| LATEST NEWS | AirAsia maintained a healthy load factor of 83 per cent between January and May this year — Bo Lingam | AirAsia had already reduced fares by five per cent on June 15 in direct response to falling fuel prices — Bo Lingam | AirAsia expects to gradually lower airfares following the recent decline in jet fuel prices — Bo Lingam | Hamzah returns as Opposition Leader effective June 18 - Dewan Rakyat Speaker | |
KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.
KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.
KUALA LUMPUR, June 5 (Bernama) -- The increase in the biodiesel mandate from B10 (10 per cent palm-oil-based biodiesel) to B15 will reduce the country’s reliance on export markets, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek.
KUALA LUMPUR, May 26 (Bernama) -- IHH Healthcare Bhd posted a net profit of RM528 million for the first quarter (1Q) ended March 31, 2026, up 2.7 per cent from RM514 million in the same quarter last year.
KUALA LUMPUR, May 25 (Bernama) -- Axiata Group Bhd’s net profit rose to RM273.80 million in the first quarter ended March 31, 2026 (1Q) from RM159.84 million in the same quarter last year.
KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)
KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.
KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)
HAIKOU (China), May 12 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) must evolve beyond traditional tariff reductions and simple transhipment towards high-complexity trade and integrated supply chains.
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)
KUALA LUMPUR, May 5 (Bernama) -- Rental rate reduction for premises under all federal government agencies, as announced by Prime Minister Datuk Seri Anwar Ibrahim, aims to help small traders lower operating costs.
