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Port Of Tanjung Pelepas To Implement Electrification Initiative For Port Truck Fleet

ISKANDAR PUTERI, Dec 22 (Bernama) --  Port of Tanjung Pelepas (PTP), a joint-venture company between MMC Group and Netherlands-based APM Terminals, continues to move forward with the electrification of its port truck fleet, which is scheduled to be implemented next year.

HYCU, VSTECS Partner To Expand Data Protection In Southeast Asia

KUALA LUMPUR, Dec 22 (Bernama) -- HYCU Inc, a provider of modern data protection solutions, has entered into a distribution partnership with VSTECS, one of Asia-Pacific’s leading information and communications technology (ICT) distributors.

AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

EIG Acquires 49.87 Pct Stake In Peru Gas Pipeline Operator TgP

KUALA LUMPUR, Dec 22 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 49.87 per cent equity stake in Transportadora de Gas del Perú S.A. (TgP) from Canada Pension Plan Investment Board via its managed investment vehicles.

Transition Of MASwings Operations To AirBorneo Effective Jan 1, 2026

KUALA LUMPUR, Dec 22 (Bernama) -- The transition of MASwings operations to AirBorneo will take effect on Jan 1, 2026, following the completion of the ownership transfer process under the sale and purchase agreement (SPA) signed between Malaysia Aviation Group (MAG) and the Sarawak government on Feb 12, 2025.

Update Browsers, Operating Systems To Counter Cyber Threats - Banking Associations

KUALA LUMPUR, Dec 22 (Bernama) -- To safeguard banking accounts against cyber threats, the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) today urged customers to ensure that their web browsers and mobile devices are running the latest versions to protect against cyber vulnerabilities and scams.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Saudia Eyes More Flights Between Malaysia, Saudi Arabia As KLIA Anchors Asia-Pacific Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 22 (Bernama) -- Saudia Airlines is exploring opportunities to increase flight frequencies between Kuala Lumpur International Airport (KLIA) and key Saudi Arabian destinations in 2026, as Malaysia strengthens its role as a strategic growth and feeder market in the airline’s Asia-Pacific (APAC) expansion strategy.

Bank Islam Recognised As 2-Star Lister On UNGCMYB’s Inaugural ESG Select List 2025

KUALA LUMPUR, Dec 22 (Bernama) -- Bank Islam Malaysia Bhd has been recognised on the Environmental, Social and Governance (ESG) Select List 2025 by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), earning a 2-Star Lister distinction for its exemplary achievements across the North Star ESG Target Setting, Future-Fit and Responsible Workforce categories.

Razorpay Curlec Eyes Next Growth Phase As Malaysia’s Digital Payments Market Matures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 21 (Bernama) -- Razorpay Curlec Sdn Bhd is positioning itself for its next phase of growth as Malaysia’s digital payments market shifts from rapid adoption towards deeper integration, scale and cross-border capability, said country head and chief executive officer Kevin Lee.

MATRADE Appoints Abu Bakar Yusof As CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has appointed Abu Bakar Yusof as chief executive officer effective today.

IMF Evaluation Reflects Malaysia's Strong Economic Fundamentals - Economists

By Anas Abu Hassan

KUALA LUMPUR, Dec 20 (Bernama) -- The International Monetary Fund’s (IMF) assessment on Malaysia's economy shows that the country's prudent macroeconomic and financial policies have played a critical role in anchoring growth, economists said.