18d ago
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Group Wealth Management’s (GWM) total financial assets exceeded RM565 billion as of September 2025, underpinned by strong momentum in Islamic wealth management.
18d ago
KUALA LUMPUR, Jan 14 (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 of aaa.VN (Exceptional) of Vietnam’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).
19d ago
KUALA LUMPUR, Jan 13 (Bernama) -- Islamic finance has demonstrated its potential to provide innovative solutions in addressing challenges related to inclusion and climate change, said the World Bank today,
19d ago
KUALA LUMPUR, Jan 13 (Bernama) -- Headline activity in Malaysia's property market no longer provides a complete picture of underlying market dynamics, as outcomes are now driven by infrastructure readiness, capital discipline and alignment with long-term demand fundamentals.
20d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.
20d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
20d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.
20d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.
23d ago
KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.
23d ago
KUALA LUMPUR, Jan 9 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained a positive stance on the Malaysia real estate investment trust (REIT) sector into 2026, supported by resilient fundamentals, a stable rate environment and tourism-led demand recovery.
24d ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit ended marginally lower against the US dollar on Thursday, as investors shifted to safe-haven assets following US President Donald Trump’s warning to defence contractors, an analyst said.
25d ago
KUALA LUMPUR, Jan 7 (Bernama) -- Klang Valley property market performance for this year will be mainly driven by well-located, high-quality assets that meet changing work, shopping and travel needs, according to CBRE WTW Valuation and Advisory Sdn Bhd.