4m ago
PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.
4m ago
KUALA LUMPUR, Sept 4 (Bernama) -- PBA Holdings Bhd's unit Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) has successfully issued its inaugural sustainability sukuk wakalah in aggregate of RM300 million in nominal value under its sukuk wakalah programme.
4m ago
PUTRAJAYA, Sept 4 (Bernama) -- As preparations for the upcoming Budget 2026 to be unveiled in October are underway, the government will also examine support mechanisms to strengthen housing reform, with a particular focus on expanding access to affordable housing, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
4m ago
KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.
4m ago
KUALA LUMPUR, Sept 2 (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) for Bermuda’s INPEX Insurance Ltd (IIL), with a stable outlook.
4m ago
KUALA LUMPUR, Sept 2 (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 Macau Insurance Company Limited (MIC).
5m ago
KUALA LUMPUR, Aug 29 (Bernama) -- CTOS Data Systems, Malaysia’s leading credit reporting agency and digital solutions provider, has entered into a strategic memorandum of understanding (MoU) with GB Gold Sdn Bhd to reinforce digital trust and strengthen customer protection on the GB Gold Platform.
5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.
5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029.
5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.
5m ago
KUALA LUMPUR, Aug 28 (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 Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).
5m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The Federal Government will develop policies or guidelines and explore the creation of a platform for trading blue carbon credits, said Finance Minister II Datuk Seri Amir Hamzah Azizan.