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KUALA LUMPUR, Nov 24 (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 South Korea’s Meritz Fire & Marine Insurance Co Ltd (Meritz), with a stable outlook.
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By ROHANA NASRAH
KOTA KINABALU, Nov 23 (Bernama) -- Sabah has entered a new phase in its marine-resource-based economic transformation through the Blue Economy initiative, which is expected to have a significant impact on the state’s economic growth, including the creation of more job opportunities.
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KUALA LUMPUR, Nov 19 (Bernama) -- Orkim Bhd, a marine transportation company, aims to raise RM92 million from its initial public offering (IPO) ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd on Dec 9, 2025.
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KUALA LUMPUR, Nov 12 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions, has opened a new office in Limassol, Cyprus, marking its first establishment in Europe.
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KUALA LUMPUR, Oct 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Micronesia’s Marble Reinsurance Corporation (Marble Re), maintaining a stable outlook.
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KUALA LUMPUR, Oct 21 (Bernama) -- Clean Jeju Green Tea Cooperative ‘Sumang’, a processor of agricultural, marine, and herbal materials from Jeju Island, has announced its plans to expand research and development (R&D) activities of functional biomaterials derived from the island’s natural resources.
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KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.
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KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).
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KUALA LUMPUR, Oct 7 (Bernama) -- The government should allocate funds to develop and upgrade port reception facilities (PRFs) to enhance environmental compliance under the upcoming Budget 2026, said Hexagon Synergy Group, a pioneer in PRF development in Malaysia.
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By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 7 (Bernama) -- Protecting Malaysia’s marine ecosystems is not only an environmental imperative but also a form of economic insurance that supports fisheries, tourism and coastal infrastructure, a conservationist said.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 6 (Bernama) -- Offshore support vessel (OSV) operator Perdana Petroleum Bhd has urged the government to introduce targeted fiscal incentives in Budget 2026 to sustain Malaysia’s marine support services sector amid rising operational costs and the industry’s transition towards decarbonisation.
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KUALA LUMPUR, Oct 1 (Bernama) -- Malaysian Gas Association (MGA) has called on the government to strengthen fiscal support and incentives for the natural gas industry in Budget 2026, and to act on three immediate priorities for the industry.