AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (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 Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.

Allianz Life Introduces Allianz Elitechoice Insurance Solution For SMEs

KUALA LUMPUR, April 2 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) has introduced Allianz EliteChoice, a competitive and comprehensive insurance plan for small and medium enterprises (SMEs). 

Cybersecurity Powers Malaysia’s Digital Factories To A Secure Future

KUALA LUMPUR, April 3 (Bernama) -- As Malaysian manufacturers undergo digital transformation, safeguarding operations, data, and supply chains from rising threats becomes crucial, requiring swift action to bolster cybersecurity defences.

Hairdressing Empire In The Making: Nimroc Eyes 100 Branches In Five Years

By Norsyafawati Ab Wahab

KUALA LUMPUR, April 1 (Bernama) -- Men’s hairdressing brand Nimroc Holdings Sdn Bhd, which has grown from a small night-market business into a chain of 19 barber shops nationwide, aims to have 100 branches within the next five years.

Cautious Aidilfitri Spending Despite Stable Economy, Labour Market

PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.

WEF Highlights Malaysia’s EPF As Model For Sustainable Retirement Reform

KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.  

ACE Market-listed Southern Score Builders Proposes Listing Transfer To Main Market

KUALA LUMPUR, March 27 (Bernama) -- ACE Market-listed Southern Score Builders Bhd has proposed to transfer its listing and entire issued share capital to the Main Market of Bursa Malaysia.

Prasarana Collaborates With Learning Edge To Strengthen Service Delivery, Operations

PETALING JAYA, March 26 (Bernama) -- Prasarana Malaysia Bhd has partnered with Corporate Learning Consultants Sdn Bhd (Learning Edge) in a strategic move to enhance service delivery and boost operational competitiveness ahead of Visit Malaysia Year 2026, backed by a RM1.3 million investment over one year.

Public Investment Bank Lowers 2025 CPI Forecast To 2.4 Percent on Soft Start To The Year

KUALA LUMPUR, March 24 (Bernama) -- Public Investment Bank Bhd (PIVB) has lowered its 2025 full-year Consumer Price Index (CPI) forecast to 2.4 per cent from 3.0 per cent previously.

AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Nestle Malaysia, Local Partner Invest RM250 Mln In New Logistics Hub

KUALA LUMPUR, March 21 (Bernama) -- Nestlé Malaysia and its local partner Malconrep Depot (M) Sdn Bhd have jointly invested RM250 million to establish an integrated logistics hub in Port Klang, which is expected to be fully operational by the first quarter of 2026 (1Q 2026).

Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.