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Malaysia’s Islamic Finance Assets To Grow 36 Pct By 2028 -- Standard Chartered

KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 19 (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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.

Ringgit Strengthens Against US Dollar At Opening Following Moody’s US Credit Downgrade

By Zufazlin Baharuddin

KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.

d’Alba Glows Global With Star-Studded Lake Como Event

KUALA LUMPUR, May 16 (Bernama) -- South Korean premium vegan beauty brand d’Alba recently hosted its global event, the ‘d’Alba Trip’, in Lake Como, Italy, bringing together over 80 international guests to celebrate the brand’s heritage and clean beauty philosophy.

UAE’s Almal Real Estate Enters Southeast Asia With Luxury Project In Bali 

KUALA LUMPUR, May 16 (Bernama) -- Almal Real Estate Development, the United Arab Emirates (UAE)-based developer, has announced its entry into Southeast Asia with the launch of its first international project, 'The One by Almal', in Bali, Indonesia.

Malaysia’s Headline Inflation To Moderate To Below 3.0 Pct In 2025 - BNM

KUALA LUMPUR, May 16 (Bernama) -- Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour. 

Malaysia’s Export Base To Cushion Us Tariff Impact - BNM

KUALA LUMPUR, May 16 -- Bank Negara Malaysia (BNM) expects any impact from potential United States (US) tariffs on semiconductors to be limited for Malaysia, thanks to the country’s diversified export base and continued demand in key sectors.

Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results

KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).

Asuransi Tokio Marine Indonesia’s Credit Ratings Affirmed By AM Best

KUALA LUMPUR, May 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 PT Asuransi Tokio Marine Indonesia (TMI).

PM Anwar Captivated By Moscow’s Historic Hotel Metropol, Hails Russia’s Literary Legacy

KUALA LUMPUR, May 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's visit to the historic Hotel Metropol in Moscow offered a moment of rich cultural reflection as he engaged warmly with hotel staff and expressed admiration for the landmark's historical and literary legacy.

Atturra Leads Boomi’s FY25 APJ Partner Awards, Wins Two Major Honours

KUALA LUMPUR, May 14 (Bernama) -- Boomi, the leader in artificial intelligence (AI)-driven automation, has announced the winners of its FY25 Asia Pacific and Japan (APJ) Partner Awards, with Atturra leading the way, winning two prestigious awards, including APJ Partner of the Year.

Research Firms Raise Malaysia’s 1Q 2025 GDP Forecast To 4.5-4.6 Pct

KUALA LUMPUR, May 14 (Bernama) -- Research firms have projected a higher gross domestic product (GDP) of between 4.5 and 4.6 per cent from 4.4 per cent previously for the first quarter of 2025 (1Q 2025), ahead of this Friday’s announcement.