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Thailand’s Asian Re Retains Good Credit Ratings - AM Best

KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).

Marquee Brands To Acquire Majority Stake In Roberto Cavalli

KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.

AM Best Affirms Taiwan’s Union Excellent Credit Ratings

KUALA LUMPUR, May 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 Taiwan’s Union Insurance Company Limited (Union).

Prompt, Effective Communications Crucial To Building Trust - TNB

KUALA LUMPUR, May 20 (Bernama) – Malaysia’s power company Tenaga Nasional Bhd (TNB) prioritises serving the public effectively and gaining their lasting trust as its measure of effective communications, particularly when problems arise.

Malaysia Builds Rail Talent Through ECRL Training In China

From Norsyafawati Ab Wahab

LIUZHOU (China), May 20 (Bernama) -- The East Coast Rail Link (ECRL) Industrial Skills Training Programme (PLKI-ECRL), conducted at Liuzhou Railway Vocational Technical College (LRVTC), is helping Malaysia develop a skilled workforce for the rail industry.

ECRL Training Programme Produces 66 Rail Graduates In China

From Norsyafawati Ab Wahab

LIUZHOU (China), May 20 (Bernama) -- A total of 66 Malaysian trainees graduated from Liuzhou Railway Vocational Technical College (LRVTC) on Tuesday, as part of the Batch 1 East Coast Rail Link (ECRL) Industrial Skills Training Programme (PLKI-ECRL) for Operations and Maintenance (O&M) Training.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Primer Secures US$100 Mln Funding For AI, US Expansion

KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)

Malayan Flour Mills Unveils RM100 Mln Capex Plan

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd (MFM) outlined its RM100 million capital expenditure (Capex) plan for its flour milling business over two financial years, including the current financial year ending Dec 31, 2026 (FY2026). 

SMEs Urged To Upgrade Capabilities, Embrace ESG Standards Under NIF

KUALA LUMPUR, May 19 (Bernama) -- Malaysian small and medium enterprises (SMEs) must upgrade their capabilities and embrace rising global competitiveness and environmental, social and governance (ESG) standards under the New Investment Framework (NIF) to remain integrated within the global supply chains, said an economist.

Govt To Continue Targeted Interventions Amid Global Supply Pressures - Akmal Nasrullah 

KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.

Denodo Expands AWS Integrations To Support Enterprise Agentic AI

KUALA LUMPUR, May 19 (Bernama) -- Denodo, a leader in data management, announced new integrations with Amazon Web Services (AWS) data and artificial intelligence (AI) services to support the development and scaling of agentic AI across hybrid and multi-cloud environments.