Global Air Passenger Demand Rises 10.4 Pct To Hit Record High In 2024 – IATA

KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.

Air Cargo Demand Soars 11.3 Pct In 2024, Surpassing 2021 Record -- IATA

KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

Bursa Malaysia Ends Lower On Continuous Selling, Deepseek Launch Raises Investor Concerns

By Anas Abu Hassan

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.

microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Malaysia's PPI Rises 0.5 Pct Year-on-Year In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.

Citadel Group Expands Into Indonesia, Commits To Nusantara Development

KUALA LUMPUR, Jan 27 (Bernama) -- Citadel Group has announced its expansion into Indonesia with the establishment of PT Citadel Group Indonesia in Jakarta.

Malaysia, Indonesia Committed To Ensure Continued Cooperation Between Petronas And Pertamina -- PM Anwar

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia and Indonesia remain committed to ensuring continued cooperation between the countries’ oil giants Petroliam Nasional Bhd (Petronas) and PT Pertamina (Persero).

Malaysia Eyes Trade Growth With FTA Partners, Emerging Markets This Year -- Tengku Zafrul

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia plans to focus on strategic engagements with free trade agreement (FTA) partners and emerging markets this year in an effort to increase its exports, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.