BUDI95: Govt To Announce Further Quota Increase For E-hailing Drivers In Near Future

PETALING JAYA, Nov 3 (Bernama) -- The government will announce a further quota increase for full-time e-hailing drivers under the BUDI MADANI RON95 (BUDI95) initiative soon, said Treasury Secretary-General Datuk Johan Mahmood Merican. 

AM Best Keeps China Non-Life Insurance Outlook Stable

KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.

APEC Revises 2025 Growth Outlook To 3.1 Pct Despite Global Challenges

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

Malaysia, Singapore SME Ties Among Most Dynamic In ASEAN -- SBF

By Durratul Ain Ahmad Fuad

SINGAPORE, Oct 28 (Bernama) -- Malaysia and Singapore share one of the most dynamic and mutually reinforcing economic relationships in ASEAN, particularly among small and medium enterprises (SMEs), which form the backbone of both economies, said the Singapore Business Federation (SBF).

ASEAN Must Step Up Services Liberalisation, Trade Facilitation To Deepen Regional Integration - AMRO

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO), the professional regional policy advisory firm, has highlighted advancing services liberalisation, strengthening trade facilitation and internationalising regional firms as vital ingredients for ASEAN to achieve deeper economic integration.

AM Best Affirms Excellent Credit Ratings For Marble Reinsurance

KUALA LUMPUR, Oct 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Micronesia’s Marble Reinsurance Corporation (Marble Re), maintaining a stable outlook.

Foreign Investors End Two-week Buying Streak, Pull US$1.71 Bln From Asian Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Foreign investors turned net sellers, ending their two-week consecutive streak of net buying activity across Asian markets last week, recording US$1.71 billion of net foreign outflows. 

ASEAN Must Embrace Digital Sovereignty To Safeguard Energy Security

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 16 (Bernama) -- Digital sovereignty is the foundation of energy security, as ASEAN’s power systems undergo rapid digitalisation driven by the integration of smart grids, renewable energy and data-driven technologies. 

Discussions Ongoing On Alternative Incentives For EV Adoption -- Tengku Zafrul

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 16 (Bernama) -- Discussions are underway on alternative initiatives to encourage electric vehicle (EV) adoption following the removal of excise duty exemptions on completely built-up (CBU) EVs starting in 2026, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

IMF Maintains Malaysia's Real GDP Growth Forecast At 4.5 Pct In 2025, 4.0 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- The International Monetary Fund (IMF) has maintained its projection for Malaysia's real gross domestic product (GDP) growth of 4.5 per cent in 2025 and 4.0 per cent in 2026. 

IMF Sees Global Growth Moderating To 3.2 Pct In 2025, Calls For Policy Prudence

KUALA LUMPUR, Oct 14 (Bernama) -- Global growth is projected to slow to 3.1 per cent in 2026, against 3.2 per cent this year from 3.3 per cent in 2024, said the International Monetary Fund (IMF).