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IOI Properties Partners Maybank To Offer Green Financing For Home Seekers

KUALA LUMPUR, Nov 19 (Bernama) -- IOI Properties Group Bhd (IOIPG) is partnering with Maybank to offer home seekers up to 95 per cent + 5 per cent green financing for selected residential green homes.

MIDF Amanah Downgrades CelcomDigi To 'Neutral'

KUALA LUMPUR, Nov 19 (Bernama) -- MIDF Amanah Investment Bank Bhd has downgraded CelcomDigi Bhd to a “neutral” call with a lower target price of RM3.53 based on the telecommunications company’s third quarter of 2024 (3Q 2024) results. 

US-China Trade War Can Boost Malaysia's Chances To Be Multinational Investment Destination - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The new leadership change in the United States (US) is expected to affect the global trade landscape, particularly in trade relations between the United States and China.

Swift Energy Inks Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

CelcomDigi Posts Slightly Lower 3Q Profit Of RM436.98 Mln

KUALA LUMPUR, Nov 18 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM436.98 million for the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM455.72 million in the previous corresponding quarter.

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).

Kossan Shares Rise In Early Trade Despite Weaker 3Q Results

KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).

Bank Muamalat Forms Partnerships To Expand Social Finance Initiatives

KUCHING, Nov 16 (Bernama) -- Bank Muamalat Malaysia Bhd has expanded its social finance initiatives through several partnerships sealed at the ongoing Financial Literacy Carnival (KCK) 2024, which will run until tomorrow.

Malaysia’s Removal From US Treasury Monitoring List Indicates Balanced, Transparent Policies – Economist

KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.

Johor Port Honoured At Asia Best Employer Brand Awards 2024

JOHOR BAHRU, Nov 15 (Bernama) -- Johor Port Bhd, a member of MMC Group, was awarded top honours at the Asia Best Employer Brand Awards 2024 in an event held in Singapore on Nov 6.

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).