AM Best Affirms Mongolian Re Credit Ratings

KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).

Capital A Expects To Exit PN17 Status By Year-end

KUALA LUMPUR, Dec 5 (Bernama) -- Capital A Bhd expects to complete the consolidation of its aviation business to AirAsia X Bhd and exit Practice Note 17 (PN17) status by the end of this month. 

AM Best Affirms Excellent Ratings For Hong Kong’s China Taiping Insurance

KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s China Taiping Insurance (HK) Company Limited [CTPI (HK)] financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).

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.

Cushman & Wakefield, BHP Extend Global Contract

KUALA LUMPUR, Dec 4 (Bernama) -- Cushman & Wakefield, a global real estate services firm, announced its Global Occupier Services (GOS) team has secured an off-market contract extension with BHP, one of the world’s leading resources companies.

Meltwater Recognised In IDC MarketScape For SMB Influencer Management

KUALA LUMPUR, Dec 4 (Bernama) -- Meltwater, a global leader in media, social, and influencer intelligence, has been recognised as a Leader in the new IDC MarketScape: Worldwide Influencer Management for SMB Companies 2025–2026 Vendor Assessment.

China Southern To Add Third Daily Guangzhou-Penang Flight

GEORGE TOWN, Dec 4 (Bernama) -- China Southern Airlines will increase its Guangzhou–Penang direct flights from two to three daily services from December 28, strengthening air connectivity ahead of Malaysia Tourism Year 2026.

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.

PSP Energy To Expand Marine Fuel Business With New Melaka Bunkering Hub

KUALA LUMPUR, Dec 4 (Bernama) -- PSP Energy Bhd is set to expand its marine fuel business with the development of a bunkering hub at Tanjung Bruas Port, Melaka.

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).