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AM Best Affirms Hong Leong Insurance (Asia) Credit Ratings As Excellent

KUALA LUMPUR, Jan 26 (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 Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.

Saudi Ministers Pitch 'Connector Economy' At WEF Davos

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.

MTT Shipping And Logistics Gets SC Approval For Main Market Listing

KUALA LUMPUR, Jan 26 (Bernama) -- Maritime logistics services provider MTT Shipping and Logistics Bhd (MTTSL) has obtained approval from Securities Commission Malaysia (SC) for its proposed listing on the Main Market of Bursa Malaysia Securities Bhd.

MyIKD Being Developed To Strengthen Digital Inclusivity - Gobind

KUALA LUMPUR, Jan 26 (Bernama) --  The Ministry of Digital is developing the Malaysia Digital Inclusivity Index (MyIKD) as part of efforts to strengthen the planning and monitoring of digital inclusivity more comprehensively.

Infra, HUMAIN Seal US$1.2 Bln Saudi AI Infrastructure Deal

KUALA LUMPUR, Jan 26 (Bernama) -- The National Infrastructure Fund (Infra) and HUMAIN announced a Strategic Financing Framework Agreement of up to US$1.2 billion to expand artificial intelligence (AI) and digital infrastructure projects in the Kingdom of Saudi Arabia. (US$1=RM3.98)

Quantexa Claims Accelerator Now On Guidewire Marketplace

KUALA LUMPUR, Jan 26 (Bernama) -- Quantexa, a global pioneer in Decision Intelligence (DI), announced the global availability of its Quantexa Accelerator for Decision Intelligence for Guidewire ClaimCenter on the Guidewire Marketplace.

Anwar Expresses Gratitude As Ringgit Hits Strongest Level In Over Seven Years

PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.

Bursa Malaysia Opens Higher On Foreign Fund Buying

KUALA LUMPUR, Jan 26 -- Bursa Malaysia opened higher on Monday, extending gains from last week, as foreign funds continued to snap up local shares, reflecting sustained external confidence in the Malaysian market. 

Ringgit Opens At More Than Seven-Year High On Steady OPR

KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.

EcoCeres Set To Position Johor In Global Fuel Supply Chain -- Onn Hafiz

JOHOR BAHRU, Jan 25 (Bernama) -- EcoCeres Renewable Fuels, a global producer of sustainable and low-carbon fuels in Johor, is set to position the state within the global supply chain for future fuels.

QL Resources To Develop RM1.3 Bln Food Manufacturing Hub In Perak

BAGAN DATUK, Jan 25 (Bernama) -- Agro-based food manufacturer QL Resources Bhd is creating a food manufacturing hub, QL Innofood Park, through a strategic investment of RM1.3 billion.

ManageEngine To Open Data Centre In Asean This Year

CHENNAI, Jan 25 (Bernama) -- Zoho Corporation's IT division ManageEngine is planning to open a data centre in the ASEAN region this year.