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Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).

AHB Declares 5.0 Sen Per Unit Income Distribution For FY2025

KUALA LUMPUR, Oct 9 (Bernama) -- Pelaburan Hartanah Bhd (PHB), together with its fund manager, PHB Asset Management Bhd (PHBAM), today announced a final income distribution of 2.10 sen per unit for Amanah Hartanah Bumiputera (AHB) for the six months ended Sept 30, 2025.

Ringgit Ends Slightly Lower Against US Dollar On Caution Ahead Of Powell Speech

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed slightly lower against the greenback on Thursday as the US Dollar Index (DXY) stayed elevated, with investors remaining cautious ahead of a speech by the US Federal Reserve (Fed) Chair amid uncertainty over the federal government shutdown in the United States. 

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

ASEAN+3 Growth Revised To 4.1 Pct In 2025, 3.8 Pct In 2026

KUALA LUMPUR, Oct 9 (Bernama) -- Growth in the ASEAN+3 region is projected at 4.1 per cent in 2025 and 3.8 per cent in 2026, an upward revision from July’s forecast, supported by robust first-half performance and stronger-than-expected export momentum.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by improved local market sentiment ahead of Budget 2026, which is expected to be a key catalyst for the currency.

More Good News For JS-SEZ To Be Announced Next Week – Tengku Zafrul

SINGAPORE, Oct 8 (Bernama) -- More good news is expected to be announced next week on the Johor-Singapore Special Economic Zone (JS-SEZ), as part of ongoing efforts to sustain momentum in attracting investors to the area, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Ends Lower Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit ended easier against the US dollar amid cautious sentiment in the currency market, said an analyst.  

AXS Acquires Majority Stake In SISTIC To Strengthen Singapore Entertainment

KUALA LUMPUR, Oct 8 (Bernama) -- AXS, the global ticketing division of United States-based Anschutz Entertainment Group (AEG), has entered into a strategic partnership with Singapore’s leading ticketing platform, SISTIC, acquiring a majority stake in the company.

Efforts To Reduce Deficit Expected To Be Priority In Budget 2026 – Johari

PUTRAJAYA, Oct 8 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has hinted that Budget 2026 will prioritise efforts to reduce the country's fiscal deficit.

Singapore's MS First Capital Insurance Credit Ratings Upgraded By AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).

Glove Stocks Rise In Early Trade On Positive Sector Outlook

KUALA LUMPUR, Oct 8 (Bernama) -- Rubber glove stocks rose in early trade on Wednesday, driven by a positive sector outlook, Kenanga Investment Bank Bhd said, amid ongoing US-China geopolitical tensions.