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Macau Insurance Company Credit Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Sept 2 (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 Macau Insurance Company Limited (MIC).

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (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 Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

MBSB Keeps 'Neutral' Call On Banking Sector As Headwinds Persist

KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.

MBSB expected a drag from net interest margin compression, with non-inte

Luxchem Buys Five Industrial Lands In Klang For RM45.6 Mln

KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.

Avaland To Buy PJ Land For RM49 Mln

KUALA LUMPUR, July 1 (Bernama) -- Property developer Avaland Bhd has entered into an agreement to acquire 2.2 acres (0.89 hectare) of prime development land in Section 13, Petaling Jaya worth RM49 million.

CYDES 2025 To Drive Strategic Investments, Boost Malaysia's Regional Cybersecurity Leadership

By Nurul Hanis Izmir

PUTRAJAYA, June 30 (Bernama) -- Malaysia is expected to attract more strategic investments in cybersecurity through the hosting of the Cyber Defence and Security Exhibition and Conference (CYDES) 2025, a regional platform that not only showcases the latest innovations but also reinforces Malaysia’s leadership in ASEAN cybersecurity initiatives.

NIKE Nominates Former LEGO CEO Jørgen Vig Knudstorp To Board Of Directors 

KUALA LUMPUR, June 25 (Bernama) -- NIKE Inc has announced the nomination of Jørgen Vig Knudstorp, former LEGO Group President and Chief Executive Officer (CEO), to its Board of Directors.

Survey Finds Consumers Warming To AI, Frustrated By Omnichannel Gaps

KUALA LUMPUR, June 25 (Bernama) -- A growing number of global consumers are ready to embrace artificial intelligence (AI) in customer experiences within healthcare, financial services and insurance sectors but continue to be frustrated by poor omnichannel services and outdated data collection processes, according to new research by Smart Communications.

Aircraft Propeller Service Opens First Asian MRO Facility In Shah Alam

SHAH ALAM, June 24 (Bernama) -- Aircraft Propeller Service (APS), a global leader in aircraft propeller maintenance, repair and overhaul (MRO), today opened its new facility Shah Alam, Selangor, marking its first MRO centre in Asia.

PHB Offering 300 Mln AHB Units For Subscription

KUALA TERENGGANU, June 21 (Bernama) -- Pelaburan Hartanah Bhd (PHB) is offering 300 million Amanah Hartanah Bumiputera (AHB) units for public subscription, providing Bumiputera investors a low-risk investment opportunity backed by real estate assets.

Malaysia-US Tariff Talks Went Well, Says PM Anwar

KUALA LUMPUR, June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said discussions between Malaysia and the United States (US) on the imposition of US unilateral tariffs went smoothly.

AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook 

KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).