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AM Best Affirms Superior Ratings For Tokio Marine & Nichido Fire Insurance, Subsidiaries

KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.

New Customised Incentive Mechanism Set To Support Investments In Malaysia’s Automotive Sector - MITI

KUALA LUMPUR, Sept 9 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism (NCM), aimed at providing a more transparent and attractive tax and incentive structure to strengthen Malaysia’s automotive industry.

Malaysia Has Over 4,100 EV Charging Points Nationwide -- Fadillah

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia has at least 4,100 electric vehicle (EV) charging points nationwide to cater to the growing demand for EVs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Lianson Fleet Group To Dispose Of Vessel For RM28.13 Mln

KUALA LUMPUR, Sept 8 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly owned subsidiary, Icon Samudera (L) Inc, will dispose of a vessel to Vietnam’s Asia Investment and Asset Management Joint Stock Company for RM28.13 million.

Malaysia Must Stay Competitive With Mega Events Like F1 -- Former SIC Chief

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 6 (Bernama) — Hosting mega events such as the Formula One Grand Prix (F1 GP) is vital for Malaysia’s competitiveness and global standing, but bringing it back should only happen with a well-coordinated national strategy, said former Sepang International Circuit (SIC) chief Datuk Razlan Razali.

Budget 2026 Will Strengthen Housing Reform, Expand Access To Affordable Housing -- Amir Hamzah

PUTRAJAYA, Sept 4 (Bernama) -- As preparations for the upcoming Budget 2026 to be unveiled in October are underway, the government will also examine support mechanisms to strengthen housing reform, with a particular focus on expanding access to affordable housing, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MSP Sports Capital Exits McLaren Racing After Pivotal Role In F1 Team's Revival

KUALA LUMPUR, Sept 3 (Bernama) -- MSP Sports Capital, a New York-based private investment firm, has confirmed the sale of its equity interest in McLaren Racing, including its Formula 1 (F1) Team, to McLaren Group Limited.

AM Best Places Sompo Group Ratings Under Review Following Aspen Acquisition

KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.

ICHAM Unveils Asia’s First Open-Ended Autocall Fund For Accredited Investors

KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.

Busan Meets Malaysia — A Mirror Beyond Bridges, Markets And Murals

By Harizah Hanim Mohamed

BUSAN, Aug 31 (Bernama) -- Busan’s bustling Jagalchi Fish Market, with sellers wooing visitors with friendly smiles and calling out “Malaysia! Murah! Murah! Sannakji! Sannakji! (live octopus), reminding me of keropok lekor sellers in Pasar Payang in Terengganu.

Behind The Skyline: Malaysia’s ‘Building Doctors’ Who Keep Landmarks Standing - A Merdeka Story

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 30 (Bernama) -- Malaysians have long lifted their eyes with pride to the nation’s skyline, from the clock tower of the Sultan Abdul Samad Building to the soaring Petronas Twin Towers, and now the shimmering spire of Merdeka 118.

PNB Merdeka Ventures Proposes RM6 Bln Sukuk Programme For Merdeka 118 Development

KUALA LUMPUR, Aug 26 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV) has proposed an Islamic Medium-Term Notes (IMTN) programme (Merdeka Sukuk Wakalah Programme) of up to RM6 billion in nominal value.