Ringgit Opens Slightly Higher Vs Greenback On Softer US Policy Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.

Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.

SMEs Advance Further This Year Amid Stable Environment, Consistent Policies And Targeted Support

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- Small and medium enterprises (SMEs), regarded as the backbone of the economy, progressed further this year, buttressed by a more stable economic environment and a gradual recovery in domestic demand, which boosted sales and business confidence across the sector.

Bursa Malaysia To Retest 1,640 Level Amid Positive Sentiment Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.

AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance

KUALA LUMPUR, Dec 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of China’s Qianhai Reinsurance Co Ltd (QHR).

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).

Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

Govt Optimistic To Achieve 4.8 Pct Economic Growth Target For 2025 - Amir Hamzah

KUALA LUMPUR, Dec 10 (Bernama) -- The government is confident that the country’s economic growth will reach the upper end of its targeted range, namely 4.8 per cent for 2025.

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Ringgit Holds Steady vs Greenback At Close As FOMC Kicks Off Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.

Lower Loan Provisions Lift Bank Profitability In 3Q 2025 - RAM Ratings

KUALA LUMPUR, Dec 8 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) saw an uptick in profitability of eight selected local banking groups rated by the credit rating agency in the third quarter of 2025 (3Q 2025).