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KUALA LUMPUR, Jan 19 (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 The Japan Ship Owners’ Mutual Protection & Indemnity Association (Japan P&I), with a stable outlook.
JOHOR BAHRU, Jan 19 (Bernama) -- Rianlon Corporation’s decision to establish a research and development (R&D) and manufacturing facility in Johor reflects strong and sustained investor confidence in the state as a regional hub for high-value and technology-driven investments.
KUALA LUMPUR, Jan 19 (Bernama) -- His Majesty Sultan Ibrahim, King of Malaysia congratulated the government on Malaysia's success as the ASEAN chair last year and the country's success in recording positive economic growth last year.
KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann.
KUALA LUMPUR, Jan 19 (Bernama) -- The expansion of the retail network from 3,000 to 10,000 outlets for Sumbangan Asas Rahmah (SARA) is a significant milestone in ensuring that the RM8 billion allocated this year serves as a safety net for the 8.1 million recipients, the Small and Medium Enterprises Association of Malaysia (SAMENTA).
KUALA LUMPUR, Jan 19 (Bernama) -- The successful implementation of more than 170 socio-economic development initiatives under the 12th Malaysia Plan (12MP) has contributed to the nation’s gross domestic product (GDP) growth between 2021 and 2025, which is estimated to be at 5.2 per cent per annum.
KUALA LUMPUR, Jan 18 (Bernama) -- AirAsia X Bhd has completed the acquisition of AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd from Capital A Bhd, marking the final step in the consolidation of the group’s aviation businesses.
By Zufazlin Baharuddin
KUALA SELANGOR, Jan 18 (Bernama) -- SumiSaujana Group Bhd, through wholly-owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM), plans to diversify further into bio-based specialty chemical materials this year, building on its core capabilities in producing both ready-formulated and custom-made specialty chemicals and additives.
By Thean Lee Cheng
KUALA LUMPUR, Jan 18 (Bernama) -- After a 23-year journey together, the partnership between Aeroline and Corus Hotel KLCC has come to an end.
KUALA LUMPUR, Jan 17 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has hosted a delegation from Papua New Guinea led by Minister for International Trade and Investment Richard Maru, as the country seeks closer palm oil cooperation in technical areas and research and development (R&D).
By Nor Baizura Basri and Mohd Iswandi Kasan Anuar
PUTRAJAYA, Jan 17 (Bernama) -- The reform agenda implemented under the MADANI Economy framework which emphasises fiscal discipline has strengthened investor confidence in the country and contributed to the ringgit’s strengthening last year, according to Treasury secretary-general Datuk Johan Mahmood Merican.
By Mohd Iswandi Kasan Anuar and Nor Baizura Basri
PUTRAJAYA, Jan 17 (Bernama) -- Despite the view that subsidies are inefficient and prices of basic necessities should be determined by market forces, the MADANI Government has chosen a more realistic approach by providing targeted subsidies to help households cope with cost-of-living pressures.
