AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).

MAG Aims To Double Topline Revenue To Over RM24 Bln By 2030 Through LTBP3.0

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia Aviation Group Bhd (MAG) aims to double its topline revenue to more than RM24 billion by 2030 through its Long-Term Business Plan 3.0 (LTBP3.0) unveiled today. 

Vantris Energy Shares Rise In Early Trade After RM4.27 Bln 3Q Profit

KUALA LUMPUR, Dec 12 (Bernama) -- Vantris Energy Bhd, formerly Sapura Energy Bhd, surged in early trade after reporting a third-quarter (3Q) profit, reversing losses recorded in the first half of financial year 2026.

MEF Supports Better Vacancy Data Under EIS, Urges Practical Implementation

KUALA LUMPUR, Dec 11 (Bernama) -- The government’s move to strengthen vacancy reporting under Section 45F of the Employment Insurance System Act (EIS) is aligned with established international practices, but practical implementation is a must, said the Malaysian Employers Federation (MEF).

Capital A Expects To Exit PN17 Status By Year-end

KUALA LUMPUR, Dec 5 (Bernama) -- Capital A Bhd expects to complete the consolidation of its aviation business to AirAsia X Bhd and exit Practice Note 17 (PN17) status by the end of this month. 

PAC Urges Khazanah To Strengthen Non-financial Risk Analysis

KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

PKFZ Records 8 Pct Overall Revenue Growth As Of October

KLANG, Nov 28 (Bernama) -- Port Klang Free Zone (PKFZ) recorded an overall revenue increase of eight per cent as of October this year compared to a year ago, reflecting more robust business activity and stronger operational performance.

Malaysia’s Services Account Surplus Marks Stronger Economic Rebound -- Perdasama

By Thivyamalini Ramalu

PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring. 

Malaysia Targets Revival Of Direct Flights To South Africa To Boost Tourism Ahead Of VMY2026

KUALA LUMPUR, Nov 20 (Bernama) -- The meeting between Prime Minister Datuk Seri Anwar Ibrahim and South African President Matamela Cyril Ramaphosa is expected to discuss the potential of the tourism sector between the two countries, including the possibility of reviving direct flights.

Pos Malaysia Narrows Net Loss To RM45.23 Mln In 3Q

 KUALA LUMPUR, Nov 19 (Bernama) -- Pos Malaysia Bhd recorded a net loss of RM45.23 million for the third quarter ended Sept 30, 2025 (3Q 2025), narrowing from a net loss of RM49.89 million in the same quarter last year.

SBC Medical Q3 2025 Net Profit Soars 353 Pct Amid Revenue Decline

KUALA LUMPUR, Nov 17 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported total revenue of US$43 million for the third quarter (Q3) of fiscal 2025, down 18 per cent year-on-year for the period ended Sept 30. (US$1=RM4.12)