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Elegant Hotel Collection Strengthens Asia Pacific Presence With New CEO

KUALA LUMPUR, May 13 (Bernama) -- Elegant Hotel Collection, the pioneering luxury soft brand powered by HotelREZ, has taken a strategic step toward expanding its global footprint with the appointment of Anita Chan as Chief Executive Officer (CEO) for Asia Pacific.

Flight Woes Due To Regional Conflicts Demand Malaysia’s Pivot Toward Digital, Trade Diversification -- Expert

KUALA LUMPUR, May 9 (Bernama) -- Malaysia’s aviation industry will likely record lower revenues as it faces higher air travel costs, supply chain delays and reduced tourism activity owing to prolonged flight disruptions.

EXIM Bank, Marrybrown Ink Strategic MoU To Drive Chain's Expansion Into Australia

KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.

Pavilion REIT Unitholders Approve RM480 Mln Hospitality Acquisition

KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.

Affin Gets A3 Rating With Stable Outlook From Moody's

KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.

Johari To Lead Delegation On 3-day Official Mission To Kenya

KUALA LUMPUR, May 6 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani is leading a delegation on an official economic and technical mission to Kenya from May 6-8.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Nuren Group Plans Nasdaq IPO, Engages ZICO Evolve Capital As Financial Advisor

KUALA LUMPUR, May 5 (Bernama) -- Malaysia-based technology company Nuren Group Ltd (Nuren) plans to list on the Nasdaq Stock Exchange in the United States (US).

Johari Urges Palm Oil Industry To Support Biofuel Initiative

KUANTAN, April 29 (Bernama) – Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has urged palm oil industry players to support the TG2 Black Pellet initiative, a renewable biofuel innovation capable of replacing coal in power generation.

Continental To Cease Tyre Production At Alor Setar Plant By Year-end

KUALA LUMPUR, April 28 (Bernama) -- Continental will shut down its tyre manufacturing operations at its Alor Setar plant by the end of 2025.

GCCA Unveils Maiden Carbon Rating System For Cement And Concrete

KUALA LUMPUR, April 28 (Bernama) -- The Global Cement and Concrete Association (GCCA) has launched Low Carbon Ratings (LCR) for Cement and Concrete, a first-of-its-kind transparent global rating system that will enable cement and concrete to be identified based on their carbon footprints.

Bin Zayed Invests US$500 Mln In Aviation Fuel Refinery Project 

KUALA LUMPUR, April 25 (Bernama) -- Bin Zayed International (M) Bhd (BZI) will invest US$500 million to develop a sustainable aviation fuel (SAF) refinery – the world’s first integrated facility in Port Klang – which will set to position Malaysia at the forefront of clean aviation fuel production.