KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.
KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.
KUALA LUMPUR, Dec 4 (Bernama) -- Kuala Lumpur International Airport (KUL) has been ranked first among 355 airports in the Airport Service Quality (ASQ) Global Performance rankings.
KUALA LUMPUR, Dec 3 (Bernama) -- MIDF Amanah Investment Bank Bhd remains optimistic about Malaysia’s trade outlook and the manufacturing sector’s growth prospects, given the improved export demand.
KUALA LUMPUR, Dec 3 (Bernama) -- The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.
KUALA LUMPUR, Dec 2 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cuplump and latex has not been activated for November 2024 in Peninsular Malaysia, Sabah dan Sarawak.
KUALA LUMPUR, Dec 2 (Bernama) -- Local institutions were net buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.
KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term.
