8m ago
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).
8m ago
KUALA LUMPUR, May 13 (Bernama) -- Cake Digital Bank has made history as the first digital-only bank in Southeast Asia to secure ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
8m ago
SIBU, May 12 (Bernama) -- The Rimbunan Hijau Group (RH) marked its 50th anniversary with a grand celebration at Dataran Tun Tuanku Bujang, commemorating five decades of business growth and contributions to Malaysia’s economy and international presence.
8m ago
KUCHING, May 11 (Bernama) -- The Sarawak Sustainability Blueprint, a comprehensive framework outlining strategic priorities to guide the state towards a low-carbon future, will be one of the highlights at the May 29-30 Asia Carbon Conference (ACC 2025) at the Borneo Convention Centre Kuching (BCCK).
8m ago
KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.
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KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.
8m ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Rakyat and Mastercard have collaborated to integrate Mastercard’s Touch Card feature into a selected range of bank cards to help blind and partially sighted cardholders identify their credit, debit and prepaid cards.
8m ago
GEORGE TOWN, May 7 (Bernama) -- Digital Penang Sdn Bhd and Sisters Inspire Sdn Bhd's fintech solutions provider unit, FinHero, have signed a memorandum of understanding (MoU) to expand access to financing for Penang’s micro, small and medium-sized enterprises (MSMEs).