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KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.
KUALA LUMPUR, Sept 9 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism (NCM), aimed at providing a more transparent and attractive tax and incentive structure to strengthen Malaysia’s automotive industry.
KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia has at least 4,100 electric vehicle (EV) charging points nationwide to cater to the growing demand for EVs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, Sept 8 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly owned subsidiary, Icon Samudera (L) Inc, will dispose of a vessel to Vietnam’s Asia Investment and Asset Management Joint Stock Company for RM28.13 million.
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 6 (Bernama) — Hosting mega events such as the Formula One Grand Prix (F1 GP) is vital for Malaysia’s competitiveness and global standing, but bringing it back should only happen with a well-coordinated national strategy, said former Sepang International Circuit (SIC) chief Datuk Razlan Razali.
PUTRAJAYA, Sept 4 (Bernama) -- As preparations for the upcoming Budget 2026 to be unveiled in October are underway, the government will also examine support mechanisms to strengthen housing reform, with a particular focus on expanding access to affordable housing, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Sept 3 (Bernama) -- MSP Sports Capital, a New York-based private investment firm, has confirmed the sale of its equity interest in McLaren Racing, including its Formula 1 (F1) Team, to McLaren Group Limited.
KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.
KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.
By Harizah Hanim Mohamed
BUSAN, Aug 31 (Bernama) -- Busan’s bustling Jagalchi Fish Market, with sellers wooing visitors with friendly smiles and calling out “Malaysia! Murah! Murah! Sannakji! Sannakji! (live octopus), reminding me of keropok lekor sellers in Pasar Payang in Terengganu.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 30 (Bernama) -- Malaysians have long lifted their eyes with pride to the nation’s skyline, from the clock tower of the Sultan Abdul Samad Building to the soaring Petronas Twin Towers, and now the shimmering spire of Merdeka 118.
