7m ago
KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s international reserves grew marginally to US$119.60 billion as at May 30, 2025, from US$119.10 billion recorded as at May 15, 2025, according to Bank Negara Malaysia (BNM).
8m ago
KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.
8m ago
KUALA LUMPUR, May 28 (Bernama)-- Pestec International Bhd’s (Pestec) unit, Pestech Technology Sdn Bhd has secured a RM270.4 million contract from Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for works on Phase 2 of the Klang Valley electric double-track railway project.
8m ago
KUALA LUMPUR, May 28 (Bernama) -- Malaysia could leverage and strengthen its semiconductor industry to empower innovation in the agriculture sector, particularly in ensuring food security, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
8m ago
KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.
8m ago
KUALA LUMPUR, May 21 (Bernama) -- Malaysia’s general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6 per cent from RM24.6 billion in 2025 to RM31.8 billion by 2029 in terms of gross written premium (GWP), according to data and analytics company GlobalData.
8m ago
By Kisho Kumari Sucedaram
BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric
8m ago
KUALA LUMPUR, May 15 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has urged young Malaysians and first-time insurance buyers to take advantage of the i-MULA 50 starter pack while funds are still available, with only RM2.4 million remaining for eligible applicants nationwide.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).
9m ago
KUALA LUMPUR, May 5 (Bernama) -- Malaysia-based technology company Nuren Group Ltd (Nuren) plans to list on the Nasdaq Stock Exchange in the United States (US).