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ASEAN Data Centre Market Can Reach US$11 Bln By 2028 - Maybank IB

KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.

Investors Eye Budget 2025 For Family Office Framework In Malaysia - OCBC

KUALA LUMPUR, Sept 24 (Bernama) -- Investors are keenly awaiting Budget 2025, scheduled for Oct 18, for announcements on the regulatory framework for establishing family offices in Malaysia, said OCBC Global Markets Research.

AirAsia Cambodia’s Siem Reap-Singapore Route To Propel the Kingdom’s Aviation Sector

From Vijian Paramasivam

PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.

Fadillah To Lead Malaysian Delegation At ASEAN Energy Summit In Laos

From Norsyafawati Ab Wahab

VIENTIANE (LAOS), Sept 24 (Bernama) -- Deputy Prime Minister, Datuk Seri Fadillah Yusof, who is also Minister of Energy Transition and Water Transformation, will lead Malaysia's delegation to the 42nd ASEAN Ministers on Energy Meeting (AMEM) and its associated meeting in Vientiane, Laos, from Sept 26 to 27.

IATA Urges Govt To Introduce Incentives Or Tax Credits In Budget 2025 To Support SAF

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) urges the government to consider introducing incentives or tax credits in the upcoming Budget 2025 to support Malaysia’s emerging sustainable aviation fuel (SAF) industry.

Akwel Anticipates Minor Sales Drop For Current Fiscal Year

KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)

Mary Kay Now In Kyrgyzstan, Enriching Beauty And Empowerment Globally

KUALA LUMPUR, Sept 23 (Bernama) -- Mary Kay Inc, a global leader in skin care and cosmetics, announced its expansion into Kyrgyzstan, marking a significant milestone in its ongoing international growth strategy.

EBC Bolsters Global Leadership With BrokersView Best Trading Experience Award

KUALA LUMPUR, Sept 23 (Bernama) -- EBC Financial Group (EBC) has been awarded the “Best Trading Experience” Award recently at the BrokersView Award Ceremony in Vietnam, once again solidifying its position as a world-class leader in the financial industry specialising in forex, contract for differences (CFDs), and stocks.

SC Unveils Family Office Incentive Scheme To Boost Investment

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission Malaysia (SC) today unveiled the framework for a new Family Office incentive scheme designed to enhance Malaysia's investment landscape.

LRN Corporation Is ICA Compliance Awards 2025 Exclusive Headline Partner

KUALA LUMPUR, Sept 23 (Bernama) -- LRN Corporation, the world’s largest dedicated ethics and compliance company, has become the exclusive headline partner of the ICA Compliance Awards 2025.

Preqin Expects Global Alternative Markets To Surpass US$30 Trillion By 2030

KUALA LUMPUR, Sept 23 (Bernama) -- Preqin in its Future of Alternatives 2029 report forecasted the global alternatives industry to reach US$29.2 trillion in assets under management (AUM) by 2029, from US$16.8 trillion at the end of 2023. (US$1=RM4.20)