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Cebu Pacific Signs Purchase Agreement For Up To 152 A321 Neos, Valued At US$24 Bln 

From Kisho Kumari Sucedaram

MANILA, Oct 2 (Bernama) — Cebu Pacific, the Philippines' low-cost carrier, has signed a landmark purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF engines. 

IBAC Sees Bullish Outlook For Business Aviation In Asia Pacific, Malaysia In 2025

MANILA, Oct 2 (Bernama) — Asia Pacific business aviation has plenty of growth opportunities, including the Sultan Abdul Aziz Shah Airport in Malaysia, and the sector is set to have a bullish outlook next year, according to the International Business Aviation Council (IBAC).

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Indonesian Tycoon Lauds Anwar's Affirmative Action To Safeguard Bumiputera Interests

PUTRAJAYA, Oct 2 (Bernama) -- The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.

Philippines Poised To Become Aviation Hub In Asia By 2028

MANILA, Oct 2 (Bernama) — The Philippines aviation industry is on the cusp of a significant transformation, and is poised to become an aviation hub in Asia by 2028, lifted by its airport privatisation initiatives and the completion of its new airport.

Crown Bioscience Bolsters Singapore Facility With Advanced Oncology Models, Imaging Capabilities

KUALA LUMPUR, Oct 2 (Bernama) -- Crown Bioscience, a global contract research organisation (CRO) has announced an expansion of its facility in Singapore with new oncology research models and state-of-the-art imaging technologies.

Malaysia's Medtech Sector Poised For High-value Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s medical technology (medtech) industry has witnessed impressive growth, reaffirming the country’s position as a key player in the global medtech landscape, said the Malaysian Investment Development Authority’s (MIDA) and Association of Malaysian Medical Industries (AMMI).

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

Oracle to Invest More Than US$6.5 Bln in AI and Cloud Computing In Malaysia

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.

IILM Reissues US$1.14 Bln Short-term Sukuk

KUALA LUMPUR, Oct 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.14 billion (US$1=RM4.1530) short-term sukuk across tenors of one, three, and 12 months, respectively.

Third Sector In Islamic Finance Can Play Significant Role In Sutainable, Equitable Development - Fadillah

PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Tokyo Game Show 2024 Attracts Over 274,000 Participants

KUALA LUMPUR, Oct 1 (Bernama) -- The Tokyo Game Show (TGS 2024), held from Sept 26-29 at Makuhari Messe in Chiba, Japan, attracted 274,739 participants, up from 243,238 in 2023.