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Riyadh Air Begins Direct Flights To Kuala Lumpur, Its First Gateway Into Southeast Asia

KUALA LUMPUR, July 31 (Bernama) -- Riyadh Air has launched direct flights between Riyadh and Kuala Lumpur, making the Malaysian capital its first gateway into Southeast Asia.

Riyadh Air Sees Strong Demand For Kuala Lumpur Route, Eyes Daily Flights

SEPANG, July 31 (Bernama) -- Riyadh Air has identified Kuala Lumpur as its first Southeast Asian destination on the back of strong travel demand between Malaysia and Saudi Arabia, with plans to increase its current three-times-weekly service to daily flights, its chief commercial officer Vincent Coste said.

PAAB Raises RM720 Mln Blue Sukuk For Water Infrastructure

KUALA LUMPUR, July 31 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has completed the issuance of RM720 million of blue sukuk through Pengurusan Air SPV Bhd under its existing RM2 billion Islamic Commercial Papers Programme.

BNM: Malaysia's International Reserves Assets At US$132.56 Bln As Of End-June

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s international reserve assets amounted to US$132.56 billion (US$1= RM4.08), while other foreign currency assets stood at US$1.54 billion as of end-June 2026, said Bank Negara Malaysia (BNM).

AICB, ICC Academy Launch Certified Trade Finance Qualification To Strengthen Malaysia’s Talent Pipeline

KUALA LUMPUR, July 31 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) in collaboration with the International Chamber of Commerce (ICC) Academy has officially launched the Certified Trade Finance Professional (CTFP) programme in Malaysia, expanding access to an internationally recognised qualification for professionals supporting cross-border trade.

Malaysia Tourism Sector To Rev up For F1 Bahrain GP

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s tourist arrivals are expected to shift into high gear with the arrival of Formula One (F1) racing fans from all across the globe to attend the F1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP), to be held at the Sepang International Circuit (SIC) on Oct 2-4.

Bursa Malaysia Opens Mixed Amid Wall Street Gains, Geopolitical Concerns

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia opened mixed on Friday as gains on Wall Street, driven by robust US corporate earnings and a rally in chip stocks, were tempered by lingering geopolitical concerns.

Global Air Passenger Demand Falls 1.7 Pct In June 2026 -- IATA

KUALA LUMPUR, July 30 (Bernama) -- Global air passenger demand, measured in revenue passenger kilometres (RPK), fell 1.7 per cent year-on-year (y-o-y) in June 2026, largely due to declines in domestic markets in China, the United States and Japan, according to the International Air Transport Association (IATA).

Malaysia Benefits From Global Supply Chain Shift, Needs Stronger Value-Added Exports

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's record trade performance in 2025 reflects its position as a strategic trade and manufacturing hub amid global supply chain realignment, although the country needs to strengthen domestic value-added exports to sustain long-term competitiveness, said AmBank Group chief economist Firdaos Rosli.

YTL Hospitality's REIT FY2026 Net Profit Jumps To RM240.74 Mln 

KUALA LUMPUR, July 30 (Bernama) -- YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) recorded a higher net profit of RM240.74 million for the financial year ended June 30, 2026 (FY2026), compared to RM148.55 million in FY2025.

PSP Energy's Unit Secures Sinopec Lubricant Distributorship Deal

KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.

MICCI Calls On Members To Intensify Investment In Talent And Innovation To Remain Competitive

GEORGE TOWN, July 30 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) has called on its members to invest more in talent development and innovation to ensure their businesses remain competitive as artificial intelligence (AI), automation and digitalisation continue to transform industries and reshape the future of work.