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US Tariffs On Mexico, Canada, China Create Opportunities For Malaysian Exporters To Boost US Shipments - MITI

KUALA LUMPUR, March 24 (Bernama) -- The introduction of tariffs by the United States (US) on Mexico, Canada, and China could open opportunities for Malaysian exporters to increase production and double their exports to the US.

Incentivise Non-profit Hospital Expansion To Ease Medical Costs – BNM

KUALA LUMPUR, March 24 (Bernama) -- Increasing the supply of affordable, mid-tier hospital beds and providing incentives for the expansion of not-for-profit hospitals can help mitigate spiralling medical insurance and medical costs.

Macro Solvency Stress Test Reaffirms Banks’ Resilience In Face Of Severe Shocks

KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.

Risks From BNPL Debt Contained -- BNM

KUALA LUMPUR, March 24 (Bernama) -- Buy now, Pay Later (BNPL) activity has grown rapidly, although the total outstanding BNPL debt remained a small proportion of overall household debt at RM2.8 billion or 0.2 per cent as of December 2024.

Deepseek AI Model Seen As Credit Neutral For China’s Insurance Sector - AM Best 

KUALA LUMPUR, March 24 (Bernama) -- The adoption of the artificial intelligence (AI) model DeepSeek among mainland China’s insurance companies could help small to medium-sized insurers enhance their operational efficiency, according to global credit rating agency AM Best.

MITI Plays Crucial Role In Driving Malaysia's Economic Resilience -- Tengku Zafrul

KUALA LUMPUR, March 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) plays a crucial role in enhancing Malaysia’s economic resilience in an increasingly challenging world, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.

AM Best Affirms Australia’s Pacific International Insurance Ratings 

KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah

KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.

Quantexa Ranked Among Top 10 In Chartis Financial Crime, Compliance Report 

KUALA LUMPUR, March 21 (Bernama) -- Quantexa, a global provider of Decision Intelligence (DI) solutions, has earned a spot among the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report, securing seventh place overall.

Bursa Malaysia Starts Flat As Wall St Drags

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia opened nearly flat, tracking Wall Street’s weaker overnight performance.  

ASEAN To Introduce Standard EV Policy, To Be Announced During Summit

KUALA LUMPUR, March 20 (Bernama) -- ASEAN member states are working towards introducing a standard electric vehicle (EV) policy as part of efforts to strengthen regional sustainability initiatives and accelerate the transition to clean energy.

US Emerges As Malaysia’s Largest Export Market; Local Firms Encouraged To Invest Stateside

KUALA LUMPUR, March 20 (Bernama) -- The United States (US) has become Malaysia’s largest export market, overtaking China in terms of export volume, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.