Business News
Cabinet Approves RM10bil E-ART Project to Ease Johor Baru Traffic Congestion
The Cabinet has just approved the RM10bil E-Art project. Some have said we are slow, but of course, we need time to review it.…
Category: Transport and logistics
Analyst Report
Gamuda Wins Major Kaohsiung MRT Project (GAM MK, Outperform, TP: RM5.60)
Key risks in the Kaohsiung MRT Project such as labour shortages and fuel price fluctuations are partly mitigated by a price variation mechanism
Airlines
Scoot Bolsters Fleet With 11 Airbus A320neo
Scoot has ordered 11 Airbus A320neo aircraft to enhance its fleet, supporting growth and improving travel options by 2028.
Cars
Maxim, Zlata Partner to Expand Insurance Coverage for E-Hailing Driver
Maxim and Zlata launch tailored insurance, offering accident coverage, support services, and flexible payment options to protect e-hailing drivers nationwide.
Cars
D&O Faces Another Tough Year
D&O downgraded to SELL, target price RM0.39, as weak automotive demand and inventory impairments weigh on profitability.
Business News
Penang LRT Project Sees Intense Bidding Competition
Strong interest highlights importance of major infrastructure development.
Airlines
AirAsia X: Weathering the Fuel Shocks
Analysts express improved confidence in AirAsia X's outlook despite rising jet fuel prices, implementing cost-cutting measures and adjusting forecasts.
Yachts
Numarine unveils 40MXP MITAN: a family-driven explorer designed for life at sea
Numarine's 40MXP superyacht, MITAN, accommodates 12 guests in six staterooms and emphasizes outdoor living and flexible spaces for extended voyages.
Aviation
Weststar Aviation inks RM2 billion financing deal with AmBank
Weststar Aviation Services signed a RM2 billion financing deal with AmBank to double its helicopter fleet and strengthen operations.
Airlines
MAG Considers Khazanah Funding to Support Fleet Expansion
Malaysia Aviation Group plans to use Khazanah Nasional funds to expand its aircraft fleet by 2026, aiming to enhance operations and regional connectivity amidst…
Business News
MTT Shipping and Logistics: Ruling the Domestic Container Lanes
Public Investment Bank values MTT Shipping and Logistics Berhad at RM1.23, citing a 10x PER due to its market position and profitability.
Cars
Maxim E-hailing Delivers Ramadan Aid to 600 Beneficiaries Across Six States
Maxim E-hailing Malaysia’s Ramadan CSR tour provided food, transport aid, and duit raya to over 600 beneficiaries nationwide.
Air Travel
Air Travel Chaos Hit Middle East Airlines Amid Conflict
Major Middle Eastern carriers face cancellations and limited schedules as regional conflict forces closures of airports and airspace restrictions.
Airports
KBR Airport Expansion Complete: Capacity Hits 4 Million
Transport Minister Anthony Loke announces the completion of Sultan Ismail Petra Airport’s expansion, boosting capacity to 4 million passengers annually.
Transport and logistics
FedEx Expands Asia Transshipment Facility to Boost APAC Supply Chains
FedEx is expanding its Transshipment Center at Taoyuan International Airport, enhancing logistics capacity and operational efficiency for the Asia Pacific region.
Air Travel
Merlion Takes Center Stage in Scoot-STB’s Superfans 2026 Campaign
Scoot and STB reimagine Singapore’s Merlion as a playful protagonist, driving traveller engagement through #MerlionMadeMeDoIt social challenge.