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KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023.
KUALA LUMPUR, March 14 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is confident SMRT Holdings Bhd is on track to fully eliminate accumulated losses and shift to retained earnings, positioning it for a transfer to the Main Market with stronger earnings expected in financial year 2025 (FY2025).
KUALA LUMPUR, March 13 (Bernama) -- Total contributions to the i-Saraan programme, a voluntary scheme under the Employees Provident Fund (EPF), amounted to RM2.6 billion in 2024, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
KOTA BHARU, March 6 (Bernama) -- As part of efforts to eradicate poverty, Agrobank, through its Hijrah Asnaf programme, is providing opportunities for the asnaf and B40 groups to enhance their standard of living by venturing into agro-based industries and downstream agriculture and aquaculture products.
KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.
KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.
KUALA LUMPUR, Feb 25 (Bernama) -- The Supplementary Supply (2024) Bill 2025 was tabled for its first reading in the Dewan Rakyat today.
KUALA LUMPUR, 24 Feb (Bernama) -- The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.
