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BNM: Decentralised Reserves Bolster Malaysia’s External Position

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.

Deepseek AI Model Seen As Credit Neutral For China’s Insurance Sector - AM Best 

KUALA LUMPUR, March 24 (Bernama) -- The adoption of the artificial intelligence (AI) model DeepSeek among mainland China’s insurance companies could help small to medium-sized insurers enhance their operational efficiency, according to global credit rating agency AM Best.

AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

AM Best Affirms Australia’s Pacific International Insurance Ratings 

KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Excellent Credit Ratings Assigned To China Taiping Insurance (Macau) - AM Best

KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM).

Vietnam’s PVI Insurance Rated Exceptional - AM Best 

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.

AM Best Affirms KBFG China Credit Ratings As Excellent

KUALA LUMPUR, March 14 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of KBFG Insurance (China) Co Ltd (KBFG China), with a stable outlook.

InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO

KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.

Kenanga IB: Trade Shifts, AI To Drive Logistics Sector In 2025

KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.

Fidelity Life Assurance Secures Excellent Credit Ratings - AM Best

KUALA LUMPUR, March 7 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).

Ringgit Rises For 5th Day As US Tariff Uncertainty Weighs

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.