LATEST NEWS   3 pm: Voter turnout in Kinabatangan by-election stands at 50.37 per cent, Lamaq at 55.16 per cent - EC | Six polling centres for Kinabatangan by-election were closed at 3 pm - EC | By-elections: Five other polling centres closed in Kinabatangan, two in Lamaq as at 2 pm - EC | Govt committed to strengthening religious schools, pondok institutions as strongholds of faith and morals of the ummah - PM Anwar  | 1 pm: Voter turnout in Kinabatangan by-election stands at 43.23 per cent, Lamag at 44.50 per cent - EC | 

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Ringgit Closes Higher As US Banking Worries Weigh On Greenback

By Anas Abu Hassan

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit ended the week marginally higher against the American dollar on Friday as worries over US banks weighed on the greenback amid US-China trade tensions.

Gradiant Secures US$50 Mln Credit Facility From HSBC To Expand Global Water Solutions 

KUALA LUMPUR, Oct 17 (Bernama) -- Gradiant, a global provider of advanced water and wastewater solutions, has secured a US$50 million corporate credit facility from HSBC, bringing its total credit lines to over US$100 million. (US$1=RM4.21)

IGEM 2025 And KLSS Strengthen Malaysia's Position To Lead ASEAN’s Green Agenda 

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia is strengthening ASEAN’s collective climate ambition by placing sustainability and climate action at the core of its regional agenda as the ASEAN chair in 2025.

Ringgit Opens Higher Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, lifted by growing expectations of an imminent US interest rate cut and a broader risk-off mood in global markets.

AM Best To Lead Session, Sponsor And Exhibit At Thailand Reinsurance Conference

KUALA LUMPUR, Oct 16 (Bernama) -- Global credit rating agency, AM Best announced it will lead a session, sponsor and exhibit at the inaugural Thailand Reinsurance Conference, taking place from Oct 30 to Nov 1 in Bangkok.

Budget 2026 Marks Shift To Investment-driven Growth While Upholding Fiscal Discipline — Economists

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.

SAMENTA Welcomes Budget 2026 As A Positive, Pragmatic Plan For SMEs

KUALA LUMPUR, Oct 10 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) has described Budget 2026 as a positive and pragmatic plan that recognises the critical role of Small and Medium Enterprises (SMEs) in driving and sustaining Malaysia's economic growth.

Malaysia’s Financial Market Outlook Remains Positive On Strong Fundamentals, Supportive Monetary Policy

By Karina Imran and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth. 

AM Best Affirms Philippines Nat Re's Credit Ratings With Stable Outlook 

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

SJKP Guarantees Over 100 Pct Home Financing For First-time Buyers

KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by improved local market sentiment ahead of Budget 2026, which is expected to be a key catalyst for the currency.