1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) reported a total of 11.2 million passenger movements across its airport network in November 2024, reflecting a robust 16.1 per cent growth compared to November 2023 and reaching 96.7 per cent of pre-pandemic levels.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Hong Kong (HKG) to Taipei (TPE) route has been revealed as the world’s busiest international route in 2024, according to a latest analysis by OAG.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- A total of 14,739 applications for 305.54 million shares with a value of RM534.71 million were received from the Malaysian public for TMK Chemical Bhd’s initial public offering (IPO) en route to its listing on the Main Market of Bursa Malaysia, for an oversubscription of 14.28 times.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Northport (Malaysia) Bhd has achieved new annual throughput records in its container and conventional cargo business segments, handling 3,328,508 twenty-foot equivalent units (TEUs) as of Nov 27, 2024, surpassing its previous annual record of 3,324,364 TEUs set in 2021.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has taken delivery of its first A330neo aircraft, according to Airbus.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is expected to sustain strong passenger traffic growth in 2024-2025, supported by rising demand from key markets such as China, India, and Southeast Asia.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd, en route to a listing on Bursa Malaysia’s Ace Market on Dec 19, 2024, aims to raise RM19.79 million through its initial public offering (IPO).
1y ago
GEORGE TOWN, Nov 25 (Bernama) -- The launch of the direct flight between Chennai and Penang will open up new opportunities for Penang’s tourism industry, thus enhancing the sector's resilience against risks and boosting the state's competitiveness in the global tourism market.