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AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.

MIDA To Hold East Coast Region Investment Seminar 2026 On Sept 8

KUALA LUMPUR, Sept 2 (Bernama) -- The Malaysian Investment Development Authority (MIDA) will be organising the East Coast Region Investment Seminar 2026 on Sept 8, focusing on the role of local companies in shaping a more inclusive and competitive East Coast industrial ecosystem.

Vietnam's Sun Phuquoc Airways Launches Direct KL-Phu Quoc Service

KUALA LUMPUR, Sept 2 (Bernama) -- Vietnam-based full-service carrier Sun PhuQuoc Airways (SPA) launched its direct Kuala Lumpur (KL)-Phu Quoc service on Sept 1, 2026, marking the inaugural flight of the new route and opening a new chapter in air connectivity between Malaysia and Vietnam’s popular island destination.