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Search Result for “Penang”

Showing 1 - 10 of 44

BUSINESS

AirAsia X revives London route

Reuters, Published on 11/02/2026

» The Malaysian budget carrier AirAsia X on Wednesday announced plans to resume flights from Kuala Lumpur to London via a new hub in Bahrain, using the extended range of narrow-body jets to stitch fresh routes alongside ​established carriers.

BUSINESS

Intel pledges $208 million Malaysia chip investment

Bloomberg News, Published on 02/12/2025

» KUALA LUMPUR — Intel Corp will invest an additional 860 million ringgit (US$208 million) to make Malaysia its assembly and testing operations centre, according to Prime Minister Anwar Ibrahim, giving a boost to the Southeast Asian nation’s critical role in the global semiconductor supply chain.

BUSINESS

Economy to escape major hit from floods

Business, Wichit Chantanusornsiri and Somruedi Banchongduang, Published on 02/12/2025

» Deadly flooding in the South has had a limited impact on the national economy, with the Bank of Thailand estimating it will reduce national GDP growth by no more than 0.2%.

BUSINESS

Hong Kong aims to increase flights to Asean, Middle East under belt and road plan

South China Morning Post, Published on 14/07/2025

» Hong Kong is striving to enhance its connectivity with countries under the Belt and Road Initiative by increasing flight frequencies to strategic destinations such as Xinjiang, Riyadh and Dallas, as well as launching new direct routes to second-tier Asean and Middle Eastern locations, the city's chief for the national plan has said.

BUSINESS

Malaysia’s Penang to start using durian tracking system to curb fraud: report

Bloomberg, Published on 30/05/2025

» Malaysia’s state of Penang has urged its durian growers to register for a tracking system to curb the spread of counterfeit versions of the prickly, pungent fruit from June 1, according to Bernama.

BUSINESS

Hong Kong airport boosts efforts to lure foreign airlines as it waits on Cathay

South China Morning Post, Published on 26/11/2024

» The authority managing Hong Kong's international airport is doing all it can to coax overseas airlines and seek new routes to fill the extra capacity created by the soon-to-debut three-runway system while waiting for city flag carrier Cathay Pacific Airways to fully restore its pre-pandemic passenger capacity.

BUSINESS

Taiwanese startup touts Thai relocation

Suchit Leesa-nguansuk, Published on 22/08/2024

» Thailand can gain a geopolitical advantage from Taiwan by manufacturing electric vehicle (EV) batteries and auto components, including integrated circuit packaging and testing.

BUSINESS

Thai Lion Air beefs up fleet, adds routes

Business, Molpasorn Shoowong, Published on 16/08/2024

» Thai Lion Air is ramping up its fleet and returning to its routes as tourism demand grows, targeting 6-7 million passengers and a profit for the first time post-pandemic.

BUSINESS

Songkhla touts its Mice tourism potential

Assawin Pakkawan, Published on 16/06/2024

» Songkhla's administration is partnering up with businesses in the tourism sector to promote the province as a Mice (meetings, incentives, conferences and exhibitions) destination to Malaysians.

BUSINESS

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.