Malaysia Airlines Intensifies China Engagement To Boost Passenger And Cargo Growth

BEIJING, May 30 (Bernama) -- Malaysia Airlines is intensifying efforts to deepen bilateral cooperation, boost passenger volumes, and enhance cargo exchanges between China and Malaysia, reaffirming its commitment to being the preferred carrier connecting China with Malaysia and the broader global market.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

Global Business On Edge: Uncertainty Now Bigger Threat Than Red Tape

KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.

Malaysia To Emerge As Top Destination For Medical Tourism -- IHH Healthcare

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has bright prospects in medical tourism, driven by its highly trained doctors, excellent facilities and competitive currency, said IHH Healthcare Bhd.

ASEAN-China Trade Deal Upgrade To Boost Investment, Trade — ASEAN Sec-gen

By Nurul Hanis Izmir

KUALA LUMPUR, May 25 (Bernama) -- The upgraded ASEAN-China Free Trade Area (CAFTA) 3.0 agreement, set to be signed later this year, marks a key milestone in strengthening trade, investment and connectivity between the two economic powers, ASEAN Secretary-General Dr Kao Kim Hourn said.

Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

Labuan-Based Vivendi Asset Making Waves In Global Tuna Industry

LABUAN, May 21 (Bernama) -- Labuan-based fisheries company Vivendi Asset Sdn Bhd has quietly become a major international player in the global tuna and seafood market despite remaining relatively unknown locally.

Airbus Sees Increasing Demand For A400M Fleet

LANGKAWI, May 21 (Bernama) -- Airbus Defence and Space sees that its A400M is gaining traction across the region, driven by rising demand for versatile air mobility solutions in Asia-Pacific.

ASEAN, Dialogue Partners Reaffirm Support For Rules-Based Multilateral Trading System - MITI

KUALA LUMPUR, May 20 (Bernama) – The ASEAN Economic Ministers’ (AEM) consultations with China, Australia, New Zealand (NZ) and Japan have separately reaffirmed commitment to a rules-based multilateral trading system, with the World Trade Organisation at its core.

Ringgit Closes Lower Against Greenback Despite Weaker US Dollar Index

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Australia Negotiating With Malaysia To Boost Halal Export Trade

KUALA LUMPUR, May 19 (Bernama) – Australia is negotiating with Malaysia on a strategic partnership to boost its halal meat export industry.