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AM Best Affirms Top Ratings For Samsung Fire & Marine Insurance, Subsidiaries

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.

Nagasaki Ceramics Company Keen To Expand In Malaysia

NAGASAKI (Japan), Sept 7 (Bernama) – Maruhiro Inc., a ceramics trading company based in the Nagasaki prefecture, Japan, is keen to expand to Malaysia.

Network Outages Surge Globally, Costing Businesses Millions - Opengear

KUALA LUMPUR, Sept 4 (Bernama) -- Nearly nine in 10 organisations have reported an increase in network outages over the past two years, with more than a quarter recording a rise of between 25 per cent and 50 per cent, according to new research by Opengear.

13MP Allocates RM93.9 Bln For Development In Less Developed States

KUALA LUMPUR, Sept 3 (Bernama) -- The 13th Malaysia Plan (13MP) sets the direction for the country's economic development by focusing on reducing regional disparities and driving strategic investments.

Sarawak Advances Green Energy Initiative With Pilot Hydrogen Export Projects, Global Partnerships

KUCHING, Sept 3 (Bernama) -- Sarawak continues to strengthen its position as a regional green energy leader through pilot hydrogen export projects and strategic partnerships with foreign countries, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

O&G, Energy Sectors Remain Vital Amid Green Energy Transition -- Informa

KUALA LUMPUR, Sept 2 (Bernama) -- Although green transitions are accelerating worldwide, the oil and gas (O&G) and energy sectors have continued to play a vital role, said Informa Markets Malaysia Sdn Bhd chairman Tan Sri Rahman Abdul Mamat.

Global Investors Head To Xiamen For 25th CIFIT Amid Rising Two-Way Investment Focus

KUALA LUMPUR, Sept 2 (Bernama) -- The 25th China International Fair for Investment & Trade (CIFIT), themed “Join Hands with China, Invest in the Future”, will be held in Xiamen, Fujian, from Sept 8 to 11, drawing high-level global attention as China reinforces its dual role in attracting and exporting capital.

Ascend Airways Malaysia Optimistic On ACMI Business With Operations Targeted For Mid-November

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 28 (Bernama) — Ascend Airways Malaysia is confident of the prospects of its aircraft, crew, maintenance and insurance (ACMI) business, with operations targeted to commence by mid-November this year in line with rising demand and interest in Malaysia and the Asia-Pacific region.

13MP: High-value Manufacturing Vital To Maintain Malaysia's Position As Top Glove Exporter -- Margma

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.

Govt To Narrow Regional Development Gap Through Economic Zones -- Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- The government continues to intensify efforts to attract investments to special economic zone development areas to bridge the gap between regions throughout the 13th Malaysia Plan (13MP) period, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

UK Mulls Deeper Linkages With ASEAN In Semiconductor Industry

By Anas Abu Hassan

KUALA LUMPUR, Aug 21 (Bernama) -- The United Kingdom (UK) is open to strengthening industrial collaboration with ASEAN nations, particularly in the semiconductor industry to establish a resilient global supply chain in efforts to navigate the ongoing trade uncertainties including the possible imposition of severe tariffs by the United States (US) on the industry.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.