1d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
2d ago
KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.
2d ago
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
2d ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
3d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.
3d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
3d ago
KUALA LUMPUR, Feb 28 (Bernama) -- The 6.15 per cent dividend declaration for both Conventional and Shariah savings for 2025 reflects the strength of the Employees Provident Fund’s (EPF) investment management and the public’s continuing confidence in the national retirement savings system, Prime Minister Datuk Seri Anwar Ibrahim said.
3d ago
By Hasnah Jusid
JOHOR BAHRU, Feb 28 (Bernama) -- Johor’s target of achieving a gross domestic product (GDP) of RM260 billion by 2030 has been described as realistic, with the Johor-Singapore Special Economic Zone (JS-SEZ) expected to be one of the main drivers of the state’s economic growth.
4d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, as traders are waiting on fresh leads and developments related to the US-Iran nuclear talks.
4d ago
KUALA LUMPUR, Feb 27 (Bernama) -- The Asia Pacific Green Hydrogen Conference and Exhibition (APGH) 2026, from June 9–11 in Kuching, Sarawak, aims to position the region as a competitive and resilient green hydrogen hub in support of Malaysia’s and Sarawak’s low-carbon ambitions.
4d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.87 billion (US$1=RM3.88) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025.
4d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Datuk Shamsul Ahmad as its chief executive officer effective March 1, 2026, replacing Datuk Megat Jalaluddin Megat Hassan.