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Aviation Sector Pushing Resilience, Sustainability Amid Global Shifts - ACI

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Airports are evolving beyond their traditional role as transportation hubs, and they are increasingly focusing on resilience, sustainability and adaptability amid a rapidly changing global landscape, according to Airports Council International (ACI) Asia-Pacific and Middle East director-general Stefano Baronci.

ASEAN Sees Geopolitical Uncertainties As Opportunity To Accelerate Aviation Reforms

From Kisho Kumari Sucedaram 

BANGKOK, May 13 (Bernama) -- ASEAN sees the current geopolitical and economic uncertainties affecting the aviation sector as an opportunity to deepen regional cooperation and accelerate long-pending aviation reforms, according to ASEAN Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh.

MK Land Achieves Financial Close For Solar PV Plant In Kulim

KUALA LUMPUR, May 13 (Bernama) -- MK Land Holdings Bhd, through its renewable energy subsidiary, Citra Energies Sdn Bhd, has achieved financial close for the development of a 29.99 megawatt alternating current solar photovoltaic (PV) plant in Kulim, Kedah.

Penang Port Strengthens Precautionary Measures At SPCT Following Hantavirus Alert

GEORGE TOWN, May 13 (Bernama) – The Penang Port Commission (PPC) has strengthened precautionary and health surveillance measures at the Swettenham Pier Cruise Terminal (SPCT) following international reports of a cluster of Hantavirus cases linked to a cruise ship.

UEM Group Channels RM5.5 Bln On Bumiputera Procurement From 2023-2025

KUALA LUMPUR, May 13 (Bernama) -- UEM Group Bhd and its subsidiaries spent a total of RM5.5 billion on procurement from Bumiputera vendors and suppliers between 2023 and 2025, said managing director Datuk Amran Hafiz Affifudin.

Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.

Malaysia's MRO Market On Track To Achieve RM55 Bln Revenue Target By 2030 - Sim

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s maintenance, repair and overhaul (MRO) market is on track to achieve RM55 billion in revenue target by the end of 2030 under the Malaysia Aerospace Industry Blueprint (MAIB) 2030, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Significant Opportunities For Malaysia, China To Deepen Collaboration In Palm Oil Sector -- Noraini

KUALA LUMPUR, May 12 (Bernama) -- Malaysia and China share significant opportunities to deepen collaboration in value-added industries for palm oil, particularly as demand continues to grow for sustainable, performance-driven, and application-specific palm-based products.

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.

KLCI Futures Close Higher

KUALA LUMPUR, May 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday, in line with the gains in the cash market.

PayDibs Strengthens PayNet Ecosystem Participation With Direct Duitnow QR Access

KUALA LUMPUR, May 12 (Bernama) -- Paydibs Sdn Bhd has onboarded as a direct participant with Payments Network Malaysia (PayNet) for DuitNow QR (DNQR) acceptance, marking a significant upgrade for the payment service provider's infrastructure.

Negeri Sembilan Poised To Transform Into High-value Manufacturing Hub -- Sim

SEREMBAN, May 12 (Bernama) -- Industrial development in Negeri Sembilan is now entering a new phase as the state is transitioning from an assembly and support hub to a high-value manufacturing hub, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.