1y ago
KUALA LUMPUR, Nov 4 (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 Generali Life (Hong Kong) Limited (Generali Hong Kong).
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Asia Pacific’s mining industry can accelerate the adoption of more sustainable water management practices to protect freshwater resources for the local community while ensuring a more resilient and reliable water future, according to Black & Veatch, a global leader in critical human infrastructure solutions.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.
1y ago
TUARAN, Oct 28 (Bernama) -- The Sabah government’s investor-friendly policy has shown promising results, with the state now attracting a growing number of local and foreign investors across various sectors.
1y ago
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- NIQ, the world’s leading global consumer intelligence company, has launched Marketing Mix Modelling solutions (MMM), helping global clients streamline their marketing investments and effectiveness.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Kioxia Corporation is showcasing and demonstrating the benefits of a KIOXIA XD Series SSD equipped with Flexible Data Placement (FDP) functionality running the RocksDB database at the 2024 OCP Global Summit, taking place from Oct 15 to 17 in San Jose, United States of America.