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AirAsia X Posts Net Loss Of RM154.88 Mln In First Quarter Due To Depreciation Of Local Currencies

KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.

Fima Corp's Unit Bags Three Contracts From MOE Worth RM197.09 Mln

KUALA LUMPUR, May 14 (Bernama) -- Manufacturing, plantation and property management company, Fima Corporation Bhd’s wholly-owned subsidiary, Percetakan Keselamatan Nasional Sdn Bhd (PKN) has accepted three letters of acceptance (LOA) from the Ministry of Education (MOE) worth RM197.09 million.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

SCIB Gets Shareholder Nod For RM151.19 Mln Disposal Exercise

KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).

RegASK AI Platform Streamlines Regulatory Operations At CellCarta

KUALA LUMPUR, April 22 (Bernama) -- RegASK, the agentic artificial intelligence (AI) platform redefining regulatory intelligence, has announced the results of a year-long collaboration to modernise CellCarta’s regulatory intelligence operations.

Credit Guarantees, Regulatory Relief Support MSMEs Amid Energy Crisis

By Siti Noor Afera Abu

KUALA LUMPUR, April 20 (Bernama) -- The Malaysian government has moved swiftly to roll out targeted assistance measures to help micro, small and medium-sized enterprises (MSMEs) sustain operations amid a global energy crisis triggered by conflict in West Asia, as authorities acknowledge mounting pressures on small businesses.

RM5 Bln Guarantee, e-Invoicing Flexibility To Aid MSMEs Amid Global Energy Crisis - PM Anwar

PUTRAJAYA, April 20 (Bernama) -- The government has announced several measures to help micro, small and medium enterprises (MSMEs) sustain operations amid the global energy crisis and the West Asia conflict, which have raised operating costs and disrupted supply chains.

Auto Sales In March 2026 Up 21 Pct Versus February's Figure

KUALA LUMPUR, April 20 (Bernama) -- Malaysia's automotive industry recorded a 21 per cent increase in total industry volume (TIV) to 63,489 vehicles in March 2026 compared to the preceding month.

AM Best Withdraws Delta Affiliates' Performance Assessment

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.

AirAsia X Passengers Increase to 18.9 Million In The First Quarter Of 2026

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd announced its consolidated air operating certificates (AOCs) have carried about 18.9 million passengers in the first quarter of 2026 (1Q2026), up by nine per cent year-on-year (y-o-y) driven by a surge in domestic demand. 

Sunsuria Increases Stake In KL City Gateway To 61 Pct

KUALA LUMPUR, April 10 (Bernama) -- Sunsuria Bhd has completed its acquisition of an additional 41.00 per cent equity interest in KL City Gateway Sdn Bhd (KLCG), increasing its shareholding from 20 per cent to 61 per cent.