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Bursa Malaysia Ends Lower As West Asia De-escalation Hopes Fade

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia gave up early gains to end lower today as risk appetite waned as fading hopes of de-escalation in the West Asia conflict weighed on sentiment.

AM Best Upgrades Long-Term Issuer Credit Rating Of Hanoi Re

KUALA LUMPUR, March 24 (Bernama) -- AM Best has upgraded Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).

Curia Expands Glasgow Facility, Enhances Biologics Platform

KUALA LUMPUR, March 24 (Bernama) -- Curia, a contract research, development and manufacturing organisation, announced progress on the expansion of its sterile drug product facility in Glasgow, United Kingdom, alongside enhancements to its proprietary cell line development (CLD) platform.

AM Best Affirms PVI Insurance’s Top-Tier Ratings

KUALA LUMPUR, March 24 (Bernama) -- 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 of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.

​AM Best Affirms Australia’s Pacific Credit Ratings 

KUALA LUMPUR, March 24 (Bernama) -- AM Best 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.

China Taiping Insurance (Macau) Affirmed Excellent Ratings By AM Best

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.

Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During Festive Seasons - Fortinet

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s scam-related losses reached approximately RM2.7 billion in 2025, representing a 76 per cent increase from 2024, with a noticeable spike during festive seasons such as Hari Raya, according to cybersecurity firm Fortinet Malaysia.

Trash To Treasure: Kompostri's Mission To Cut Food Waste

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 24 (Bernama) -- Tonnes of food waste end up in Malaysia’s landfills every day, much of it still edible. The problem becomes even more pronounced during festive seasons such as Ramadan, when large volumes of food are prepared but not always consumed.

Indonesia Projects Aidilfitri Homecoming To Boost 5.5-5.6 Pct Economic Growth

JAKARTA, March 23 (Bernama) -- Indonesia expects the Aidilfitri mudik or homecoming momentum to support its 2026 economic growth target of 5.5 to 5.6 per cent year-on-year, with public mobility and spending rising during the festive period.

“Force Majeure” And Its Economic Impact

By Saraswathi Muniappan

KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract. 

Embracing Risk-sharing Business Will Be Game Changer For Malaysia’s Robust Islamic Banking Sector – Economists

By Karina Imran

KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.

MPOB Launches Used Cooking Oil Price Portal To Boost Circular Economy

KUALA LUMPUR, March 20 (Bernama) — The Malaysian Palm Oil Board (MPOB) is encouraging industry players and the public to participate actively in the trading of used cooking oil (UCO) as part of efforts to support the nation’s circular economy.