AM Best Releases First Country-Risk Report On 16 Asia-Pacific Insurance Markets

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has published the inaugural analysis of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential.

Northern Trust Expands Fund Services For Avanda Investment Management

KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP).

AM Best Rates Delta’s Affiliates’ Performance Assessment Excellent

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.

Trinity Acquires EVERSANA’s Advisory Business In Asia-Pacific, Middle East

KUALA LUMPUR, Nov 3 (Bernama) -- Trinity, a global leader in life sciences commercialisation solutions, has announced the acquisition of EVERSANA’s advisory services operation in Asia-Pacific and the Middle East (APACME), strengthening its role as a tech-enabled strategic partner to leading pharmaceutical, biotech, and medtech companies.

Bilateral Deals To Boost Investment, Lower CCUS Infrastructure Costs In Malaysia

KUALA LUMPUR, Nov 3 (Bernama) -- The signing of bilateral agreements with foreign countries is expected to spur investment inflows and help offset the cost of developing carbon capture, utilisation and storage (CCUS) industrial hub infrastructure in Malaysia.

Lendlease REIT Nears Completion Of Jem Office Divestment 

KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12.

Ringgit Opens Near One-year High Against US Dollar Ahead Of MPC Meeting

KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.

Digital Transformation, AI At Helm Of APEC Meet; Malaysia Highlights Moral, Environmental Risks Of Greater Adoption

From Nor Baizura Basri

GYEONGJU (South Korea), Nov 1 (Bernama) -- Digital transformation and the acceleration of artificial intelligence (AI) adoption are at the helm of the Asia-Pacific Economic Cooperation  (APEC)  Economic  Leaders’ Meeting (AELM), as leaders deliberate on both the challenges and opportunities, with Malaysia cautioning member economies about the risks moving forward.

Ringgit Likely To Trade On Positive Note Next Week Ahead Of BNM Policy Decision

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.

Ringgit Ends Firmer On Improved Risk Sentiment, Easing Trade Tensions Between US And China

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit ended firmer against the greenback and major currencies on Friday, supported by improved risk sentiment following the easing of trade tensions between the United States and China.

Bursa Malaysia Ends Week On Softer Note Amid Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia ended the week on a softer note, tracking the weaker performance of regional markets.

Australis Scientific Wins 2025 MedTech Innovator Asia Pacific Grand Prize 

KUALA LUMPUR, Oct 31 (Bernama) -- Australis Scientific has been named the 2025 MedTech Innovator (MTI) Asia Pacific (APAC) Grand Prize winner, receiving US$175,000 in non-dilutive funding for its smart patch that delivers minimally invasive neuromodulation therapy for overactive bladder. (US$1=RM4.19)