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JC3 Issues Sustainable And Transition Finance Guidance

KUALA LUMPUR, Dec 17 (Bernama) -- The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC), has published the Sustainable and Transition Finance Guidance (STFG).

MATRADE Welcomes Johari Abdul Ghani As MITI Minister, Expects Continued Export Momentum

KUALA LUMPUR, Dec 17 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has expressed confidence that the new leadership at the Ministry of Investment, Trade and Industry (MITI) will continue to strengthen the national export agenda in line with Malaysia's economic development priorities.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).

Pasukhas Unit Bags RM63.6 Mln Data Centre Job In Johor

KUALA LUMPUR, Dec 15 (Bernama) -- Pasukhas Group Bhd has secured a RM63.60 million data centre construction job in Johor from a multinational technology corporation headquartered in the United States.

Dassault Systemes Expands AI Partnerships To Power Malaysia’s Innovation-Driven Economy

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 14 (Bernama) -- Dassault Systèmes is ramping up its collaboration with Malaysian industry and government partners to accelerate the adoption of virtual twin technologies and generative artificial intelligence (AI), positioning the country for a new phase of industrial and aerospace transformation under the National AI Roadmap.

Bursa Malaysia To Retest 1,640 Level Amid Positive Sentiment Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.

Gold Futures Expected To Trade Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.

Gold Futures End Higher On Expectations Of Further US Rate Cuts Next Year

KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.

Bursa Malaysia Ends At Two-month High On Positive Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025.

Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).

3Degrees Appoints David Dines To Board Of Directors

KUALA LUMPUR, Dec 12 (Bernama) -- A renewable energy and climate solutions company, 3Degrees, has appointed veteran global executive David Dines to its Board of Directors, effective Dec 8.

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).