RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings
KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.
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Malaysia-Brazil Partnership Holds Huge Promise For E&E, Semiconductor Industry - PM Anwar
RIO DE JANEIRO (Brazil), Nov 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has urged the electrical and electronics (E&E) and semiconductor industries of Malaysia and Brazil to leverage each other’s strengths and enhance collaboration, particularly given the increasing prominence of the Global South.
Yayasan Bank Rakyat Bags 'Community Initiative' Award At ACES 2024
BANGKOK, Nov 15 (Bernama) -- Yayasan Bank Rakyat (YBR) received the ‘Community Initiative’ award at the Asia Corporate Excellence & Sustainability (ACES) 2024 here on Thursday in recognition of its efforts to improve the socioeconomic status of Malaysians.
BNM Announces Foreign Exchange Policy liberalisation For MDBs, Qualified Non-resident DFIs
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia
AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global
KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global.
Wiki Impact: Bursa's Top 20 Companies Donated RM381.81 Mln In 2023
KUALA LUMPUR, Nov 13 (Bernama) -- The top 20 Bursa Malaysia companies donated RM381.81 million in cash in 2023, according to Wiki Impact’s “Bursa Top 20: Who’s The Most Charitable?” report.
Bursa Malaysia Opens Lower, Tracking Weaker Wall Street Performance
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.
Repatriate Foreign Investment Income, Without Selling Overseas Assets -- Amir Hamzah
KUALA LUMPUR, Nov 12 (Bernama) -- The government's concerted measure to encourage government-linked companies (GLCs), government-linked investment companies (GLICs) and corporates to consistently repatriate foreign investment income and convert them into ringgit does not involve the sale of assets and their investments abroad.
Forest City Positioned To Become Key Business And Investment Hub -- Country Garden
KUALA LUMPUR, Nov 12 (Bernama) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.
Bursa Malaysia Ends Lower On Profit-taking
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst.
Bursa Malaysia Opens Higher Tracking Wall Street
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst.