LATEST NEWS   Govt wants to reactivate student exchange, encourage New Zealand students to pursue TVET in Malaysia – DPM Ahmad Zahid | Malaysia ready to send 100 more MARA-sponsored students to pursue studies in New Zealand, particularly in green technology - DPM Ahmad Zahid | KPKM introduces two new padi varieties, MR CL3 and MR CL4, to address weedy rice issue - Mohamad | Govt approves pre-gazettement specialist incentive payment for medical officers undergoing supervised work experience after specialty training - MOH | 

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Govt Will Ensure The People Will Not Be Burdened By Economic Reforms - PM Anwar

KUALA LUMPUR, Nov 23 (Bernama) -- The government is committed to ensuring that the implementation of MADANI economic reforms has minimal or no impact on the people in general, said Prime Minister Datuk Seri Anwar Ibrahim.

Outlook For DUAE Segment Remains Positive Despite Capacity Challenges, Says AM Best

KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.

Petronas Chemicals' Shares Up At Mid-Morning Despite 3Q Net Loss

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd’s shares on Bursa Malaysia rose during the mid-morning session despite recording a RM789 million net loss in the third quarter ended Sept 30, 2024 (3Q 2024) compared with a net profit of RM424 million in the same period last year. 

AM Best Joins 14th ASEAN Insurance Congress On Nov 25

KUALA LUMPUR, Nov 20 (Bernama) -- Global credit rating agency, AM Best will participate in the 14th annual Association of Southeast Asian Nations (ASEAN) Insurance Congress, scheduled for Nov 25, in Jerudong, Brunei Darussalam.

UEM Sunrise Gets Nod For Mixed-used Residential Project In Perth

KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).

Malaysia, Republic Of Guinea Should Enhance Engagement In Technical Assistance - Liew

KUALA LUMPUR, Nov 16 (Bernama) -- Malaysia and the Republic of Guinea should intensify their engagement, particularly in market access and technical assistance, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re 

KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent). 

Narrowing Of Interest Rate Differentials Positive For Ringgit - BNM Governor 

KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM).