KUALA LUMPUR, Dec 14 — Low-cost carrier AirAsia Bhd has leased four Airbus A320-200 aircraft previously operated by MYAirline Sdn Bhd.

KUALA LUMPUR, Dec 6 — The airline industry’s net profit is expected to reach US$25.7 billion (US$1=RM4.67) in 2024, accounting for 2.7 per cent in net profit margin, said the International Air Transport Association (IATA).

BANGKOK —-Thailand's central bank left its key interest rate unchanged on Wednesday as expected, ending a year-long tightening cycle amid a slowing economy and below-target inflation, while cutting its growth outlook.

KUALA LUMPUR, Nov 28 — Malaysia’s Producer Price Index (PPI), which measures the prices of goods at the factory gate, declined by 0.3 per cent year-on-year (y-o-y) in October 2023 after recording a 0.2 per cent growth in September, the Department of Statistics Malaysia (DoSM) said.

KUALA LUMPUR, Nov 23 — BMI, a Fitch Solutions company, has revised upward its projection for the price of crude palm oil in 2024 to RM3,515 per tonne from RM3,400 per tonne.

KUALA LUMPUR, Nov 9 — Malaysia’s domestic demand is expected to remain upbeat from the fourth quarter of this year supported by a resilient labour market, easing inflationary pressure, a rise in tourism activities and supportive economic policies, said MIDF Research.

KUALA LUMPUR, Nov 5 — Stock market investors will be watching out for some local economic data to be released in the coming week, including the Service Producer Index for the third quarter of 2023 and Industrial Production Index for September, according to an analyst.

KUALA LUMPUR, Oct 17 — MIDF Research has maintained a positive outlook on the consumer sector due to solid domestic retail growth in 2023 and 2024.

KUALA LUMPUR, Oct 10 — Malaysia’s resilient domestic demand and a larger development expenditure outlined in the second phase of the 12th Malaysia Plan “will underpin robust medium-term growth of between  4 and 5 per cent,” according to Fitch Ratings.

KUALA LUMPUR, Sept 8 — Pan Malaysia Corporation Bhd (PMC) has proposed to acquire the remaining 49 per cent equity interest in fast-food chain operator A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd, comprising 30.38 million ordinary shares, for RM69.45 million.

KUALA LUMPUR, Aug 29 — Businesses foresee an improving business situation for the third quarter of 2023 with the confidence indicator turning positive to 0.7 per cent from -3.1 per cent in the second quarter, says the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, Feb 19 — Malaysia is expected to rebound strongly from the global slowdown underpinned by progressive local economic growth as well as promising global economic performance forecast post-pandemic, according to a fund manager.

KUALA LUMPUR, Jan 9 — The economic growth outlook for Asia Pacific (Apac) in 2023 is expected to be robust despite global risks, said Moody’s Investors Service.

KUALA LUMPUR, Nov 10 — Malaysia’s Gross Domestic Product (GDP) is estimated to expand by 13.5 per cent year-on year (y-o-y) in the third quarter (Q3) of this year, driven by recovery in tourism-related segments as well as the low-base effect, according to stockbroking firm CGS-CIMB.

KUALA LUMPUR, Oct 25 — Malaysia's leading index (LI) rose 4 per cent year-on-year (y-o-y) to 111.3 points in August 2022,  indicating that the economic growth momentum will continue moving forward, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 8 — Monday, August 8, the Association of Southeast Asian Nations (Asean) celebrates the 55th Asean Day, amidst challenges from within the 10-member regional grouping and the tensions in the region emanating from the United States (US)-China rivalry.

KUALA LUMPUR, July 5 — The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the United States Federal Reserve’s rate hike and strong recovery of the Malaysian economy.

KUALA LUMPUR, July 1 — MIDF Research has reduced its FBM KLCI end-2022 target to 1,600 points from 1,680 points previously.

KUALA LUMPUR, June 20 — The International Air Transport Association (IATA) has upgraded its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the Covid-19 crisis quickens.

KUALA LUMPUR, May 20 — Despite economic growth rebounding in the first quarter of 2022, Malaysia is exposed to a number of downside risks in the near term, particularly with China being its largest export market, accounting for 15 per cent of total exports, S&P Global Market Intelligence highlighted.