News

AirAsia X to disclose internal targets as it scales its next growth trajectory

Malaysia-based budget airline AirAsia X (AAX) is reinforcing its commitment to transparency and accountability by introducing internal targets as part of its financial disclosures.

Ant International appoints Worachat Luxkanalode as 2C2P CEO

Global digital payment firm Ant International has on Tuesday announced the appointment of Worachat Luxkanalode, as the new Chief Executive Officer (CEO) of 2C2P.

Senior Aerospace UPECA and DHL team up for more sustainable air freight with SAF

Senior Aerospace UPECA, a Malaysia-based subsidiary of Senior plc, an international manufacturer of high technology components and systems, has signed an agreement with global logistics firm DHL Express for the use of the GoGreen Plus service.

“Pabili po ng Cadbury?” Pinoys turn to sari-sari stores for premium chocolates during Valentine’s Day – Packworks study

According to Packworks’ data of sari-sari store sales transactions, Toblerone enjoyed nearly a 3,000 percent spike in sales between Feb 13 and 15, compared to the same days in other months. Meanwhile, Cadbury saw approximately a 500 percent increase in sales for the same periods.

Indonesia launches sovereign wealth fund Danantara – report

The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.

Golden Gate Ventures MENA secures strategic investment from Oman Investment Authority

Golden Gate Ventures, a Singapore-based early-stage investment firm, has announced a strategic partnership with Oman Investment Authority (OIA) through its technology investment arm, Innovation Development Oman (IDO).

Bullish Aim partners YTL Communications to develop next-generation common fiber infrastructure in Malaysia

Bullish Aim Group (BA Group), Malaysia-based telecommunications infrastructure provider, and YTL Communications Sdn Bhd, a subsidiary of YTL Power International Berhad, have entered into a strategic joint venture to develop next-generation common fiber infrastructure.

Capital A to issue internal targets for enhanced transparency and investor confidence

Malaysia-based Capital A has announced that it will be issuing internal targets moving forward, as part of its commitment to ensure transparency, accountability, and investor confidence.

CTOS, Maybank Islamic team up to launch BaaS initiative for SMEs, consumers in Malaysia

CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, has joined forces with Maybank Islamic Berhad, an Islamic financial institution in Malaysia, to launch the first of its kind banking-as-a-service (BaaS) initiative.

Youngtimers acquires Richmond Funds Management for APAC expansion

Following the successful acquisition of C Capital in November 2024, Youngtimers AG, a Swiss-listed company, has announced a major step in its Asia Pacific (APAC) expansion with the signing of a non-binding term sheet for the acquisition of the Australian-based Richmond Funds Management (RFM), which will be rebranded as C Capital Australia upon completion of…