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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.

Petronas To Sustain Production At Two Million Barrels Of Oil Equivalent Per Day Through 2028

KUALA LUMPUR, Sept 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain Malaysia's oil and gas production at two million barrels of oil equivalent per day (mmboe/d) through 2028, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz today.

Westin Hokkaido Furano Resort To Open In Summer 2029 

KUALA LUMPUR, Sept 2 (Bernama) -- Pacifica Hotels G.K. and its subsidiary Furano Hospitality G.K. have signed a franchise agreement with Marriott International to develop Westin Hokkaido Furano Resort, marking the first Westin resort in Japan and the brand’s debut in Hokkaido.

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.

Mary Kay’s Largest Global Brand Campaign Puts Shared Beauty Centre Stage

KUALA LUMPUR, Sept 2 (Bernama) -- Mary Kay Inc has launched Beauty Is More Beautiful Shared, its largest-ever global consumer-facing campaign and a long-term brand strategy aimed at driving its next phase of growth across 40 markets worldwide.

Budget 2027 Should Strengthen Port, Transport Links To Improve Supply Chains -- Operators

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 2 (Bernama) -- Port operators hope stronger connectivity between ports and major transport infrastructure will be prioritised in the upcoming Budget 2027 to improve supply chains and ensure Malaysia's logistics ecosystem keeps pace with growing trade and investment.

Helical Fusion Advances As Final Candidate For Japan’s METI Fusion Programme

KUALA LUMPUR, Sept 1 (Bernama) -- Helical Fusion Co Ltd, a fusion energy company developing a Helical Stellarator for commercially viable fusion power, has been named a final candidate for Japan’s Ministry of Economy, Trade and Industry (METI) programme supporting the demonstration of fusion power generation.

Peregrine Cold Logistics Enters Indonesia With Joint Venture 

KUALA LUMPUR, Sept 1 (Bernama) -- Peregrine Cold Logistics (Peregrine), Asia’s unified cold storage and logistics platform, has entered Indonesia through a joint venture with Indonesian real estate developer Sinar Primera to acquire and develop tier-one cold storage assets across the country.

PNB Merdeka Ventures Eyes More Global Brands From India, China And West Asia - CEO

By M.Saraswathi

KUALA LUMPUR, Sept 1 (Bernama) -- PNB Merdeka Ventures Sdn Bhd is stepping up efforts to attract more global brands from India, China and West Asia to its flagship Menara Merdeka Maybank, chief executive officer Datuk Izwan Hasli Mohd Ibrahim said, citing the building’s strong commercial value.

Amanah Raya Declares 4.50 Sen Per Unit Syariah Trust Fund Income Distribution

KUALA LUMPUR, Aug 31 (Bernama) -- Amanah Raya Bhd’s wholly owned subsidiary, AmanahRaya Investment Management Sdn Bhd (ARIM), declared an income distribution of 4.50 sen per unit for the AmanahRaya Syariah Trust Fund (ARSTF) for the financial year ended Aug 31, 2026.

Batik Air Offers Merdeka Fare Discounts, Retail Perks At Subang Airport

KUALA LUMPUR, Aug 31 (Bernama) -- Batik Air is offering passengers special Merdeka fare discounts and exclusive retail perks at the Sultan Abdul Aziz Shah Airport in Subang as part of a campaign bringing together the airline’s retail partners.

CIMB Targets 5-6 Pct Loan Growth For FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd is targeting loan growth of around 5-6 per cent for FY2026, with strong demand from the data centre and artificial intelligence (AI) sectors supporting its wholesale business.