KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
KUALA LUMPUR, June 3 (Bernama) -- VistaJet, the world’s first and only global private aviation company, has reported a 17 per cent increase in flight traffic in 2024, driven by growing demand for pet-friendly summer travel.
KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the long-term issuer credit rating to “bbb” (Good) from “bbb-” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).
KUALA LUMPUR, June 2 (Bernama) -- Ongoing geopolitical and economic uncertainties present the most significant risks to the airline industry outlook, said International Air Transport Association (IATA) director general Willie Walsh.
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
From Nor Baizura Basri
SAN FRANCISCO, June 2 (Bernama) -- Snowflake, a global cloud computing company, views Malaysia as one of its top priority markets and among the most important economies in ASEAN for expanding operations, especially amid rising interest from the world’s top companies looking to invest in open data and data centres in the country.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 31 (Bernama) -- MTD Properties Sdn Bhd has announced RM1 billion gross development value (GDV) investment for next-generation (next-gen) townships in Kajang, Selangor and Malacca, designed with a strong focus on sustainability, innovation, and quality.
BEIJING, May 30 (Bernama) -- Malaysia Airlines is intensifying efforts to deepen bilateral cooperation, boost passenger volumes, and enhance cargo exchanges between China and Malaysia, reaffirming its commitment to being the preferred carrier connecting China with Malaysia and the broader global market.
KUALA LUMPUR, May 30 (Bernama) -- Master Tec Group Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia in less than two years after the company's debut on the ACE Market in January 2024.
KUALA LUMPUR, May 30 (Bernama) -- Mah Sing Group Bhd's net profit increased to RM66.04 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.05 million in 1Q 2024, supported by an increase in the property development segment.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
