Affin Group Achieves MSCI ESG Rating Upgrade To AA
KUALA LUMPUR, July 11 (Bernama) -- Affin Bank Bhd has been upgraded from ‘A’ to ‘AA’ in the Morgan Stanley Capital International (MSCI) environmental, social and governance (ESG) ratings.
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Malaysian Re Wins Two Prestigious Honours At Insurance Asia Awards 2025
KUALA LUMPUR, July 11 (Bernama) -- Malaysian Reinsurance Bhd (Malaysian Re) has secured two major accolades at the Insurance Asia Awards 2025 in Singapore, reinforcing its strong standing in the ASEAN reinsurance landscape.
MARC Ratings Projects Malaysian Economy To Grow By 4.4 Pct In 2025
KUALA LUMPUR, July 11 (Bernama) -- The Malaysian Rating Corporation Bhd (MARC Ratings) forecasts the Malaysian economy to grow by 4.4 per cent in 2025, down from 5.1 per cent in 2024, as external trade uncertainties dampen export momentum.
OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
PBAPP Launches RM5 Bln Sukuk To Boost Penang’s Water Infrastructure
GEORGE TOWN, July 8 (Bernama) -- Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) today launched its inaugural RM5 billion Islamic Medium-Term Notes (IMTN) Programme (Sukuk Programme) to support critical water infrastructure development and long-term water security in Penang.
ChemOne Secures US$350 Mln Islamic Insurance Cover From ISDB's Unit
KUALA LUMPUR, July 8 (Bernama) -- ChemOne Group has secured a US$350 million (US$1 = RM4.23) Islamic insurance cover from the Islamic Development Bank (IsDB)'s unit, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
SST And New Electricity Tariffs: Relief Measures To Ease Transition
By Nurul Hanis Izmir
PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.
AirAsia Inks US$12.25 Bln Airbus Deal To Add 70 Long-Range Jets
KUALA LUMPUR, July 5 (Bernama) -- AirAsia has signed an agreement to buy US$12.25 billion (RM51.72 billion) worth of long-range Airbus 321XLR aircraft, with deliveries confirmed by 2028, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
Malaysia Succeeds In Attracting RM8.13 Bln Potential Investments From Italy - PM Anwar
From D.Arul Rajoo
ROME, July 3 (Bernama) -- Potential investments worth RM8.13 billion have been achieved through the Malaysia-Italy economic cooperation roundtable meeting and meetings with companies here, said Prime Minister Datuk Seri Anwar Ibrahim.
Morningstar Unveils Free Investment Research Platform For Asia
KUALA LUMPUR, June 30 (Bernama) -- Morningstar Inc, a global leader in independent investment research, has launched a new Asia-focused digital investment research hub, offering region-specific data, tools, and insights to support informed financial decision-making.
Fitch Keeps 'Neutral' Outlook On Malaysia's Banking Sector, Revises Outlooks For Some Asian Countries
KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.