AMRO Raises Malaysia's 2026 Growth Forecast To 4.9 Pct On Strong AI-Driven Exports

By Anas Abu Hassan

SINGAPORE, July 27 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Malaysia's growth forecast upward to 4.9 per cent for 2026 from an initial 4.6 per cent projection, driven by robust AI-related demand.

Global Sourcing Programme Generates RM325.9 Mln In Export Sales For Local Aerospace Firms - MATRADE

KUALA LUMPUR, July 10 (Bernama) -- The Malaysia External Trade Development Corporation’s (MATRADE) Global Sourcing Programme (GSP) has generated RM325.95 million in export sales for Malaysian aerospace companies. 

MAHB, Mitsui Fudosan To Develop RM80 Mln Subang Air Cargo Logistics Complex

SUBANG, July 9 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) and Mitsui Fudosan Group (Mitsui Fudosan) will undertake an RM80 million investment to develop a new air cargo logistics complex, with MAHB holding a 30 per cent stake and Mitsui Fudosan owning the remaining 70 per cent.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes. 

MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

GTA Holdings Receives Bursa Malaysia Approval For ACE Market Listing

KUALA LUMPUR, June 26 (Bernama) -- Aviation maintenance company GTA Holdings Bhd has received Bursa Malaysia approval for listing on the ACE Market.

Workforce Investment, Diversification Key To Withstanding Industry Crises -- MAG

SEPANG, June 26 (Bernama) -- Malaysia Aviation Group (MAG) has identified investment in its workforce, business diversification and stakeholder collaboration as key to strengthening its resilience against recurring crises in the aviation industry, said its president and group chief executive officer Capt Nasaruddin A. Bakar.

Zenix Aerospace Upeca Strengthens Capabilities To Support Global Supply Chain, Backs Malaysia's Ambitions

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.

Development Of Low Altitude Economy Sector To Benefit Local Aerospace Industry -- Sim

SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.

Malaysia Targets Up To 20 Pct Aerospace Growth This Year -- Sim

SERDANG, June 25 (Bernama) -- Malaysia aims to achieve a 15-20 per cent revenue growth for its aerospace industry this year, driven by rising global demand for aircraft and the continued expansion of the industry's supply chain.

IATA Outlines Four Priorities To Tackle Aerospace Supply Chain Failures

KUALA LUMPUR, June 24 (Bernama) -- The International Air Transport Association (IATA) has identified four priorities to address persistent failures in the aerospace supply chain, namely enhancing supply chain visibility, opening up the aftermarket, unlocking the value of data, digitalisation and artificial intelligence (AI), as well as building human capacity.

Malaysia's Aerospace, LAE Sectors Poised To Exceed RM100 Bln In Revenue By 2035

KUALA LUMPUR, June 24 (Bernama) -- The aerospace and low-altitude economy (LAE) segments could potentially generate RM100 billion in revenue by 2035, driven by emerging opportunities, according to the National Aerospace Industry Corporation Malaysia (NAICO Malaysia).