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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.

Petronas To Sustain Production At Two Million Barrels Of Oil Equivalent Per Day Through 2028

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.

Ringgit Weakens Against US Dollar, Mixed Against Other Major Currencies

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.

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.

Westin Hokkaido Furano Resort To Open In Summer 2029 

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.

Anaqua: AI Drives Surge In Semiconductor Patenting

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).

Boomi Enables Brickworks To Modernise Integration Architecture 

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.

MNRB Holdings Establishes RM500 Mln Commercial Paper Programme

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.

Boomi Helps HEB Construction Streamline Tender Process With AI

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.

PHB Expands AHB Fund With 400 Mln New Units

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.

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.

Bursa Malaysia Pares Early Gains On Wall Street Weakness

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.