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AM Best Maintains Stable Outlook For South Korea’s Non-life Insurance Amid Regulatory Pressures

KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.

India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities

KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.

MIDA, UNGCMYB Forge Partnership To Boost ESG Adoption, Sustainable Investment

KUALA LUMPUR, May 31 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the UN Global Compact Network Malaysia and Brunei (UNGCMYB) have forged a strategic partnership to ignite a new era of sustainable and responsible investment in Malaysia.

Malaysia Defends ASEAN Centrality, Pursues Principled Diplomacy -  PM Anwar

SINGAPORE, May 31 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reiterated that Malaysia, as Chair for ASEAN 2025, is committed to defending ASEAN’s centrality and promoting its active non-alignment.

Malaysia Secures RM8 Bln In Potential Investments At Expo 2025 Osaka - Fadillah 

From Karina Imran

OSAKA, May 31 (Bernama) -- Malaysia has successfully secured more than RM8 billion in potential investments and signed 20 memoranda of understanding (MoUs) through its participation at Expo 2025 Osaka, said Deputy Prime Minister Datuk Seri Fadillah Yusof. 

Penang FAMA Roadshow Helps Bumiputera Entrepreneurs Expand Market Reach

KOTA BHARU, May 30 (Bernama) -- The Federal Agricultural Marketing Authority (FAMA) is offering Bumiputera entrepreneurs opportunities to participate in the Jelajah FAMA Pulau Pinang programme as a means to increase their income.

CGS, CGS International Sign Strategic Deals To Boost ASEAN-China Business Ties

KUALA LUMPUR, May 29 (Bernama) -- China Galaxy Securities Co Ltd (CGS) and CGS International Securities Group today signed five strategic memoranda of understanding (MoUs) and one letter of intent (LOI) for ASEAN-China business partnerships.

MATRADE Supports Efforts To Achieve RM13 Bln In Potential Trade And Investments At Osaka Expo

KUALA LUMPUR, May 29 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will be supporting the whole government approach in achieving RM13 billion in potential trade and investments at Expo 2025 Osaka, Japan.

Perak Secures Strategic MoUs To Propel Maritime And Halal Industry Growth

KUALA LUMPUR, May 29 (Bernama) -- The Perak State Development Corporation (PKNPk) signed two memoranda of understanding (MoUs) to advance its maritime, halal, and future-focused industries.

Izzana Salleh Named New CPOPC Chief As Council Eyes Stronger Global Voice

JAKARTA, May 28 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) has appointed Izzana Salleh as its new secretary general and Dr Musdhalifah Machmud as deputy, with their roles to start from June 2025 until May 2028.

Rafizi Ramli Resigns As Economy Minister, Effective June 17

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli has resigned as Minister of Economy effective June 17, 2025

AEC Strategic Plan To Enhance Region’s Digital Economy, Projected To Reach US$1 Trillion By 2030 - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.