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The Dai-ichi Life Insurance Company Scores Superior Credit Ratings - AM Best

KUALA LUMPUR, Feb 18 (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 The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).

Langkawi Tourism Revenue Increases 35 Pct To RM2.4 Bln From 2022-2024 - MOF

KUALA LUMPUR, Feb 17 (Bernama) -- Tourist arrivals in Langkawi post-COVID-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).

Port Klang Targets 15 Mln TEUs In 2025 - Loke

KLANG, Feb 17 (Bernama) -- Port Klang is targeting 15 million twenty-foot equivalent units (TEUs) of container handling this year, representing a 2.3 per cent increase from 2024.

KWAP Achieves Record-high Investment Income Of RM18.0 Bln In 2024

KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd. 

AKWEL Records 7.3 Pct Revenue Drop In 2024

KUALA LUMPUR, Feb 7 (Bernama) -- AKWEL posted a consolidated revenue of 989.0 million euros for fiscal year 2024, marking a 7.3 per cent decrease from 1.0664 billion euros, the previous year. (1 euro = RM4.59)

Dr Lucy Gildea Appointed To Power Up Mary Kay’s Global Brand 

KUALA LUMPUR, Feb 7 (Bernama) -- The iconic beauty and entrepreneurship company, Mary Kay Inc has appointed Dr Lucy Gildea as its Chief Brand and Scientific Officer to empower future growth.

Finalised SST Scope Of Expansion, Rate Review To Be Gazetted In 1Q 2025 - MOF

KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.

Ringgit Opens Slightly Higher Against US Dollar

By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.

Scomi Energy To Be Delisted On Feb 12 As Bursa Dismisses Appeal For Extension

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Securities Bhd has dismissed Scomi Energy Services Bhd's request for an extension to submit its regularisation plan.

MAHB: PAC Must Use Proper Channels To Seek Explanation, Clarification - Loke 

PUTRAJAYA, Feb 5 (Bernama) -- Transport Minister Anthony Loke today emphasised that the Public Accounts Committee (PAC) is required to adhere to proper channels when seeking any explanations from his Ministry, including on Malaysia Airports Holdings Bhd’s (MAHB) share sales.

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.