From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.
GEORGE TOWN, Dec 8 (Bernama) -- Batik Air today expanded its network from Penang International Airport (PEN) with the launch of new routes to Singapore (SIN) and Kualanamu, Medan (KNO), reinforcing Penang’s role as a northern gateway and strengthening regional connectivity.
KUALA LUMPUR, Nov 29 (Bernama) -- The Bureaucratic Red Tape Reform (RKB) initiative under the Ministry of Investment, Trade and Industry (MITI) is already translating into tangible impact, improving service delivery, reducing red tape and fostering a more business-friendly environment.
KUALA LUMPUR, Nov 24 (Bernama) -- The bilateral import and export trade between Malaysia and Guangxi, an autonomous region in southern China, has increase by 26 per cent to over US$2.05 billion (US$1=RM4.1370) last year, according to the Department of Industry and Information Technology of Zhuang Autonomous Region.
From Saraswathi Muniappan
NAIROBI, Nov 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived in Nairobi, Kenya, at 5 pm local time (Malaysia 10 pm) for his official visit, the last leg of the three-country African tour.
LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.
BATU GAJAH, Nov 6 (Bernama) -- More than 20,000 job opportunities will be created through the Ipoh Sentral development project which is expected to be a major catalyst for Perak's economic growth in the next few years.
KUALA LUMPUR, Oct 29 (Bernama) -- Asia-Pacific airlines recorded a 6.8 per cent year-on-year (y-o-y) growth in air cargo demand in September, while cargo capacity rose 4.8 per cent y-o-y during the same period, said the International Air Transport Association (IATA).
KUALA LUMPUR, Oct 16 (Bernama) – Malaysia could begin its nuclear power development with floating power units (FPUs) as an initial step towards establishing nuclear capacity by 2031, said Rosatom Energy Projects project director Alexander Tsibulya.
KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) and the World Bank Group, in partnership with ASEAN, today launched the ASEAN Power Grid (APG) Financing Initiative to support the development and integration of national power grids across the region.
