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Ascend Airways Malaysia Optimistic On ACMI Business With Operations Targeted For Mid-November

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 28 (Bernama) — Ascend Airways Malaysia is confident of the prospects of its aircraft, crew, maintenance and insurance (ACMI) business, with operations targeted to commence by mid-November this year in line with rising demand and interest in Malaysia and the Asia-Pacific region.

Marriott Vacation Clubs Expands Asia Pacific Footprint With New Resort In Thailand 

KUALA LUMPUR, Aug 28 (Bernama) -- The Marriott Vacation Clubs, under Marriott Vacations Worldwide Corporation, is strengthening its presence in Asia Pacific with the opening of Marriott Vacation Club, Khao Lak Beach Resort in Thailand this August.

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

EdgeconneX Doubles Down With Second 150MW Data Centre In Greater Osaka

KUALA LUMPUR, Aug 27 (Bernama) -- EdgeConneX has announced the acquisition of its second data centre site in the Greater Osaka and Yawata areas of Japan, bringing its total data centre platform capacity to 350 megawatts (MW) of utility power, further highlighting the region's significant scalability potential.

Bursa Malaysia Ends Lower On Profit-taking, Tracking Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Malaysia Secures RM190.3 Bln Approved Investments In 1H 2025, Up 18.7 Pct Y-O-Y

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia has secured RM190.3 billion in approved investments in the first half of 2025 (1H 2025), an 18.7 per cent increase year-on-year (y-o-y), according to Malaysian Investment Development Authority (MIDA).

Ringgit Opens Slightly Higher Ahead Of Fed Speech

KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium later in the day.

Govt To Narrow Regional Development Gap Through Economic Zones -- Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- The government continues to intensify efforts to attract investments to special economic zone development areas to bridge the gap between regions throughout the 13th Malaysia Plan (13MP) period, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MRT Corp: RM16.8 Bln LRT Mutiara Line Budget Reflects Market Conditions, Not Cost Overrun 

KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).

Ras Al Khaimah Rises: Real Estate Boom Redefines UAE’s Northern Emirate

KUALA LUMPUR, Aug 21 (Bernama) -- Ras Al Khaimah is fast becoming one of the United Arab Emirates (UAE)’s hottest property markets, with real estate surging on the back of visionary leadership and strategic development.