KUALA LUMPUR, March 24 (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), with a stable outlook.
KUALA LUMPUR, March 18 (Bernama) -- Mongolian Mining Corporation (MMC) reported lower earnings for the financial year ended Dec 31, 2025 (FY2025), with total revenue declining to US$823.4 million from US$1.04 billion a year earlier. (US$1=RM3.90)
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
PUTRAJAYA, March 5 (Bernama) -- The National Finance Council (NFC) has agreed to increase the grants provided by the federal government to state governments, with the total amount expected to reach RM10.5 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.
KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.
KUALA LUMPUR, Feb 23 (Bernama) -- A total of 36 dormant companies with net liabilities amounting to RM1.248 billion require continued support from the government, agencies, or parent companies to settle their respective financial obligations, according to the Auditor-General’s Report 1/2026 released today.
KUALA LUMPUR, Jan 22 (Bernama) -- Komarkcorp Bhd has proposed a share capital reduction of RM148.70 million to offset its significant accumulated losses.
KUALA LUMPUR, Jan 22 (Bernama) -- BWYS Group Bhd will sell its leasehold industrial land with buildings in Bukit Changgang, Kuala Langat, Selangor for RM67 million and acquire freehold industrial land in Tanjong Duabelas, Kuala Langat for RM94.5 million.
KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.
