IBAC).
1y ago
MANILA, Oct 2 (Bernama) — The Philippines aviation industry is on the cusp of a significant transformation, and is poised to become an aviation hub in Asia by 2028, lifted by its airport privatisation initiatives and the completion of its new airport.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.
1y ago
VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.
1y ago
From Norsyafawati Ab Wahab
VIENTIANE (LAOS), Sept 27 (Bernama) -- Japan, South Korea and China have agreed to channel technical expertise to ASEAN to empower the development of the renewable energy (RE) and clean energy sector.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.