DHL Investing RM300 Mln On KL Gateway Facility
SEPANG, Oct 28 (Bernama) -- DHL Express has increased its investment in Malaysia with the launch of its new RM300 million Kuala Lumpur Gateway facility -- its largest local investment to-date.
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RHB IB Keeps 'Neutral' Call On Transportation Sector
KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.
MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).
Resilient Cash Flow Amid GN3 Status, Says MMAG Director
SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.
Global Air Cargo Demand Grows 11.4 Pct In August 2024 - IATA
KUALA LUMPUR, Oct 3 (Bernama) -- Global air cargo markets demonstrated robust annual growth in demand for August 2024, with cargo tonne-kilometers (CTKs) rising by 11.4 per cent compared to August 2023, according to the International Air Transport Association (IATA).