The Dai-ichi Life Insurance Company Scores Superior Credit Ratings - AM Best

KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Dialog's Intraday Short Selling Suspended After 15 Pct Share Price Drop

KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.

Capital A, AAX Stocks Up After Positive 4Q Operating Stats

KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.

AKWEL Records 7.3 Pct Revenue Drop In 2024

KUALA LUMPUR, Feb 7 (Bernama) -- AKWEL posted a consolidated revenue of 989.0 million euros for fiscal year 2024, marking a 7.3 per cent decrease from 1.0664 billion euros, the previous year. (1 euro = RM4.59)

Perodua Raises Capex To RM1.6 Bln In 2025, Focuses on Expansion

KUALA LUMPUR, Feb 7 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is increasing its capital expenditure (capex) to RM1.6 billion this year, with the biggest chunk reserved for plant improvements, raising stamping capacity, new model development and tooling.

E-Invoicing System Eases Transition For Small Businesses, Says Expert

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia's e-invoicing system offers a streamlined adoption process for small businesses, according to Chartered Tax Institute of Malaysia council member Harvindar Singh.

Palo Alto Networks Unveils Cybersecurity Predictions For 2025: Key Insights For Malaysian Businesses

KUALA LUMPUR, Jan 14 (Bernama) – Palo Alto Networks, a global leader in cybersecurity, has released its APAC Cybersecurity Predictions for 2025, offering vital insights into the future of cyber threats and strategies to stay ahead of the curve.

Bursa Malaysia Shines In 2024, CI To Touch 1,800 Next Year, With 50 New Listings

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.

Renewed Buying Interest Lifts FBM KLCI To Close Higher

KUALA LUMPUR, Dec 23 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) staged a rebound from last Friday’s losses to close higher today, underpinned by renewed buying interest in banking stocks, in line with the mostly positive regional market performance, said an analyst.

Winstar Capital Sees Sales Growth In 2025 By Leveraging China's Tax Policy Shift

KUALA LUMPUR, Dec 19 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd sees sales growth in 2025 by leveraging China’s recent tax policy shift. 

107.5 Mln e-invoices received By LHDN since August

By Engku Shariful Azni Engku Ab Latif and Previnna Thuraisingam

KUALA LUMPUR, Dec 18 (Bernama) -- The Inland Revenue Board (LHDN) has received 107.5million e-invoices from taxpayers since the system was implemented on Aug 1.