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AM Best Affirms Excellent Ratings For Bermuda’s NEWGT Reinsurance

KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermuda’s NEWGT Reinsurance Company Ltd (NEWGT).

Govt Urged To Provide Green Financing Incentives To MSMEs -- Senator

KUALA LUMPUR, Dec 4 (Bernama) -- The government is urged to provide green financing incentives to micro, small and medium enterprises (MSMEs) to promote the country’s transition towards decarbonisation, said Senator Datuk Ng Keng Heng.

Snowflake Deepens Partnership With AWS, Anthropic, Accenture To Expand AI Capabilities

From Siti Noor Afera Abu

LAS VEGAS, Dec 3 (Bernama) -- US-based cloud company Snowflake today announced that it has deepened strategic partnerships with Amazon Web Services (AWS), Anthropic and Accenture to expand its artificial intelligence (AI) services and capabilities.

EcoWorld’s EBP7 Forum Sparks New Industrial Momentum In MVV 2.0

SEREMBAN, Dec 4 (Bernama) -- Eco Business Park VII (EBP7), EcoWorld’s next-generation integrated industrial hub in Malaysia Vision Valley 2.0 (MVV 2.0), hosted the 'EcoWorld Connects: Business Ascend Forum', bringing together industry experts and business partners to discuss ASEAN opportunities, industrial transformation and the rise of the artificial intelligence (AI)-driven economy.

BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).

Govt Urged To Scrap 5 Pct Sales Tax On Sawn Timber, Review SST Expansion

KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.

eXp Realty Expands Into Romania, Netherlands, Plans Luxembourg Entry

KUALA LUMPUR, Dec 3 (Bernama) -- Independent real estate brokerage and core subsidiary of eXp World Holdings Inc, eXp Realty, has expanded into Romania and the Netherlands and announced its planned entry into Luxembourg, marking a strong close to a year of high-impact global growth.

Dmitry Shubov Highlights Common Pitfalls For Southeast Asian Startups Entering US Market

KUALA LUMPUR, Dec 3 (Bernama) -- Dmitry Shubov Consulting, a firm specialising in pre-seed and seed-level startups in Southeast Asia, has outlined the most common mistakes made by businesses attempting to enter the United States (US) market.

ASEAN Must Strengthen Cybersecurity As Digital Adoption Grows - AWS

LAS VEGAS, Dec 2 (Bernama) -- ASEAN countries, including Malaysia need stronger cyber protection as the region accelerates digital adoption, said Amazon Web Services (AWS).

Ethiopian Airlines Sees Stronger Asia-Pacific Growth With Malaysia Emerging As Fast-Growing Market

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 3 (Bernama) – Ethiopian Airlines is strengthening its presence in the Asia-Pacific region, with Malaysia emerging as one of its fastest-growing markets amid surging air travel demand between Africa and Asia.

Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).

Zafrul’s Industrial Master Plan A Sweeping Vision For Local Companies To Be Global Contenders

By Nurul Jannah Kamaruddin & Nur Aiman Najwa Dzamae

KUALA LUMPUR, Dec 2 (Bernama) -- Tengku Datuk Seri Zafrul Abdul Aziz ends his term as Investment, Trade and Industry Minister today, leaving behind a sweeping vision for Malaysia's future, where companies from small and medium enterprises (SMEs) to major players can rise to become global contenders.