KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.
ISTANBUL, May 4 (Bernama-Anadolu) -- Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, an American multinational conglomerate holding company, announced plans to retire at the company's 2025 annual shareholders meeting on Saturday, capping a 55-year tenure, Anadolu Ajansi (AA) reported.
KUALA LUMPUR, April 30 (Bernama) -- Today marked the end of Nik Mohamed Din Nik Musa’s tenure as Labuan Financial Services Authority (Labuan FSA) director-general, leaving behind a legacy defined by resilience, regulatory transformation, and strategic recalibration during one of the most difficult chapters in Labuan’s financial history.
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM).
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation increased at a slower rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 recorded in the previous year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.
KUALA LUMPUR, April 28 (Bernama) -- Duck Creek Technologies, a global intelligent solutions provider for the property and casualty (P&C) and general insurance industry, has announced renowned spoken word poet and entrepreneur Sekou Andrews as the keynote speaker for its upcoming Formation ’25 conference.
KUALA LUMPUR, April 28 (Bernama) -- Malaysia and Italy seek to strengthen economic collaboration, according to Deputy Investment, Trade and Industry Minister Liew Chin Tong.
KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
