KUALA LUMPUR, Dec 7 — Malaysia is witnessing a rapid transformation as foreign investments in technology and manufacturing pour in, driven by US-China tensions and Southeast Asia’s strategic advantages. According to a new Bloomberg report, the country attracted nearly US$44 billion (RM195 billion) in foreign direct investment to Penang alone since 2019, tripling its previous…
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. In an exclusive interview with the Post, the…
Malaysian cargo carrier Raya Airways has begun service on its new Penang-Hong Kong route, with the first flight taking off from Penang International Airport on October 28, 2024. The route will have five flights each week utilising the A321-200(PCF) aircraft. Founded in 1993, the airline specialises in express freight and air freighter charters, serving a…