SINGAPORE, July 10 — Asia's rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that, even in a slowdown, is the fastest-growing in the world will pay off.
KUALA LUMPUR, July 3 — Asia-Pacific airlines saw a 27 per cent year-on-year (y-o-y) increase in passenger demand in May 2024, measured in revenue passenger kilometres, according to the International Air Transport Association (IATA).
KUALA LUMPUR, June 27 — Fitch Ratings has maintained Malaysia’s sovereign credit ratings at BBB+ with a “stable” outlook, underpinned by a diversified economy and export base.
KUALA LUMPUR, May 8 — Turkiye's Deputy Defence Minister Dr.
SINGAPORE, April 30 — The International Monetary Fund (IMF) has improved its Asia and Pacific region growth forecast to 4.5 per cent this year, up 0.3 points from the previous projection in October, partially due to carryover from stronger 2023 outturns and policy support.
HONG KONG, April 17 — Morgan Stanley is cutting at least 50 investment banking jobs in the Asia-Pacific region due to a deals slump, two sources with knowledge of the matter said.
MANILA, April 11 — Developing Asia's growth this year is expected to be slightly stronger than previously forecast as healthy domestic demand in many economies offsets the property-driven slowdown in China, the Asian Development Bank (ADB) said today.
KUALA LUMPUR, March 29 — Malaysia has the potential to become a leading supplier of feedstock for sustainable aviation fuel (SAF) production in the Asia Pacific region via collaboration with international partners to enhance capabilities and optimise the supply chain, MIDF Research said.
CANBERRA, March 7 — As parties to four economic frameworks, including the Regional Comprehensive Economic Partnership (RCEP), the economic relationship between Malaysia and Australia is set to strengthen further, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 6 — The global airline industry has gotten off to a strong start in 2024 despite economic and geopolitical uncertainties, with January global passenger demand showing a 16.6 per cent increase.
SINGAPORE, Feb 20 — Aircraft manufacturer Airbus forecasts demand for around 400 wide-body freighters in the Asia-Pacific (APAC) region over the next 20 years, including new builds and conversions as the region continues demonstrating robust economic growth and dynamic trade activities.
KUALA LUMPUR, Jan 3 — Brazilian aircraft manufacturer, Embraer, aims to tap into the growing demand for narrow-body aircraft in the Asia-Pacific, including Malaysia, as the country aims to be a major aerospace hub in the region.
KUALA LUMPUR, Dec 5 — Air cargo volumes for Asia-Pacific airlines increased by 7.6 per cent in October 2023 compared with the same month in 2022, with carriers in the region benefiting from ongoing growth in international cargo tonne-kilometres (CTKs) on three major trade lanes.
KUALA LUMPUR, Nov 10 — China will remain the engine of global growth as the world seeks to move past disruptions and uncertainty caused by the pandemic and regional conflicts, a Malaysian observer said ahead of the upcoming Asia-Pacific Economic Cooperation (Apec) Leaders' Week 2023.
KUALA LUMPUR, Oct 3 — Asia-Pacific airlines saw their air cargo volume, measured in cargo tonne-kilometres (CTKs), increase by 4.9 per cent in August 2023 compared to the same month in 2022, the International Air Transport Association (IATA) announced.
KUALA LUMPUR, Sept 25 — The Asia Pacific region (Apac) remained a multi-speed region, with its developed economies undergoing soft landings and seeing low but positive growth, while the emerging market economies are poised for robust expansions, said S&P Global Ratings.
By Sofia Nasir SHAH ALAM, Sept 8:— The Petaling Jaya City Council (MBPJ) was entrusted with representing the country and organising the First Asia Pacific Youth Folklore Festival. The event is set to run from Sept 21 to 26. The city council said the Youth Folklore Festival will be organised...
ISTANBUL, June 5 — The International Air Transport Association (IATA) has called on airlines in the Asia Pacific to strengthen their readiness in the transition to the sustainable aviation fuel (SAF) mandate.
BEIJING, June 2 — The Regional Comprehensive Economic Partnership (RCEP) agreement took effect on Friday for the Philippines, confirming that the RCEP agreement is now in effect for all 15 members, reported Xinhua.
LONDON/TOKYO/WASHINGTON, June 2 — Sluggish global demand deepened the decline in manufacturing activity across Europe and the United States, and remained a major challenge for many of Asia's big exporters, business surveys for May showed on Thursday (June 1).
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