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.
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.
IPOH, Sept 2 (Bernama) -- Bulatan Sultan Azlan Shah (BSAS) in Bandar Meru Raya now has a new attraction with the opening of Cabin Café Bean Here!, a local coffee brand operated by Silver Lifestyle Sdn Bhd, a wholly owned subsidiary of the Perak State Development Corporation (PKNPk).
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.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.
SERDANG, Sept 1 (Bernama) -- The Plantation and Commodities Ministry (KPK) hopes Budget 2027 will continue to focus on strengthening the agribased-commodities sector, particularly by increasing smallholders’ incomes and raising the industry’s competitiveness.
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.
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.
KUALA LUMPUR, Sept 1 (Bernama) -- Bilateral trade between Malaysia and Japan rose 11.8 per cent to US$23.3 billion (US$1=RM4.03) in the first seven months of 2026 compared with the same period last year, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
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.
From Abdul Hamid A Rahman
GUIYANG, CHINA, Sept 1 (Bernama) -- A roughly 40-minute drive from Guiyang to the Gui’an New Area reveals a concentration of technology companies and digital infrastructure that may feel somewhat familiar to a Malaysian visitor, as it bears some resemblance to Cyberjaya.
KUALA LUMPUR, Sept 1 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to five consecutive weeks, recording net inflows of RM200.5 million last week, MBSB Investment Bank Bhd (MBSB IB) said.
