AEON Credit 3Q Net Profit Rises To RM91.8 Mln
KUALA LUMPUR, Dec 18 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2025 (3Q 2025) rose to RM91.80 million from RM62.07 million previously.
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Parliament 2025: Fiscal Discipline, Economic Reforms, Subsidy Retargeting Take Centre Stage
KUALA LUMPUR, Dec 18 (Bernama) -- The parliamentary sessions throughout 2025, involving the Dewan Rakyat and the Dewan Negara, saw economic debates focused on fiscal consolidation, structural reforms and efforts to address the cost of living for the people in an uncertain global economic environment.
Monthly SARA Recipients Total 5.6 Mln, With Spending Amounting To RM4.59 Bln -- Amir Hamzah
KUALA LUMPUR, Dec 18 (Bernama) -- An estimated 5.6 million recipients eligible for the monthly SARA aid have been recorded, with total entitlements reaching RM5 billion a year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best
KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.
Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.
South Korea Eases Discount Rate Rules For Non-Life Insurers
KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.
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).
Malaysia Needs Modernised Grid For Competitive Low-Carbon Economy - Fadillah
KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia needs to modernise its power systems to build a low-carbon economy that is competitive, inclusive and resilient, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
2025: A Year Malaysia kept Moving Despite Headwinds, Though Outlook Remains Cautious
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.
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).
AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance
KUALA LUMPUR, Dec 12 (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’s Qianhai Reinsurance Co Ltd (QHR).
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).