1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- EPB Group Bhd subsidiary Easy Pack Machinery Sdn Bhd has signed a sale and purchase agreement with Penang Development Corporation to acquire a parcel of industrial land located at Plot P23B, Penang Science Park North for RM22.49 million
1y ago
By Jailani Hasan
LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.
1y ago
KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.