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AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

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).

Update Browsers, Operating Systems To Counter Cyber Threats - Banking Associations

KUALA LUMPUR, Dec 22 (Bernama) -- To safeguard banking accounts against cyber threats, the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) today urged customers to ensure that their web browsers and mobile devices are running the latest versions to protect against cyber vulnerabilities and scams.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

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.

Bank Islam Recognised As 2-Star Lister On UNGCMYB’s Inaugural ESG Select List 2025

KUALA LUMPUR, Dec 22 (Bernama) -- Bank Islam Malaysia Bhd has been recognised on the Environmental, Social and Governance (ESG) Select List 2025 by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), earning a 2-Star Lister distinction for its exemplary achievements across the North Star ESG Target Setting, Future-Fit and Responsible Workforce categories.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.

AEON Credit 3Q Net Profit Rises To RM91.8 Mln

KUALA LUMPUR, Dec 18 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2025 (3Q 2025) rose to RM91.80 million from RM62.07 million previously.

Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

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.

Scientex's 1Q Net Profit Rises 11.1 Pct To RM142.91 Mln

KUALA LUMPUR, Dec 17 (Bernama) -- Scientex Bhd’s net profit increased by 11.1 per cent to RM142.91 million in the first quarter (1Q) ended Oct 31, 2025, compared with RM128.61 million in the same period last year, driven by higher revenue in packaging and property segments. 

OAG Appoints Former Skyscanner Executive As CEO

KUALA LUMPUR, Dec 17 (Bernama) -- OAG, a data platform for the global travel industry, has appointed former Skyscanner executive Filip Filipov as its new Chief Executive Officer (CEO).

FMM Looks Forward To Policy Continuity, Stability Following New Cabinet Line-Up

KUALA LUMPUR, Dec 17 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) looks forward to policy continuity and stability that provide businesses and investors with the confidence to plan and invest over the long term following the new Cabinet line-up announced yesterday.

ASEAN Confidence Remains Strong Despite Heightened Regional Tension

KUALA LUMPUR, Dec 17 (Bernama) -- ASEAN confidence remains strong despite developments and heightened attention surrounding regional tension, including the situation between Thailand and Cambodia.

Portugal Key To Malaysia’s Deeper Economic Engagement With EU - Ambassador 

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 17 (Bernama) -- Portugal is emerging as a strategic gateway for Malaysia’s deeper economic engagement with the European Union (EU), offering strengths in renewable energy, manufacturing, maritime logistics and technology partnerships, said Malaysian Ambassador to Portugal Datuk Eldeen Husaini Mohd Hashim.