KUALA LUMPUR, May 4 — Air travel recorded a strong demand growth for March 2023, rising 52.4 per cent in total traffic as measured in revenue passenger kilometres or RPKs compared with March 2022, the International Air Transport Association (IATA) said.

WASHINGTON, May 2 — The risks of greater trade fragmentation in the Asia-Pacific region are becoming more noticeable, the International Monetary Fund (IMF) said, reported Sputnik.

SINGAPORE, March 10 — Asia-Pacific central governments will continue to borrow heavily this year although new borrowings may decline, according to S&P Global Ratings.

KUALA LUMPUR, March 8 — Total air traffic in January 2023, measured in revenue passenger kilometres (RPKs), rose 67 per cent compared to the same month in 2022, said the International Air Transport Association (IATA).

KUALA LUMPUR, March 1 — Moody’s Investors Service has maintained a stable outlook on 13 Asia-Pacific (APAC) banking systems, including Malaysia.

CHIANG MAI, Feb 14 — The Association of Asia Pacific Airlines (AAPA) expects air travel in the Asia-Pacific region to see full recovery by the first quarter of 2024, returning to 2019 pre-pandemic level amidst the global headwinds.

KUALA LUMPUR, Feb 9 — The ringgit reversed yesterday’s gains to close slightly lower against the US dollar today, on better demand for the greenback as United States (US) rate cut expectations fade while the faltering China reopening risk rally continues to stymie Asian foreign exchange, an analyst said.

BANGKOK, Dec 1 — The Asian and the Pacific region accounts for over 55 per cent of global greenhouse gas emissions, an increase of about 20 per cent between 2010 and 2022.

KUALA LUMPUR, Nov 8 — The Malaysian Aviation Commission (Mavcom) has reported a jump of 81 per cent in air traffic rights (ATR) applications in the third quarter (Q3) of 2022 compared with the same period last year.

KUALA LUMPUR, Oct 17 — Some 63 per cent of chief executive officers (CEOs) in the Asia-Pacific region anticipate a recession over the next 12 months, but more than half (55 per cent) expect it to be mild and short, according to KPMG International Ltd.

KUALA LUMPUR, Sept 27 — The Asian Development Bank (ADB) plans to provide at least U$14 billion between 2022 and 2025 to ease the worsening food crisis in Asia and the Pacific.

PHUKET, Aug 25 — More than half of the malicious emails circulated across the Asia Pacific (Apac) region were detected in five countries including Malaysia, global cybersecurity company Kaspersky revealed.

KUALA LUMPUR, Aug 16 — Weakened trade patterns and persistent inflation will dampen economic growth in the second half of this year, but 2022 will maintain its general pattern of economic recovery and expansion across the Asia Pacific (Apac) region, said Moody’s Analytics today.

KUALA LUMPUR, July 4 — S&P Global Market Intelligence is projecting the aggregate dividend payout of the Asia-Pacific banking sector to grow at a slower pace of seven per cent year-on-year for the fiscal year (FY) of 2022 to US$209 billion (RM921.7 billion).

BANGKOK, July 1 —The Asia-Pacific population is ageing faster than any other region in the world and there are now 630 million people aged 60 years or over, representing 60 per cent of the world’s older persons.

KUALA LUMPUR, June 22 — The economy of the Asia-Pacific (APAC) region continues to show resilience in the face of inflation caused by sanctions on Russia, goods and commodities shortages after the invasion of Ukraine, as well as local shutdowns in China due to the republic’s zero-Covid policy.

SINGAPORE, Feb 15 — Traffic growth of 5.3 per cent per annum and accelerated retirement of older less fuel-efficient aircraft will see the Asia-Pacific region require 17,620 new passenger and freighter aircraft by 2040, according to Airbus.

KUALA LUMPUR, Oct 5 — Asia-Pacific is starting a period of recovery from the wave of the Covid-19 Delta variant, allowing for a resumption of economic recovery across much of the region in the fourth quarter of this year, according to Moody’s Analytics.

KUALA LUMPUR, Sept 13 — Asia-Pacific mergers and acquisitions (M&A) activity hit an all-time high in the first six months of 2021, with values targeting the region nearly doubling to US$535 billion (US$1=RM4.14) from US$284 billion in the same period last year, said global accounting and consulting group EY.

KUALA LUMPUR, June 8 — Asia-Pacific airlines saw demand for international air cargo increase by 9.2 per cent in April 2021 compared to the pre-Covid-19 level in April 2019, according to the International Air Transport Association’s (IATA) April 2021 data for global air cargo markets.