AM Best Affirms Philippines Nat Re's Credit Ratings With Stable Outlook 

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

SJKP Guarantees Over 100 Pct Home Financing For First-time Buyers

KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.

Matrix Concepts, Golog Ink MoU For MVV 2.0 Land Development In Negeri Sembilan

KUALA LUMPUR, Oct 8 (Bernama) -- Matrix Concepts Holdings Bhd (MCHB) today signed a memorandum of understanding (MoU) with Golog Holdings Sdn Bhd to collaborate on the acquisition and development of a 250.1-hectare parcel of land in Smart County, Labu, Negeri Sembilan.

Binastra Secures RM305 Mln Solar PV, BESS Project In Johor

KUALA LUMPUR, Oct 7 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary, Binastra Green Energy Sdn Bhd, has secured a RM305 million contract from Bahru Stainless Sdn Bhd to develop infrastructure for a 65-megawatt-peak (MWp) solar photovoltaic (PV) energy system and a 200-megawatt hour (MWh) battery energy storage system (BESS) in Pasir Gudang, Johor.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia closed the morning session lower, as profit-taking in selected heavyweights, led by healthcare and construction counters, weighed on market sentiment, analysts said.

Budget 2026 To Reinforce Govt Commitment To Strengthen Fiscal Space - MBSB IB

KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2026 will reinforce the government’s commitment to strengthening fiscal space, said MBSB Investment Bank Bhd (MBSB IB) today.

Stronger 2H 2025 Property Sales Expected To Balance Weak 1H -- Kenanga Research

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s property sector is expected to see stronger sales in the second half of 2025 (2H 2025), offsetting 1H 2025’s weaker performance, according to Kenanga Research.

TNB Wins Award For Highest Shareholder Returns Among Market Heavyweights

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 1 (Bernama) – Tenaga Nasional Bhd (TNB) has won the prestigious “The Edge Billion Ringgit Club Awards 2025” (BRC Awards) for having the highest shareholder returns over three years in the Super Big Cap, or above RM40 billion market capitalisation, category.

Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.

DGB Asia Proposes RM197 Mln Capital Reduction

KUALA LUMPUR, Sept 29 (Bernama) -- DGB Asia Bhd, a software and engineering solutions company, proposes to undertake a capital reduction exercise via the cancellation of its issued share capital, which is lost and unrepresented by available assets of RM197 million.

AM Best Assigns Excellent Ratings To Samsung P/C China

KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.