SEPANG: AirAsia Malaysia (AK) has introduced its first Australian route to Perth. Starting March 11, 2024, AirAsia guests will have more options with great value fares to/from the capital of Western Australia increasing from seven currently to 14 flights weekly. With this expansion to Perth, AirAsia reaffirms its commitment to democratise air travel to more … Read more
PETALING JAYA: Malaysia’s property market showed positive growth in the third quarter of 2023 with a 3.7% increase in volume and 22.6% in value compared to Q3;22. More than 100,000 transactions worth RM57.15 billion were recorded in the review period. According to the director-general of valuation and property services department, the residential continued to support … Read more
KUALA LUMPUR: Finding the right property can be both a significant life milestone and a challenge, especially for first-time property owners. However, online local property tech platform Property Genie is here to help. With a focus on accessibility, efficiency, and optimal user experiences, the platform aims to empower developers, agents, and property enthusiasts alike. Dedicated … Read more
PETALING JAYA: More than 600 local and international startups are expected to converge at the inaugural India-Asean Startup Summit (IASS 2023) to be held at the Sunway Pyramid Convention Centre here on Dec 12 and 13. A pioneering initiative by Malaysia’s DEWI Wealth Accelerator, IASS 2023 will showcase groundbreaking ideas and solutions with a focus … Read more
PETALING JAYA: Mestron Holdings Bhd achieved resilient earnings growth with profit after tax (PAT) increasing by 6.89% to RM3.57 million in the third quarter of the 2023 financial year (Q3’23), bolstered by a decrease in raw material costs and heightened demand for specialty poles, especially in the telecommunications sector. The performance was even more impressive … Read more
PETALING JAYA: In a concerted effort to boost financing to micro, small and medium enterprises, OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd are collaborating with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide up to RM100 million this year in portfolio guarantee (PG), available in both conventional and Islamic … Read more
KUALA LUMPUR: Malakoff Corporation Bhd has signed a solar power purchase agreement (SPPA) through its wholly owned subsidiary Malakoff Radiance Sdn Bhd with Gas Malaysia Bhd for the development, operation and maintenance of solar photovoltaic (PV) systems at three Gas Malaysia sites. The three sites are Gas Malaysia’s headquarters (HQ) in Shah Alam, Selangor, southern … Read more
PUTRAJAYA: The volume index of the wholesale and retail trade registered 5% year-on-year growth in the third quarter of 2023. Within the same period, this index rose 2.5% as compared to second quarter of 2023, according to the Department of Statistics Malaysia (DoSM). Chief Statistician Malaysia, Datuk Seri Dr Mohd Uzir Mahidin said, “The increase … Read more
KUALA LUMPUR: Aeon Credit Service (M) Bhd has unveiled a groundbreaking Electric Motorcycle Financing, complementing its existing Hire-Purchase i-Scheme and addressing the surging demand in the electric vehicle (EV) financing market. This initiative perfectly aligns with Aeon Credit’s 3-year Sustainability Roadmap and its unwavering commitment to achieve carbon neutrality by 2030. In response to Malaysia’s … Read more
SHAH ALAM: UMW Toyota Motor ended October 2023 with sustained growth, achieving monthly total sales of 10,931 units, the highest-ever monthly sales in the last five years. This comprises 10,709 units for Toyota and 222 units for Lexus. With this achievement, the total year-to-date sales as of October 2023 is now at 87,422 units compared … Read more
KUALA LUMPUR: YX Precious Metals Bhd (YXPM or the Group), a wholesaler and manufacturer specialising in gold jewellery, today announced its third quarter results for the financial year ending Dec 31, 2023 (Q3FYE2023). The Group delivered a profit after tax (PAT) of RM1.9 million on the back of a revenue of RM53.6 million. The wholesale … Read more
PETALING JAYA: U Mobile has converted its existing banking facility of up to RM1.4 billion into a sustainability-linked financing (SLF), reflecting the telco’s commitment to its environmental and social responsibility agenda. The conversion of the loan was facilitated by CIMB Group as sustainability structuring agent as well as joint lender and sustainability lead arranger with … Read more
PETALING JAYA: Technology-driven food service platform, Easy Eat AI Sdn Bhd, has partnered with fintech company Boost, to introduce digital solutions designed for small and medium-sized enterprises (SME) within the industry. The collaboration entails a co-branded point of sale terminal that is integrated with Boost’s digital payment solutions. In addition, food and beverage (F&B) merchants … Read more