Capital A Rises In Early Trade On Network Expansion Plans In Indonesia
KUALA LUMPUR, Sept 20 (Bernama) -- Capital A Bhd rose in early trade today following plans to expand its network in Indonesia, particularly in East Nusa Tenggara.
| LATEST NEWS | PPB Group posted a net loss of RM2.73 billion in FY2025 on the back of RM5.43 billion revenue, recognising an impairment charge of RM4.17 billion in respect of its investment in Wilmar | IGB Bhd posts RM361.02 million net profit for FY2025, from RM416.22 million in FY2024 | Ringgit closed lower at 3.8910/8960 versus US dollar from 3.8865/8925 yesterday | Allianz net profit rises to RM958.78 million in FY2025 from RM770.74 million in FY2024 | SP Setia Bhd’s net profit slipped to RM509.96 mln for FY2025 from RM575.95 mln in FY2024 | |
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AirAsia Eyes Expansion In Eastern Indonesia With New Routes
From Soraya Jamal
BALI, Sept 19 (Bernama) -- AirAsia is planning to expand its network in Indonesia, particularly in East Nusa Tenggara, the southernmost province of the country, according to Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
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).
Ringgit Maintains Uptrend Against US Dollar In Anticipation Of Fed Rate Cut
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit has been on a uptrend against the US dollar today, moving to its highest close since Feb 2, 2023 at the close of trading today.
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.
ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.
India Hikes Import Tax On Palm Oil, Other Edible Oils By 20 Pct
By Shakir Husain
NEW DELHI, Sept 14 (Bernama) -- India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers.