2m ago
From Danni Haizal Danial Donald
SINGAPORE, Nov 12 (Bernama) -- Global leader in digital payments, Visa Inc has announced a breakthrough pilot programme allowing businesses and platforms to send stablecoin payouts directly to recipients’ stablecoin wallets.
2m ago
KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.
3m ago
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.
3m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 1 (Bernama) – Tenaga Nasional Bhd (TNB) has won the prestigious “The Edge Billion Ringgit Club Awards 2025” (BRC Awards) for having the highest shareholder returns over three years in the Super Big Cap, or above RM40 billion market capitalisation, category.
3m ago
KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.
4m ago
KUALA LUMPUR, Sept 2 (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) of Macau Insurance Company Limited (MIC).
4m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
4m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.
4m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.
4m ago
JOHOR BAHRU, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has recorded a 51 per cent year-on-year (y-o-y) rise in net profit to RM150.64 million for the first half of 2025 (1H 2025), driven by higher selling prices and a surge in external crop purchases.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- MR DIY Group (M) Bhd’s net profit for the second quarter ended June 30, 2025 (2QFY2025) rose to RM158.58 million from RM155.21 million in the same quarter a year ago.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.
MBSB expected a drag from net interest margin compression, with non-inte