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Richmond Asia Group Appoints Frasers Hospitality As Richmond Mayor Hotel Manager In JB

KUALA LUMPUR, Jan 23 (Bernama) -- Richmond Asia Group Sdn Bhd has appointed Frasers Hospitality as the hotel management company for the hotel suites at Richmond Mayor, a new integrated mixed-use development in Johor Bahru (JB).

Japan’s Meiji Yasuda Credit Ratings Affirmed Superior - AM Best

KUALA LUMPUR, Jan 23 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s Meiji Yasuda Life Insurance Company (Meiji Yasuda).

BNM To Strenghten Rules On Medical Insurance As Base MHIT Plan Rolls Out

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) will strengthen regulatory requirements for all medical and health insurance/takaful (MHIT) products following the introduction of a standardised base MHIT plan, aimed at improving consumer protection and ensuring long-term premium sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures Extend Upward Momentum Amid Escalating Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their upward momentum on Tuesday, closing higher as market sentiment was further supported by escalating trade tensions between the United States (US) and the European Union.

Govt Combats Palm Oil Discrimination With Tailored Approach - Noraini

KUALA LUMPUR, Jan 20 (Bernama) — The government, through the Plantation and Commodities Ministry, has adopted a dynamic trade diplomacy strategy to address all forms of discrimination by tailoring its approach to specific key market needs.

Nikko Style Niseko HANAZONO Launches Limited-Time Anniversary Stay Plan

KUALA LUMPUR, Jan 20 (Bernama) -- Nikko Style Niseko HANAZONO has marked its first anniversary with the launch of a limited-edition “Thank You Anniversary Stay”, an all-inclusive premium accommodation plan designed for small groups seeking an elevated winter experience in Niseko.

AM Best: India’s Non-Life Insurance Segment Outlook Remains Stable

KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on India’s non-life insurance segment at stable, citing supportive macroeconomic conditions and sustained insurance demand driven by regulatory initiatives and reforms.

PNB Offers US$300 Mln Secured Exchangeable Sukuk To Strengthen Portfolio Diversification

KUALA LUMPUR, Jan 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.

BMW Launches First Locally Assembled EV, Marking Major Milestone In Electrification Journey

KUALA LUMPUR, Jan 15 (Bernama) -- BMW Group Malaysia has begun sales of its first locally assembled fully electric vehicle (EV), the BMW i5 eDrive40 M Sport Pro (BMW i5), marking a major milestone in the company’s electrification journey as it targets continued growth in the premium segment.

Malaysia Targets RM2 Bln Pineapple Exports By 2027

KUALA KUBU BAHRU, Jan 14 (Bernama) -- The government aims to increase pineapple exports to RM2 billion by 2027 as part of efforts to strengthen and develop the industry, which is now considered a high-value strategic commodity.

Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

Semico Capital Achieves 80 Pct Premium Over IPO Price, Raises RM23.2 Mln

KUALA LUMPUR, Jan 13 (Bernama) --  Semico Capital Bhd made a strong debut on the ACE Market of Bursa Malaysia today as it opened at 45 sen, achieving a premium of 80 per cent over its initial public offering (IPO) price of 25 sen per share.