Japan is providing the Malaysian Navy with an unspecified counter-uncrewed aircraft system to strengthen the country's maritime surveillance capabilities.
The Malaysian Finance Ministry says it has made no commitment to fund AirAsia, as the LCC cuts capacity amid cash-flow pressures from soaring jet fuel costs.
AirAsia Group is seeking up to $1 billion in financing from local and international financial institutions to strengthen liquidity after "floor quarter."
Weststar Group and Australia's Rocket Technologies International have signed a strategic joint venture agreement aimed at developing Malaysia's domestic space sector, including future launch capabilities.
Malaysia’s military modernization has been guided by Capability Development Plan 55, the first phase of which includes seven core strategic programs, with five directly related to aircraft procurement.
Malaysia’s AirBorneo unveiled a firm order for eight ATR turboprops on the first day of the Singapore Airshow as the airline develops its long-term fleet strategy in the wake of its rebranding.
Malaysia is looking to fast-track its multirole combat aircraft program after plans to acquire ex-Kuwaiti Boeing F/A-18 Hornets are expected to face delays.