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.
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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).
BNM: Existing Mega Projects Will Continue To Support Malaysia's Economic Growth In 2025
KUALA LUMPUR, Nov 15 (Bernama) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
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).
The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter
KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.
Daim Zainuddin A Loyal Businessman, Politician
KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.
Fadillah Assures Careful Review Before Nuclear Power Commitment
KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
Ringgit Closes Stronger Against US Dollar On Market Optimism
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
Greenery To Showcase Climate-friendly Solutions At COP29
KUALA LUMPUR, Nov 7 (Bernama) -- Greenery Inc announced it will bring its innovative solutions for low-carbon agriculture to the 29th UN Climate Change Conference of the Parties (COP29), at Azerbaijan from Nov 11 to 13.
BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
BNM Maintains OPR Unchanged At 3.0 Pct
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.