KUALA LUMPUR, Takaful operators disbursed RM2.24 billion in the first quarter of 2024 (1Q 2024), with Family Takaful payouts at RM1.72 billion and General Takaful payouts at RM514 million, said Malaysia Takaful Association (MTA).
MTA chief executive…
KUALA LUMPUR, AirAsia X Bhd carried 880,265 passengers in the second quarter (2Q) of 2024, a 42 per cent year-on-year (yoy) surge, surpassing the 25 per cent yoy growth in its available seat per kilometre (ASK) capacity.
In a statement today, the ai…
KUALA LUMPUR, Porsche’s assembly facility at Inokom, Kulim, Kedah, is being expanded to 11,000 square metres, and a new assembly line will be introduced.
In a joint statement today, Sime Darby Bhd and Porsche said the new assembly line will be for t…
KUALA LUMPUR, MIDF Amanah Investment Bank Bhd reiterated its ‘Buy’ recommendation for YTL Corporation Bhd.
This follows YTL Cement Bhd’s plan to acquire an 81.24 per cent stake in Singapore-listed NSL Ltd for SGD227.6 million (RM792.3 million).
‘We…
KUALA LUMPUR, Malaysia benefits directly from the increased demand for data centres, as a result of Singapore’s three-year moratorium on building new data centres and expanding capacity due to the limited availability of land, said Moody’s Ratings.
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