AM Best Affirms Australia’s Pacific International Insurance Ratings 

KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Labuan Waterfront Development To Spur Economic Growth

By Jailani Hasan

LABUAN, March 21 (Bernama) -- The proposed Labuan’s Phase 1 Waterfront development is set to drive economic growth and provide significant spillover benefits to the island, according to Universiti Malaysia Sabah (UMS) Assoc Prof Dr Romzi Ationg.

SC: MyCIF’s Total Funds Raised Via ECF, P2P Grows To RM2.6 Bln In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF)’s total funds raised through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms grew to RM2.6 billion in 2024 from RM2.2 billion in 2023.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

I-BAP Grants Worth RM2.96 Mln Provided To 48 Indian-owned Enterprises

KUALA LUMPUR, March 19 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP), through SME Corporation Malaysia, has channeled grants totalling RM2.96 million to 48 small Indian-owned enterprises under the Business Accelerator Programme for Indian Small Businesss (I-BAP) to date.

Trade Wars, Tariffs And Sanctions Weaponised In Broader Struggle For Dominance -- PM Anwar

KUALA LUMPUR, March 14 (Bernama) -- Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Datuk Seri Anwar Ibrahim.

Tengku Zafrul Highlights Need For Continued ASEAN-UK Engagement To Boost Business Opportunities

KUALA LUMPUR, March 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has emphasised the importance of continuous engagement between ASEAN and the United Kingdom (UK) in expanding business opportunities and deepening the strong economic ties that have been built.

ASEAN Should leverage RCEP, FTAs To Mitigate economic Risks From US Tariffs 

KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.

Capital A To Focus On Restructuring, No Dividend Plans Yet - CEO

SEPANG, March 10 (Bernama) --  Capital A Bhd will not resume dividend payments soon, as it is prioritising its restructuring efforts and debt reduction, said chief executive officer (CEO) Tan Sri Tony Fernandes.

DEFA Negotiations To Be Finalised By Year-End -- Liew

KUALA LUMPUR, March 5 (Bernama) -- The Digital Economy Framework Agreement (DEFA) negotiations will be finalised by the end of this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong. 

Dongfeng Truck Lauds 2024 Achievements, Unveils 3 New Models

KUALA LUMPUR, March 5 (Bernama) -- The Southeast Asia Dongfeng Day 2025 brand event recently held in Jakarta, Indonesia, has gathered over 100 representatives from dealers, partners, and media to celebrate Dongfeng Truck’s 2024 achievements and unveiling of new models.

Hytera Unveils Advanced One-stop MCX Solution At MWC25 For Mission-critical Communications

KUALA LUMPUR, March 3 (Bernama) – Hytera Communications, a global provider of professional communications technologies and solutions, is showcasing its HyTalk MC solution at MWC25 in Barcelona, taking place for four days until March 6.