AirAsia Advises Guests To Plan Ahead For Year-End Peak Travel Period

SEPANG, Nov 2 (Bernama) -- AirAsia has advised guests travelling during the year-end peak travel period to plan ahead and allow sufficient time for their journeys amid increased passenger traffic and potentially adverse weather conditions.

Banks Urged To Explore IP-Backed Financing For Businesses

PETALING JAYA, Nov 2 (Bernama) -- Banking institutions are urged to tap intellectual property (IP)-backed financing to broaden funding opportunities for businesses, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

HSBC Sees Ringgit Trading At 4.10-4.20 Against US Dollar In 2027

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit could trade between 4.10 and 4.20 against the US dollar in 2027, compared with its current range of 4.05 to 4.10, according to HSBC Global Investment Research.

Local Gold Prices Expected To Remain Stable Until Year-end

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 2 (Bernama) -- Local gold prices are expected to remain stable or slightly increase from current levels until the end of this year, amid geopolitical uncertainties and changes in the global economic structure, said an economist.

MotoGP Eyes Southeast Asian Fan Growth, No Additional Races Under Consideration

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL is looking to grow its fan base in Southeast Asia through content and commercial opportunities, with no additional races in the region currently under consideration, its deputy chief executive officer Carlos Ezpeleta said.

LyondellBasell To Sell Former Houston Refinery To Valero For US$320.5 Mln

KUALA LUMPUR, Nov 2 (Bernama) -- LyondellBasell (LYB) has agreed to sell its former Houston Refinery site and related assets to a subsidiary of Valero Energy Corporation (Valero) for US$320.5 million as part of its ongoing portfolio transformation. (US$1 = RM4.05)

Foreign Investors Return To Net Buying With US$323.1 Mln Net Inflows

KUALA LUMPUR, Nov 2 (Bernama) -- Foreign institutions returned to net buying on Bursa Malaysia, recording US$323.1 million in net inflows, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Opens Lower As Weak Wall Street Performance Dampens Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by Wall Street’s weaker performance last Friday, which dampened investor sentiment.

Ringgit Opens Higher On Expectations Of OPR Normalisation

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.

AirAsia Targets March 2027 To Commence Flights To Bahrain

KUALA LUMPUR, Nov 1 (Bernama) -- AirAsia Group Bhd is targeting to commence flights to Bahrain by March 2027, subject to regional conditions, with the appointment of its Bahrain board of directors marking another milestone in its regional expansion strategy.

Sabah, Sarawak Not Sidelined, Prioritised In Rural Road Allocations – Tengku Zafrul

KUALA LUMPUR, Nov 1 (Bernama) -- Sabah and Sarawak have never been sidelined in rural road development, with allocations for the two states set to nearly triple between 2023 and 2027 compared with the preceding five years, Tengku Datuk Seri Zafrul Abdul Aziz said.

Stronger Financing Support Key To Growing Malaysia's Bunkering Sector

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia's maritime industry is calling for a stronger financing support from local banks to unlock its investment potential and enable domestic players to expand their operations, particularly in the bunkering sector, said Maritime Network Sdn Bhd chief executive officer Datuk Seri Jeyenderan R.