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).

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Banks Roll Out Flood Relief Assistance For Affected Customers

KUALA LUMPUR, Nov 27 (Bernama) -- Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in repairing and restoring their homes and businesses.

Four More BSN Mobile Banks For Sabah, Sarawak, Pahang & Perak

KUALA LUMPUR, Nov 18 (Bernama) -- The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.

MK Curtain Group Sets Up MK Gift & Give To Offer Quality Premium Souvenirs

NILAI, Nov 16 (Bernama) -- MK Curtain Group has taken a strategic step by launching a new business arm, MK Gift & Give, offering a complete range of gifts for weddings, festive seasons, exclusive corporate souvenirs and creative items at affordable prices.

Uni-Fuels Opens First Europe Office In Cyprus

KUALA LUMPUR, Nov 12 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions, has opened a new office in Limassol, Cyprus, marking its first establishment in Europe.

Allianz Malaysia Strengthens Northern Footprint With Relocation Of Penang Branch

GEORGE TOWN, Oct 30 (Bernama) -- Allianz Malaysia Bhd is strengthening the company’s footprint in the northern region with the opening of a new Penang branch here today.

Mr. D.I.Y. Thailand Set For Market Debut, Targets 5.6 Bln Baht Fundraising

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- MR. D.I.Y. Holding (Thailand) is aiming to raise up to 5.6 billion baht (US$173 million) through an initial public offering (IPO) ahead of its listing on the Stock Exchange of Thailand on Nov 5, 2025.

Prudential Syariah Drives Inclusive Growth In Indonesia’s Takaful Market

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 15 (Bernama) -- The takaful scene in Malaysia and Indonesia is on a steady rise, with analysts projecting the market to soar to US$5.4 billion (US$1=RM4.22) by 2033 -- a sign that demand for Shariah-compliant protection is no longer niche, but mainstream.