28d ago
KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).
1m ago
KUCHING, Dec 13 (Bernama) -- Sarawak is prepared to reshape its industrial park development strategy with a stronger focus on future industries, high technology, and a low-carbon economy, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
1m ago
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).
1m ago
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).
1m ago
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).
1m ago
KUALA LUMPUR, Dec 12 (Bernama) -- CIMB Securities Sdn Bhd projects Malaysia’s building materials sector’s core earnings will rise to 68 per cent in 2026, up sharply from a forecasted 15 per cent in 2025, before moderating to 16 per cent in 2027.
1m ago
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).
1m ago
IPOH, Dec 11 (Bernama) -- Upscale supermarket Cold Storage has returned to Perak with the official opening of its new outlet at Sentra Mall Ipoh today, marking a renewed commitment to strengthening its presence within local communities.
1m ago
KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).
1m ago
KUALA LUMPUR, Dec 9 (Bernama) -- Higher dividend payouts and return on equity (ROE) improvements will be key catalysts to the banking sector going into 2026.
1m ago
KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)
1m ago
KUALA LUMPUR, Dec 8 (Bernama) -- Foreign investors snapped a two-week net selling streak on Bursa Malaysia, returning as marginal net buyers, with purchases totalling RM11.6 million.