KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit is projected to strengthen to 4.08 against the US dollar by year end, underpinned by Malaysia’s macroeconomic stability, ongoing reforms and investor rotation out of US assets, Kenanga Investment Bank (IB) Bhd said.
KUALA LUMPUR, Sept 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.
By Saraswathi Muniappan
KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.
KUALA LUMPUR, Aug 22 (Bernama) — Khazanah Nasional Bhd has welcomed the findings and recommendations of the Public Accounts Committee (PAC) on its (Khazanah) past investment in FashionValet and the broader approach to domestic venture capital (VC) investments, as part of its overall mandate and mission in advancing Malaysia.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit closed higher against the US dollar and its regional peers amidst cautious sentiments, after the United States Federal Open Market Committee (FOMC) meeting minutes revealed that almost all participants supported keeping the interest rate unchanged.
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher on Thursday as the US dollar weakened following the release of the Federal Open Market Committee (FOMC) minutes, an analyst said.
By Zarul Effendi Razali
KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 7 (Bernama) -- The Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has called for structural reforms to continue nationally and on the ASEAN level, noting that the region must remain strong in the face of rising geopolitical and economic uncertainties.
KUALA LUMPUR, Aug 5 (Bernama) -- Structural reforms continue to underpin Malaysia’s resilience, strengthening fiscal discipline, attracting high-quality investment and expanding economic opportunities, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour today.
KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is targeting to increase the number of medium-sized firms to five per cent of the country’s total micro, small and medium enterprises (MSMEs) by 2030 from 1.6 per cent currently.
