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.
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Banking Sector's Loan Growth To Taper To 4-5 Pct In 2025 - AmInvestment Bank
KUALA LUMPUR, Nov 18 (Bernama) -- AmInvestment Bank expects loan growth in the banking sector to taper to 4.0-5.0 per cent in 2025 on a potential tariff driven slowdown in exports and risk to consumption spending from the RON 95 rationalisation.
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).
Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim
LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.
Yayasan Bank Rakyat Bags 'Community Initiative' Award At ACES 2024
BANGKOK, Nov 15 (Bernama) -- Yayasan Bank Rakyat (YBR) received the ‘Community Initiative’ award at the Asia Corporate Excellence & Sustainability (ACES) 2024 here on Thursday in recognition of its efforts to improve the socioeconomic status of Malaysians.
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).
Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global
KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global.
Capital A's MRO Arm Receives Vietnam's Civil Aviation Authority's Certification
PUTRAJAYA, Nov 12 (Bernama) -- Asia Digital Engineering (ADE), Capital A's maintenance, repair, and overhaul (MRO) arm, is expanding into Vietnam after receiving Vietnam’s Civil Aviation Authority’s approved maintenance organisation (AMO) certification.
Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew
KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).
Malaysia's Green Building Demand Set To Reach 10 Mln Sq Ft Annually : JLL Malaysia
KUALA LUMPUR, Oct 28 (Bernama) -- Demand for green buildings in Malaysia is projected to surge significantly in the coming years, potentially reaching around 10 million square feet annually.
AirAsia Carries Over 45 Million Passengers Year-to-date -- Capital A
KUALA LUMPUR, Oct 28 (Bernama) -- AirAsia has carried over 45 million passengers year-to-date, maintaining a high load factor of 90 per cent, said Capital A Bhd.
Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive
KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.