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AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.

AirAsia Codeshares With Turkiye's Pegasus Airlines, Open Access To 160 Destinations

KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia has launched its first codeshare partnership with Turkiye’s low-cost carrier (LCC), Pegasus Airlines, connecting Southeast Asia and Europe via Istanbul.

Boomi Accelerates Bakers Delight’s Digital Rollout

KUALA LUMPUR, Sept 2 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced that Bakers Delight has modernised its digital marketing systems using the Boomi Enterprise Platform, significantly reducing the time required to roll out new systems.

MIDA To Hold East Coast Region Investment Seminar 2026 On Sept 8

KUALA LUMPUR, Sept 2 (Bernama) -- The Malaysian Investment Development Authority (MIDA) will be organising the East Coast Region Investment Seminar 2026 on Sept 8, focusing on the role of local companies in shaping a more inclusive and competitive East Coast industrial ecosystem.

Vietnam's Sun Phuquoc Airways Launches Direct KL-Phu Quoc Service

KUALA LUMPUR, Sept 2 (Bernama) -- Vietnam-based full-service carrier Sun PhuQuoc Airways (SPA) launched its direct Kuala Lumpur (KL)-Phu Quoc service on Sept 1, 2026, marking the inaugural flight of the new route and opening a new chapter in air connectivity between Malaysia and Vietnam’s popular island destination.

Budget 2027 Should Strengthen Port, Transport Links To Improve Supply Chains -- Operators

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 2 (Bernama) -- Port operators hope stronger connectivity between ports and major transport infrastructure will be prioritised in the upcoming Budget 2027 to improve supply chains and ensure Malaysia's logistics ecosystem keeps pace with growing trade and investment.

IILM’s US$1.353 Bln Short-Term Sukuk Oversubscribed By 2.43 Times 

KUALA LUMPUR, Sept 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the reissuance of US$1.353 billion (US$1=RM4.03) in short-term sukuk, attracting strong and diversified demand from investors across its network of Islamic financial institutions.

Thailand's SNPS Eyes Malaysian Partners To Leverage Halal Certification For Middle East Markets

From Engku Shariful Azni Engku Ab Latif

BANGKOK, Sept 1 (Bernama) -- Thailand-based natural ingredients manufacturer, Specialty Natural Products Public Company Ltd (SNPS), is open to co-developing products with Malaysian partners to leverage Malaysia’s halal certification as a strategic launchpad into Middle Eastern markets.

Peregrine Cold Logistics Enters Indonesia With Joint Venture 

KUALA LUMPUR, Sept 1 (Bernama) -- Peregrine Cold Logistics (Peregrine), Asia’s unified cold storage and logistics platform, has entered Indonesia through a joint venture with Indonesian real estate developer Sinar Primera to acquire and develop tier-one cold storage assets across the country.

Malaysia-Japan Trade Up 11.8 Pct To US$23.3 Bln In Jan-July 2026 - Johari

KUALA LUMPUR, Sept 1 (Bernama) -- Bilateral trade between Malaysia and Japan rose 11.8 per cent to US$23.3 billion (US$1=RM4.03) in the first seven months of 2026 compared with the same period last year, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

China's Guizhou Builds Integrated AI Value Chain, Eyes Southeast Asian Markets

From Abdul Hamid A Rahman

GUIYANG, CHINA, Sept 1 (Bernama) -- A roughly 40-minute drive from Guiyang to the Gui’an New Area reveals a concentration of technology companies and digital infrastructure that may feel somewhat familiar to a Malaysian visitor, as it bears some resemblance to Cyberjaya.

Batik Air Offers Merdeka Fare Discounts, Retail Perks At Subang Airport

KUALA LUMPUR, Aug 31 (Bernama) -- Batik Air is offering passengers special Merdeka fare discounts and exclusive retail perks at the Sultan Abdul Aziz Shah Airport in Subang as part of a campaign bringing together the airline’s retail partners.