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KUALA LUMPUR, April 29 (Bernama) -- Olon Group, a global pharmaceutical contract development and manufacturing organisation (CDMO), has appointed Jérôme Bédier as chief executive officer (CEO) of its French entities and Andrea Conforto as marketing and sales vice president (VP) CDMO for Olon Biotech, the division dedicated to CDMO services for biologics.
KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.
KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
KUALA LUMPUR, April 26 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah said Bank Negara Malaysia (BNM) takes a measured approach in managing the Overnight Policy Rate (OPR), describing it as a powerful policy instrument that should be used only when circumstances warrant it.
KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd and seven of its directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements.
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
KUALA LUMPUR, April 23 (Bernama) -- Jumio, an artificial intelligence (AI)-powered biometric identity verification and compliance solutions provider, has announced the general availability of Cross-Transaction Risk to help businesses detect fraud by connecting identity elements across the Jumio network.
PUTRAJAYA, April 22 (Bernama) -- Malaysia’s push towards a sustainable, innovation-driven economy has taken a significant step forward today with the signing of a memorandum of understanding (MoU) between Central Corporate Engineering Sdn Bhd (CCE) and Oasis Xtract Sdn Bhd.
KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook.
KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.
KUALA LUMPUR, April 19 (Bernama) -- Front-loading activities are expected to support trade and manufacturing in the near term amid the brief United States (US) tariff pause, according to CIMB Investment Bank Bhd.
