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AM Best Affirms Philippines Nat Re's Credit Ratings With Stable Outlook 

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

BMI Maintains Brent Price Forecast At US$68 Per Barrel For 2025

KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).

Govt Committed To Empowering MSMEs In International Halal Industry

KUALA LUMPUR, Oct 9 (Bernama) -- The government is committed to expanding the Malaysian Halal Certification (SPHM) recognition, especially to empower micro, small and medium enterprises (MSMEs) in the global halal industry and enhance the country’s export value chain, according to the Prime Minister's Department (PMD).

SMEs Must Embrace Emerging Technologies To Strengthen Position In Global Supply Chain- Tengku Zafrul

KUALA LUMPUR, Oct 9 (Bernama) -- Small and medium enterprises (SMEs) must embrace emerging technologies to strengthen their position in the global supply chain, said the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Ends Slightly Lower Against US Dollar On Caution Ahead Of Powell Speech

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed slightly lower against the greenback on Thursday as the US Dollar Index (DXY) stayed elevated, with investors remaining cautious ahead of a speech by the US Federal Reserve (Fed) Chair amid uncertainty over the federal government shutdown in the United States. 

MTDC, Bioeconomy Corporation Drive Bio-based Innovation Via BioXCeed 2025 Event

KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) and Bioeconomy Corporation have jointly organised the BioXCeed 2025 event to integrate bio-based innovation with deeptech commercialisation.

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

Bursa Malaysia Ends Higher Ahead Of Budget 2026

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed higher on Thursday as investors were bullish ahead of the Budget 2026 announcement tomorrow, an analyst said.

Wolters Kluwer: AI Adoption Quadruples As Firms Shift To Advisory Growth

KUALA LUMPUR, Oct 9 (Bernama) -- Artificial intelligence (AI) adoption among tax and accounting firms has surged from nine per cent in 2024 to 41 per cent in 2025, according to the Future Ready Accountant report by Wolters Kluwer Tax & Accounting.

Top Glove Back In Black With Rm109 Mln Fy2025 Profit

KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd has returned to profitability, posting a net profit of RM109.07 million for the financial year ended Aug 31, 2025 (FY2025), compared with a net loss of RM64.88 million a year earlier.

US-based Tenstorrent To Establish Offices In Malaysia As Part Of Global Expansion

KUALA LUMPUR, Oct 9 (Bernama) -- Tenstorrent Inc., a US-based artificial intelligence (AI) startup, is planning to expand its presence in Malaysia by establishing offices in the country.

Indonesia Launches National Productivity Master Plan To Power Growth Through 2029

KUALA LUMPUR, Oct 9 (Bernama) -- The Government of Indonesia has launched the National Productivity Master Plan (MPPN) 2025–2029, a whole-of-nation blueprint for accelerating innovation, strengthening industrial competitiveness, and raising living standards through sustained productivity gains.