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AM Best Affirms Vietnam National Reinsurance Credit Ratings

KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).

US Dollar/Ringgit To Trade 3.95-4.05 In Near Term -- Apex Securities

KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.

PayNet Processed 8.44 Bln Transactions In 2025, Reflecting Growing Preference For Digital Payments

KUALA LUMPUR, April 23 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.

Sabah Electricity Eyes 400,000 Subscribers For New MySE+ Mobile App

KOTA KINABALU, April 21 (Bernama) -- Sabah Electricity Sdn Bhd (SESB) is targeting 400,000 subscriptions for its newly launched MySE+ mobile application, from a base of 725,000 existing consumer accounts.

AM Best Affirms New Zealand’s Pinnacle Life Credit Ratings 

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life), with a stable outlook.

GGR Motor Aims To Sell At Least 3,000 Electric Motorcycles Monthly

IPOH, April 12 (Bernama) -- GGR Motor Group aims to sell at least 3,000 units of electric motorcycles per month this year, in line with increased production capacity and the expansion of its distribution network.

Grab Unveils 13 AI-Powered Features To Enhance Superapp Experience At GrabX 2026

JAKARTA, April 8 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as an intelligent everyday guide aimed at improving daily life, travel convenience, and business operations across Southeast Asia.

U Mobile, TM Hold 5G Kick-off Meeting, Agreement Being Finalised

KUALA LUMPUR, April 7 (Bernama) -- U Mobile Sdn Bhd held a 5G collaboration project kick-off meeting with Telekom Malaysia Bhd (TM) yesterday, following the signing of a three-year 5G wholesale agreement in February 2026.

Risk Of West Asia Escalation May Push Global Oil Prices Higher -- Rystad Energy

KUALA LUMPUR, March 31 (Bernama) -- Global oil prices could remain elevated if the West Asia conflict escalates further in the absence of a ceasefire, independent research and energy intelligence company Rystad Energy said today.

Capital A Plans To Exit PN17 After Four Consecutive Profitable Quarters — Tony Fernandes

KUALA LUMPUR, March 30 (Bernama) -- Capital A Bhd is eyeing to exit its Practice Note 17 (PN17) status after achieving four consecutive quarters of profitability, said its chief executive officer Tan Sri Tony Fernandes.

Malaysian Consumer Sector Seen Resilient On Stable Spending, Fiscal Support – RHB IB

KUALA LUMPUR, March 30 (Bernama) -- The Malaysian consumer products sector shall continue to provide earnings resilience and visibility, underpinned by stable domestic consumption and ongoing fiscal support, according to RHB Investment Bank Bhd (RHB IB).

AM Best Affirms Excellent Ratings Of Nan Shan General

KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.