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)
KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s maintenance, repair and overhaul (MRO) market is on track to achieve RM55 billion in revenue target by the end of 2030 under the Malaysia Aerospace Industry Blueprint (MAIB) 2030, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.
KUALA LUMPUR, May 3 (Bernama) -- MARA Liner Sdn Bhd has formalised six strategic partnerships, marking a significant milestone in its transformation journey towards a modern, resilient and technology-driven public transport ecosystem.
KUALA LUMPUR, April 21 (Bernama) -- Malaysia cannot continue to rely on broad-based subsidies and price controls, and must instead shift its focus towards managing supply, prioritising spending and reducing dependence on external resources amid ongoing supply constraints, said economist Dr Nungsari Ahmad Radhi.
KUALA LUMPUR, April 21 (Bernama) -- Malaysians are urged to be prudent in fuel consumption, to stretch the country’s energy buffer beyond June as global uncertainties are expected to persist, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, April 21 (Bernama) -- ASEAN must reposition itself as the “indispensable middle” in an increasingly fragmented global order while accelerating regional integration and strengthening its economic fundamentals to remain competitive amid intensifying global uncertainties, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, April 21 (Bernama) -- Weststar Group is looking to strengthen its footprint in the defence sector in Malaysia, leveraging the Defence Services Asia (DSA) and National Security (NATSEC) Asia 2026 exhibitions, as the segment currently contributes about 25 per cent to its overall business.
BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.
KUALA LUMPUR, April 20 (Bernama) -- The National Aerospace Industry Corporation Malaysia (Naico Malaysia) has launched the MyAERO Challenge 2026, a national-level initiative aimed at building a sustainable aerospace talent pipeline.
BANGI, April 20 (Bernama) -- ASEAN needs to deepen regional integration and strengthen intra-regional investment to enhance its economic resilience amid growing global uncertainties, including geopolitical tensions and supply chain disruptions, according to ASEAN+3 Macroeconomic Research Office (AMRO) Group head and lead economist Allen Ng.
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 14 (Bernama) -- Airbus sees strong potential in Sarawak’s ambition to position itself not just as a domestic hub but also as a regional aviation hub, amid ongoing positive developments surrounding the establishment of AirBorneo.
