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Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

MidOcean Energy Acquires 20 Pct Stake In PETRONAS Canada Assets

KUALA LUMPUR, Dec 18 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has completed the acquisition of a 20 per cent interest in PETRONAS’ key entities in Canada.

Gamuda Shares Rises During Early Trade After Securing RM2.69 Bln Marinus Link Project In Australia

KUALA LUMPUR, Dec 18 (Bernama) -- Gamuda Bhd’s shares rose at early trade today after its wholly owned Australian subsidiary, DT Infrastructure Pty Ltd, as part of the TasVic Greenlink joint venture with Samsung C&T Corporation, was jointly awarded the A$994 million (RM2.69 billion) Marinus Link project in Australia.

Palm Oil Sector Holds Steady In 2025 As Golden Crop Spared From Debilitating US Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed

Noraini Ahmad Appointment To Boost Sustainable Agribusiness Growth

KUALA LUMPUR, Dec 16 (Bernama) -- The appointment of Datuk Seri Dr Noraini Ahmad to lead the Ministry of Plantation and Commodities is expected to sustain efforts to steer Malaysia’s agribusiness sector towards more sustainable growth.

MITTA, MOTAC Step Up Efforts To Curb Illegal Tourism Operators

KUALA LUMPUR, Dec 16 (Bernama) — The Malaysian Indian Tour and Travel Association (MITTA) and the Ministry of Tourism, Arts and Culture (MOTAC) are stepping up efforts to curb illegal and unlicensed tourism operators amid a rise in such activities.

Bursa Malaysia Closes Higher For Fourth Consecutive Session

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.

Akmal Nasrullah Named Economy Minister

KUALA LUMPUR, Dec 16 (Bernama) -- After helming the deputy minister’s role twice in different ministries, Akmal Nasrullah Mohd Nasir will now take on a new role as Economy Minister.

Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.

Independent Assessors To Submit Reports On Aerotrain by Mid-January 2026 -- Malaysia Airports

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) today announced that two independent assessors, Alstom and IJMC-PESTECH which review the Aerotrain’s design, installation, operations and maintenance, are expected to submit their consolidated reports by mid-January 2026. 

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Captain Izham Bids Farewell To Final Media Engagement, Expresses Confidence In MAG's Successors

KUALA LUMPUR, Dec 15 (Bernama) -- Outgoing Malaysia Aviation Group (MAG) group managing director Datuk Captain Izham Ismail on Monday marked his final official engagement with the media, closing a chapter spanning more than four decades with the company, with gratitude, reflection and quiet emotion.