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News

Sunway’s IJM Bid Collapses At The Shareholder Gate

Sunway secured only 33% of IJM shares, ending a RM11 billion deal that would have reshaped Malaysia's construction sector.

Malaysia Airlines Returns To Fukuoka After 20 Years As Sole Nonstop Operator

Malaysia Airlines returns to Fukuoka after nearly 20 years as the only nonstop carrier between Kuala Lumpur and Kyushu from September 2026.

MoMo’s Profitability Milestone Opens New Options For Vietnam’s Leading Fintech Platform

MoMo is exploring a new investment round above US$2 billion, its first major capital process since a 2021 Series E led by Mizuho Bank.

Finastra And Marketnode Deploy AI To Cut Loan Onboarding From Hours To Minutes

Finastra and Marketnode cut credit agreement onboarding from two hours to ten minutes using AI document automation inside Loan IQ.

Ocean Thunder Transit Reveals How Bilateral Relationships Now Govern Global Oil Flows

A Petronas tanker carrying one million barrels of Iraqi crude became the first Malaysian vessel to clear the Strait of Hormuz.

Indonesia Sets July 1 B50 Biodiesel Launch As Hormuz Crisis Revives Stalled Mandate

Indonesia sets July 1, 2026, as the mandatory start for its B50 biodiesel mandate, blending 50% palm oil with 50% fossil diesel nationwide.

Hormuz Shock Sharpens Malaysia’s Case For Nuclear Energy As Long-Term Supply Buffer

Malaysia confirms a comprehensive nuclear energy assessment, citing safety, cost, legal frameworks, talent development, and public acceptance as key criteria.

Hunters International Ransomware Attack On Bank Rakyat Leads To RM1 Million Regulatory Fine

Bank Negara Malaysia fined Bank Rakyat RM1 million after a ransomware group exfiltrated 463 gigabytes of customer data in September 2024.

SCBX Registers BankX Bank Entity While Withdrawing From USD 796 Million Vietnam Deal

SCBX has incorporated BankX Bank with KakaoBank and WeBank as partners, targeting a THB 5 billion capital base before the licence filing.

Indonesia Positions Danantara As Gateway For Korean Conglomerate Capital In 2026

South Korea designated Indonesia its sole Special Comprehensive Strategic Partner, signalling intent to deepen investment ties well beyond current rankings.