| LATEST NEWS | Appointment of Arthur Joseph Kurup as Sabah BN chairman is part of preparations for GE16 - Ahmad Zahid | Public will be allowed to apply for physical Malaysian driving licence without producing proof of overseas travel starting tomorrow — MOT | BNM maintains OPR at 2.75 pct | Students of religious schools and pondok institutions are encouraged to master new technologies - PM Anwar | Bestari Perdana Toll Plaza on Senai Desaru Expressway opens today, toll free until after Aidilfitri - Nanta | |
KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).
KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.
KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.
PADAWAN, Dec 18 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) today held the groundbreaking ceremony for its RM673 million Mambong Clinker Line 2 project, a strategic investment aimed at significantly enhancing cement production capacity and supporting Sarawak’s rapidly expanding infrastructure and economic development.
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is considered the most borrower-friendly market among six Asia-Pacific nations, ahead of Indonesia, Vietnam, Thailand, South Korea and Japan, according to international real estate technology group, Juwai IQI.
KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.
