AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

Capital A Optimistic About Exiting PN17 Status By Year-end -- Tony Fernandes

KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.

Melaka Poised To Become EV Manufacturing Hub

MELAKA, Oct 14 (Bernama) -- The Melaka state government is committed to positioning the state as a leading hub for electric vehicle (EV) production in Malaysia, in line with Sustainable Development Goal 13 (SDG13), which emphasises urgent action to combat climate change and its impacts.

EBC Financial Group Improves Liquidity, Reduces Trading Costs On Major Stock Indices

KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).

Former Maybank CEO Amirsham Is Alliance Bank's New Chairman

KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.

Eco Expo Asia 2024 To Gather Green Industry Leaders Worldwide

KUALA LUMPUR, Oct 11 (Bernama) -- The Hong Kong Trade Development Council and Messe Frankfurt (HK) Ltd will jointly organise Eco Expo Asia 2024, along with the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region, from Oct 30 to Nov 2.

AirAsia Drives KLIA To Top Global LCC Megahub Status, Announces New Routes

KUALA LUMPUR, Oct 10 (Bernama) -- AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.

MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

Labuan’s Asia International Exchange Launches Revolutionary Digital Asset Platform

LABUAN, Oct 9 (Bernama) -- The Asia International Exchange (AIX) marked a significant milestone today with the soft launch of its digital asset platform, positioning Labuan as a key financial technology (fintech) hub in the region. 

Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 9 (Bernama) -- Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

PIAM Appoints Chua Kim Soon As CEO Effective Oct 7

KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.

Asia Must Address Climate Change And Rising Energy Demand -- Mitsubishi Power

KUALA LUMPUR, Oct 8 (Bernama) -- Asian countries must address both climate change and rising energy demand to meet their economic ambitions, said Mitsubishi Power executive vice-president Takao Tsukui.