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AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

TNB CEO Honoured At Inaugural MADANI Business Awards 2025

KUALA LUMPUR, Dec 16 (Bernama) -- Tenaga Nasional Bhd (TNB) chief executive officer (CEO) Datuk Megat Jalaluddin Megat Hassan has been named “MADANI Best CEO of the Year” at the inaugural MADANI Business Awards 2025 recently. 

MAG Aims To Double Topline Revenue To Over RM24 Bln By 2030 Through LTBP3.0

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia Aviation Group Bhd (MAG) aims to double its topline revenue to more than RM24 billion by 2030 through its Long-Term Business Plan 3.0 (LTBP3.0) unveiled today. 

Labuan-based Flexi Flex Bags 'SME100 Fastest-growing Companies Award'

LABUAN, Dec 15 (Bernama) -- Flexi Flex Hydraulics Sdn Bhd has made history as the first company from Labuan to win the prestigious “SME100 Malaysia – Fastest Growing Companies Award”, underscoring its leadership and growing contribution to the region’s industrial development.

SMEs Advance Further This Year Amid Stable Environment, Consistent Policies And Targeted Support

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- Small and medium enterprises (SMEs), regarded as the backbone of the economy, progressed further this year, buttressed by a more stable economic environment and a gradual recovery in domestic demand, which boosted sales and business confidence across the sector.

Malaysia Needs Modernised Grid For Competitive Low-Carbon Economy - Fadillah

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia needs to modernise its power systems to build a low-carbon economy that is competitive, inclusive and resilient, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Ringgit Maintains Upward Trend, Trades Firmer Against US Dollar

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.

Malaysia’s Aviation Sector Soars To New Heights In 2025, Search For MH370 Resumes On Dec 30

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 15 (Bernama) – As the year draws to a close in what was surely an eventful period for the aviation sector, news that the search for Malaysia Airlines flight MH370 will resume on Dec 30 will hog the limelight in 2026.

2025: A Year Malaysia kept Moving Despite Headwinds, Though Outlook Remains Cautious

KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.

Airwallex Secures Majority Stake In Indonesia’s PT Skye Sab

KUALA LUMPUR, Dec 12 (Bernama) -- Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licence holder, strengthening its position across Southeast Asia and expanding access to its global financial infrastructure for Indonesian merchants.

Ringgit Continues To Soar, Hitting 4.09 Vs US Dollar, The Highest Since April 2021

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data.