AirAsia X Net Profit Soars To RM35.22 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago. 

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.

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

MITI Updates Manufacturing Incentive Framework To Boost Economic Complexity – Tengku Zafrul

KUALA LUMPUR, Aug 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is updating its investment incentive framework for the manufacturing sector, to ensure it is aligned with intended outcomes. 

Malaysia Well-Positioned For Regional Operations

By Nor Baizura Basri

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia continues to stand out across various industry sectors as a credible and well-positioned base for establishing and expanding regional operations, according to a consulting firm.

EPB Group Announces Partnerships With Shenzhen Honglin, Nidec

GEORGE TOWN, Aug 21 (Bernama) -- EPB Group Bhd, a one-stop food processing and packaging machinery solutions provider, has announced its partnership with Shenzhen Honglin Machinery Equipment Co Ltd to drive automation and market expansion across Southeast Asia 

Bursa Malaysia Up 70 Points Since Tabling Of 13MP – Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia has recorded an increase of 70 points up to today since the 13th Malaysia Plan (13MP) was tabled, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Impact Of US Market Restrictions On Malaysian Palm Oil Expected To Be Minimal

 KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.

Titijaya, Mines Heights In JV For RM554 Mln GDV Development

KUALA LUMPUR, Aug 20 (Bernama) -- Titijaya Land Bhd’s (Titijaya) wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd (Titijaya Development), has signed a joint venture agreement with Mines Heights Development Sdn Bhd (Mines Heights).

Tengku Zafrul Reiterates Difference Between MIDA-Approved Investments And Net FDI Reported By DoSM

KUALA LUMPUR, Aug 19 (Bernama) -- The Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz reiterated that the investment figures approved by the Malaysian Investment Development Authority (MIDA) refer specifically to the compilation of proposed investments that have been approved.

KPS Consortium's Unit Buys RM30 Mln Land, Factory In Klang

KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.

Cost-benefit Analysis Needed To Find Out Tasik Kenyir's Suitability As Data Centre, AI Hub -- Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) -- The government will have to conduct a cost-benefit analysis (CBA) before considering Tasik Kenyir as a data centre and artificial intelligence (AI) hub, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.