Global Passenger Demand Up 8.0 Pct In April 2025 - IATA

KUALA LUMPUR, May 29 (Bernama) -- Global passenger demand rose 8.0 per cent in April 2025 compared to the same month last year, according to the International Air Transport Association (IATA).

Global Air Cargo Demand Up By 5.8 Pct Y-o-y In April - IATA

KUALA LUMPUR, May 29 (Bernama) -- The International Air Transport Association (IATA) has reported a year-on-year (y-o-y) increase in global air cargo demand for April 2025.

Axiata’s Shares Jump On Strong 1Q Net Profit, HLIB Upgrades To ‘Buy’

KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).

Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

Global Air Passenger Demand Up 3.3 Pct In March 2025 - IATA

KUALA LUMPUR, April 30 (Bernama) -- Global air passenger demand rose by 3.3 per cent in March 2025, compared to the 2.7 per cent growth reported for February, according to the International Air Transport Association (IATA).

Bursa Malaysia Roars Back, CI Jumps 1.63 Pct On Bargain Hunting, Foreign Funds

By Zufazlin Baharuddin

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia bounced back from yesterday’s losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties.

Bursa Malaysia Ends Lower Amid US Tensions, Cautious Market

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.

IATA Urges Govts To Scale Up SAF Production Through Policy Frameworks

KUALA LUMPUR, April 15 (Bernama) -- The International Air Transport Association (IATA) has urged governments to implement policy frameworks to scale up sustainable aviation fuel (SAF) production and reduce costs, saying that SAF volumes remain far below what is needed and production costs continue to be high.

Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

RHB Bank Subscribes To Additional Shares In Boost Bank Worth RM51 Mln

KUALA LUMPUR, March 27 (Bernama) -- RHB Bank Bhd has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40 per cent equity interest in the digital bank.

Bursa Malaysia Extends Winning Streak, Leads Asia In Market Performance

By Abdul Hamid A Rahman

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.