AM Best Affirms KBFG China Credit Ratings

KUALA LUMPUR, March 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 KBFG Insurance (China) Co Ltd (KBFG China) with a stable outlook.

Short-term Rates Set To Remain Stable On BNM Operations

KUALA LUMPUR, March 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity in the financial system.

Foreign Investors Record US$16.8 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, Mar 16 (Bernama) -- Foreign investors extended a four-week streak of net selling across eight Asian markets, with net outflows totalling US$16.8 billion, according to MBSB Investment Bank Bhd.

BNM Likely To Assess Oil Shock Impact Before Interest Hike To Counter Inflation - Economist

By Karina Imran

KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.

Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

Kuala Lumpur Rubber Market Unchanged Amid Mixed Regional Performance

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- The Kuala Lumpur rubber market remained steady today amid hopes that the United States-Israeli war on Iran will end soon, said a dealer.

Higher Oil Prices Pose Fiscal, Inflation Risks For Asia -- OCBC

KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.

Malaysia’s LNG Edge To Lift Economy On Gas Surge -- CIMB

KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s substantial Liquefied Natural Gas (LNG) exports uniquely position the country to benefit from rising gas prices, with a US$5 per million British thermal units (MMBtu) increase estimated to add 1.23 per cent of gross domestic product to the current account.

I-Topup Contributions Up 26 Pct, Signals High Trust In Nation’s Financial Institutions – Amir Hamzah

PUTRAJAYA, Feb 28 (Bernama) -- Public willingness to contribute above the statutory rate through the Employees Provident Fund (EPF) i-Topup scheme signals high trust in the stability of the country’s financial institutions, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

AG Report: 24 Subsidiaries of Five Federal Agencies Record Losses For Three Consecutive Years

KUALA LUMPUR, Feb 23 (Bernama) --  A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.

AG Report: PPHM Unable To Meet Its Financial Obligations

KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.

Malaysia May Need To Revisit ART Deal, Seek Legal Advice After Supreme Court Blocks Trump’s Tariffs

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia may need to revisit the Agreement on Reciprocal Trade (ART) with the United States which was signed last October, including on legal grounds following the latest US Supreme Court decision on Friday.