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MAA REVISES UP 2024 VEHICLE SALES FORECAST TO 765,000 UNITS

July 16, 2024

KUALA LUMPUR, The Malaysian Automotive Association (MAA) has revised its new motor vehicle sales forecast for 2024 to 765,000 units from its previous estimate of 740,000.

President Mohd Shamsor Mohd Zain said the forecast for the total industry volu…

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PALM OIL INDUSTRY URGED TO REPURPOSE RESIDUALS FOR SUSTAINABLE AVIATION FUEL – LIEW

July 16, 2024

KUALA LUMPUR, The palm oil industry should explore repurposing residuals as a crucial feedstock for sustainable aviation fuel (SAF), moving beyond traditional uses of palm oil, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

He e…

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MALAYSIA HOPES DEFA CAN BE FINALISED DURING ITS ASEAN CHAIRMANSHIP

July 16, 2024

KUALA LUMPUR, Malaysia hopes that the ASEAN Digital Economy Framework Agreement (DEFA) can be finalised during its chairmanship next year.

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the agreement is still under …

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ASYATT. INITIATES 2 BLN YEN FUNDRAISING TO EXPAND JAPANESE LUXURY TRAVEL MARKET WORLDWIDE

July 16, 2024

KUALA LUMPUR, Niseko-based Asyatt. Inc, specialising in luxury hospitality for the ultra-high-net-worth (UHNW) clients, has announced plans to launch a two billion Japanese yen fundraising effort. (100 Japanese yen = RM2.95)

In a statement, Asyatt. …

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RAM RATINGS REAFFIRMS SABAH DEVELOPMENT BANK’S AA1/STABLE/P1 RATINGS

July 16, 2024

KOTA KINABALU, RAM Rating Services Bhd (RAM Ratings) has reaffirmed the AA1/Stable/P1 ratings of Sabah Development Bank Bhd’s (SDB) debt instruments.

SDB in a statement today said the AA1 rating indicates that the bank has a strong capability to mee…

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