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LABUAN, Dec 10 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) has issued a Guidance Note on Maqasid al-Shariah for the Labuan International Business and Financial Centre (Labuan IBFC).
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.
KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).
From Kisho Kumari Sucedaram
GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) remains upbeat about Malaysia’s aviation recovery in 2026 as the country stands to benefit from the Asia-Pacific market - the world’s fastest-growing air travel region.
KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.
KUALA LUMPUR, Dec 10 (Bernama) -- Virtue Trustee Bhd (VTB) has launched a comprehensive suite of trustee, Islamic trust, and legacy-planning solutions, aimed at providing professional, secure and transparent wealth protection for all Malaysians, fully aligned with the national MADANI framework’s core values.
KUALA LUMPUR, Dec 10 (Bernama) -- The government has approved five investment projects involving Indian companies in Malaysia, worth RM23.85 million, for the first nine months of 2025, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.
KUALA LUMPUR, Dec 9 (Bernama) -- PJBumi Bhd’s wholly owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd, has secured a RM23.46 million design-and-build contract for an industrial development in Sungai Petani, Kedah.
KUALA LUMPUR, Dec 9 (Bernama) -- Southern Score Builders Bhd announced that its 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, today accepted a letter of award (LoA) from a local construction company to undertake sub-contract works for a data centre project worth RM87.8 million.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 9 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday supported by an easier ringgit against the US dollar, said a dealer.
KUALA LUMPUR, Dec 8 (Bernama) -- The Energy Regulatory Insights Forum 2025 (ERI 2025), themed “Shaping a Sustainable Energy Future” has surpassed its initial target of 500 participants, reaching 600, with additional names already on the waiting list, said Energy Commission (EC) chief executive officer Siti Safinah Salleh.
