29d ago
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.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain Malaysia's oil and gas production at two million barrels of oil equivalent per day (mmboe/d) through 2028, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz today.
29d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.
29d ago
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.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Pacifica Hotels G.K. and its subsidiary Furano Hospitality G.K. have signed a franchise agreement with Marriott International to develop Westin Hokkaido Furano Resort, marking the first Westin resort in Japan and the brand’s debut in Hokkaido.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Anaqua has unveiled key findings from its 2026 Semiconductor Industry Patent Report: AI & Innovation Trends report, revealing a market undergoing structural transformation, driven significantly by the demands of artificial intelligence (AI).
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Boomi announced that Brickworks has modernised its integration architecture using the Boomi Enterprise Platform, unlocking previously inaccessible enterprise data, accelerating technology delivery and building a scalable foundation for future growth.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- MNRB Holdings Bhd has established a commercial paper (CP) programme of up to RM500 million in nominal value to raise funds for its working capital, investments, capital expenditure and other corporate purposes.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Boomi announced that HEB Construction has established a single source of truth to automate bios and resumes supporting part of its tender process via the Boomi Enterprise Platform, giving teams instant access to accurate, reusable information.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has announced the issuance of 400 million new units of Amanah Hartanah Bumiputera (AHB) for subscription by Bumiputera investors, raising the fund’s total units to 5.4 billion.
29d ago
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.
29d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday but pared its gains soon after, tracking Wall Street’s overnight weakness as higher crude oil prices and rising United States (US) bond yields weighed on market sentiment.