4d ago
KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).
4d ago
KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05).
4d ago
KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.
5d ago
KUALA LUMPUR, June 11 (Bernama) -- The Bank Rakyat BizMatch: Make Malaysian Businesses Great programme, which is being held in Tokyo, Japan, in conjunction with the Nikkei Forum: Future of Asia 2026, is expected to generate business deals worth more than RM500 million in the next 12 months.
5d ago
KUALA LUMPUR, June 11 (Bernama) – Being prepared at the grassroots level for the El Niño phenomenon needs to be strengthened as preventive measures and early groundwork are the best defence against the increasingly unpredictable impacts of extreme weather.
5d ago
KUALA LUMPUR, June 11 (Bernama) — The Malaysia Petroleum Resources Corporation (MPRC) should serve as the lead agency for Malaysia’s oil and gas services and equipment (OGSE) sector in building company capabilities, expanding market access, and converting international opportunities into effective business outcomes.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 11 (Bernama) -- The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.
5d ago
TOKYO, June 11 (Bernama) -- Malaysia and Japan have agreed to strengthen strategic cooperation in semiconductors, artificial intelligence (AI) and energy security, as Malaysia continues its efforts to position itself as a regional hub for advanced technologies and high-value manufacturing.
5d ago
KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia pared its losses at the lunch break as bargain hunting emerged in selected heavyweight stocks, led by Petronas Chemicals, Tenaga Nasional and Kuala Lumpur Kepong.
5d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.
6d ago
From Mohd Iswandi Kasan Anuar
TOKYO, June 10 (Bernama) -- Malaysia and Japan today agreed to deepen cooperation on energy security and civil nuclear power, as both countries seek to strengthen resilience against global supply disruptions and growing geopolitical uncertainty.
6d ago
KUALA LUMPUR, June 10 (Bernama) -- HRX by IFCA MSC Bhd has launched a new small and medium enterprises (SME)-focused initiative to help Malaysian employers manage payroll accuracy, statutory obligations and workforce operations with greater compliance confidence, without the cost and complexity of heavy enterprise systems.