KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian

KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89). 

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.

IGB REIT's Shares Up After Posting Positive 2Q Results

KUALA LUMPUR, July 30 (Bernama) -- IGB Real Estate Investment Trust’s (IGB REIT) shares rose in early trade on Wednesday after posting stronger earnings for the second quarter (2Q) ended June 30, 2025.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

AM Best Assigns Stable Outlook To Vietnam’s Military Insurance Corporation

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good), a long-term issuer credit rating of “bbb” (Good) and a Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to Military Insurance Corporation (MIC).

Jumio Unveils Advanced Biometric Solution For Enhanced Digital Identity Fraud Detection

KUALA LUMPUR, June 19 (Bernama) -- Jumio, a leader in artificial intelligence (AI)-powered identity intelligence, has announced the general availability of its most advanced biometric liveness detection solution to date, Jumio Liveness Premium with advanced deepfake detection.

AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook 

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).

AEC Strategic Plan To Drive Deeper Regional Economic Integration, Strengthen Resilience - Economist

By Karina Imran

KUALA LUMPUR, May 27 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will drive deeper integration and create prosperity across the Southeast Asian economies, while strengthening the bloc’s resilience against external economic pressures, an economist said today.

Malaysian Economy Expands 4.4 Pct In 1Q, Anchored By Household Spending

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.

BNM’s 100-bps SRR Cut Gives Room To Assess US Tariff Impact - Moody’s Analytics

KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.

Jumio Unveils Cross-Transaction Risk To Strengthen Fraud Detection

KUALA LUMPUR, April 23 (Bernama) -- Jumio, an artificial intelligence (AI)-powered biometric identity verification and compliance solutions provider, has announced the general availability of Cross-Transaction Risk to help businesses detect fraud by connecting identity elements across the Jumio network.