17d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA).
17d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.
17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Initial public offerings (IPOs) on Bursa Malaysia have performed strongly this year, with expectations that the number of listings will reach 60 companies, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
18d ago
KUALA LANGAT, Dec 8 (Bernama) -- IOI Properties Group Bhd (IOIPG) today launched its 130.31-hectare (322-acre) IOI Industrial Park @ Banting, signifying its progress to advance its industrial segment strategy.
18d ago
KUALA LUMPUR, Dec 8 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) saw an uptick in profitability of eight selected local banking groups rated by the credit rating agency in the third quarter of 2025 (3Q 2025).
19d ago
KUALA LUMPUR, Dec 7 (Bernama) -- Homegrown “kombucha” or fermented tea producer WonderBrew aims to double production in 2026 as it scales up innovation and outlined its strategy to extend its footprint across Southeast Asia, founder and chief executive officer Joseph Poh said.
19d ago
PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities.
19d ago
KUALA LUMPUR, Dec 7 (Bernama) – Malaysia’s maritime sector is sailing towards the end of 2025 in a mixed state, with sub-sectors such as ports emerging as the strongest performers due to expansion in transshipment networks through collaborations with international partners; however, shipping and haulage remain swamped by multi-pronged challenges.
21d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a two-day losing streak to close higher on Friday, supported by bargain buying following a bullish recovery in Dalian Commodity Exchange (DCE) refined, bleached, and deodorised (RBD) palm olein futures, a researcher said.
21d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermuda’s NEWGT Reinsurance Company Ltd (NEWGT).
21d ago
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).
21d ago
KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.