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KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
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KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.
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By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, March 21 (Bernama) -- The Malaysian rubber market closed lower on Friday due to weaker guidance from its regional peers and benchmark crude oil prices, a dealer said.
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KUALA LUMPUR, March 21 (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 Taiping Insurance (Macau) Company Limited (CTIM).
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KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
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KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.
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KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.
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KUALA LUMPUR, March 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today in tandem with losses in the underlying cash market.
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KUALA LUMPUR, March 20 (Bernama) -- Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.
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KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.
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KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.
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KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) has received a total of 996 complaints and inquiries regarding unregistered digital asset exchange (DAX) operators.