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Lese-Ansicht

AirAsia X Fares Rise as Much as 40% Due to Iran War, CEO Says

Malaysian low-cost carrier AirAsia X Bhd. has hiked airfares by as much as 40% and raised fuel surcharges by a fifth after jet fuel costs more than doubled in the wake of the Iran war.

An Airbus A330 aircraft operated by AirAsia X Bhd. grounded at Kuala Lumpur International Airport Airport 2. Photographer: Samsul Said/Bloomberg
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Malaysia Raises Growth Outlook, Sees War Impact Contained

Malaysia lifted its economic growth forecast for 2026, expecting strong domestic demand and investment to cushion the impact of the escalating war in the Middle East.

The Petronas Twins Towers in Kuala Lumpur, Malaysia, on Monday, April 22, 2024. Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia. Photographer: Samsul Said/Bloomberg
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Malaysia’s Islamist Party Set to Lead Opposition Lawmakers

Malaysia’s opposition coalition will be led by a member of parliament from the Pan-Malaysian Islamic Party, a move that will increase the conservative group’s opportunity to disrupt the nation’s political landscape.

Members of the Pan-Malaysian Islamic Party pray outside the Palace of Justice (background), as they await the Federal Court's decision on Kelantan state's sharia law criminal enactment, in Putrajaya on February 9, 2024. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/AFP via Getty Images)
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Sunway Healthcare Seeks $734 Million From Malaysia IPO

Malaysia’s Sunway Healthcare Holdings Bhd. has started taking investor orders for an initial public offering that seeks to raise 2.86 billion ringgit ($734 million), in what may be the country’s biggest listing in nine years.

A patient bed at at Sunway Healthcare Group’s Sunway Medical Centre in Sunway City, Selangor, Malaysia.
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Malaysia Bets on Durian Trails, Wildlife to Extend Tourism Boom

The drive up to Bloopy Durians’ orchard isn’t for ordinary cars. The narrow, rutted track snakes across the remote hills of central Malaysia, taking visitors through sticky heat and dense trees.

People visit the Batu Caves temple complex on the outskirts of Kuala Lumpur. Photographer: Agoes Rudianto/NurPhoto/Getty Images
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Malaysia’s Top Coalition Party Weighs Cabinet Roles, Report Says

The Democratic Action Party, the largest party in Malaysia’s ruling coalition, will decide in July whether to retain its cabinet posts or move to the backbenches in Prime Minister Anwar Ibrahim’s administration, in a move that could signal shifts in Chinese support for the premier.

A Malaysian flag next to the Parliament building in Kuala Lumpur. Photographer: Samsul Said/Bloomberg
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Malaysia January Exports Post Fastest Growth in Over Three Years

Malaysian exports, driven by a surge in electronics shipments, rose at the fastest pace in over three years in January, according to data released by the Ministry of Investment, Trade and Industry on Friday.

Shipping containers stacked at Westport Holdings Bhd. port at Port Klang, Selangor, Malaysia on Thursday, Feb. 8, 2024. The ringgit, which hit a 25-year low of almost 4.8 per dollar in October, remains under pressure amid the record-high interest rate differential with the Fed and concerns over Malaysia’s political stability. Photo: Richard Humphries/Bloomberg Photographer: Richard Humphries/Bloomberg
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Malaysia January Exports Post Fastest Growth in Over Three Years

Malaysian exports, driven by a surge in electronics shipments, rose at the fastest pace in over three years in January, according to data released by the Ministry of Investment, Trade and Industry on Friday.

Shipping containers stacked at Westport Holdings Bhd. port at Port Klang, Selangor, Malaysia on Thursday, Feb. 8, 2024. The ringgit, which hit a 25-year low of almost 4.8 per dollar in October, remains under pressure amid the record-high interest rate differential with the Fed and concerns over Malaysia’s political stability. Photo: Richard Humphries/Bloomberg Photographer: Richard Humphries/Bloomberg
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AirAsia’s Brand Unit Is Nearing Nasdaq Backdoor Listing

AirAsia co-founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the newly created entity at about $1.5 billion.

Tony Fernandes, chief executive officer of Capital A Bhd. and founder of AirAsia, in Kuala Lumpur, Malaysia, on Monday, Feb. 26, 2024. The aviation industry is experiencing a "purple patch" with demand for seats far outstripping capacity amid a long wait for new aircraft and a shortage of pilots further discouraging any fresh competition, Fernandes said.
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