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AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (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 Generali Life (Hong Kong) Limited (Generali Hong Kong).

CRH Develops Wind Farm To Support Romanian Cement Factory

KUALA LUMPUR, Nov 4 (Bernama) -- CRH, the provider of building materials solutions, has developed a new wind farm to provide renewable electricity to its Medgidia Cement Plant in Romania, the first of its kind in the country to exclusively power a cement plant.

Steen Lomholt-Thomsen Joins NIQ As CCO To Focus On Global Growth, Client Strategy

KUALA LUMPUR, Nov 4 (Bernama) -- NielsenIQ (NIQ), the world’s leading consumer intelligence company, has appointed Steen Lomholt-Thomsen as its new Chief Commercial Officer (CCO), based in NIQ’s Geneva, Switzerland office, effective Nov 1.

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

MIDF Aims To Allocate RM200 Mln To SMEs Through Future Ready Financing Initiative

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate RM200 million to small and medium enterprises (SMEs) through the newly launched Future Ready Financing (FRF) initiative. 

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.

Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

Cascale To Amplify Voices Of Suppliers, Manufacturers

KUALA LUMPUR, Nov 4 (Bernama) -- Cascale, formerly the Sustainable Apparel Coalition, has introduced a new member engagement and governance model to ensure more inclusive decision-making, with a sharper focus on elevating supplier and manufacturer input.

Malaysia’s ASEAN Chairmanship To Spur Digitalisation, Attract Foreign Investors -- TeamViewer

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia’s assumption of the ASEAN chairmanship next year will be a catalyst for the country’s adoption of advanced technologies, especially in digitalisation, and make it more appealing to foreign investors. 

R​​​inggit Rebounds, Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later in the week.

Integrating Biomethane Into Labuan’s O&G Sector Can Help Malaysia Achieve ESG Goals

LABUAN, Oct 3 (Bernama) -- Bioethanol is emerging as a promising alternative fuel in Malaysia’s oil and gas (O&G) sector, underscoring the nation’s commitment to environmental sustainability.

Fahmi Arrives In Turkiye For 3-day Working Visit, Represents Asia At COMCEC

From Kisho Kumari Sucedaram

ISTANBUL, Nov 3 (Bernama) -- Communications Minister Fahmi Fadzil has arrived for a three-day working visit to Turkiye and to attend the Organisation of Islamic Cooperation’s (OIC) 40th session of the Standing Committee for Economic and Commercial Cooperation (COMCEC).