RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).

AAX’s Maiden Flight To Nairobi Hits 90 Pct Passenger Load Factor 

NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.

Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout

KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.

Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.

AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re 

KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent). 

Khazanah Maintains Vision Of Investing In Start-ups, Says Amir Hamzah

KUALA LUMPUR, Nov 14 (Bernama) -- Khazanah Nasional Bhd will continue investing in start-ups, despite losses from its stake in online fashion retailer FashionValet Sdn Bhd, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Hong Kong Opens Doors For Malaysian Businesses To Tap Into GBA

By Karina Imran

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian companies are highly encouraged to leverage Hong Kong's strategic position as a gateway to establish and expand their presence in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Bank Muamalat, CGC Launch First 'Halal Portfolio Guarantee-i Scheme' To Support SMEs

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Muamalat Malaysia Bhd has launched the first “Halal Portfolio Guarantee-i Scheme” in collaboration with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide a robust financial safety net for small and medium enterprises (SMEs) in Malaysia.

Life Water Bhd's Carbonated Drinks Not Affected By Sugar Tax

KUALA LUMPUR, Nov 13 (Bernama) -- The implementation of the sugar tax announced in Budget 2025 will not affect the carbonated beverages manufactured by Life Water Bhd.

Capital A's MRO Arm Receives Vietnam's Civil Aviation Authority's Certification

PUTRAJAYA, Nov 12 (Bernama) -- Asia Digital Engineering (ADE), Capital A's maintenance, repair, and overhaul (MRO) arm, is expanding into Vietnam after receiving Vietnam’s Civil Aviation Authority’s approved maintenance organisation (AMO) certification.