3m ago
KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of C+ (Marginal) and the long-term issuer credit rating of “b-” (Marginal) of Bermuda’s Berking Re Limited (Berking Re).
3m ago
KUALA LUMPUR, Jan 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.
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PUTRAJAYA, Jan 15 (Bernama) -- The non-performing loan (NPL) rate for the guarantee scheme under Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) remains low at around two per cent in line with the growth of small and medium enterprises (SMEs).
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KUALA LUMPUR, Jan 14 (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’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia eased in early trade today after touching its highest level in more than six years, weighed by negative sentiment following Wall Street’s overnight performance, though the benchmark index remained above the 1,700 level.
4m ago
KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia’s wholesale and retail trade registered total sales of RM158.9 billion in November 2025, marking a year-on-year (y-o-y) growth of 6.4 per cent.
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GEORGE TOWN, Jan 9 (Bernama) -- Affin Bank Bhd expects Malaysia's economy to maintain its strong momentum with gross domestic product (GDP) growth forecast at 4.3 per cent in 2026, following the likely 4.6 per cent expansion in 2025.
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KUALA LUMPUR, Jan 6 (Bernama) -- Bank Negara Malaysia (BNM) is providing an additional RM2.5 billion under its fund for small and medium enterprises (SMEs), with a focus on channelling these funds to first-time borrowers.
4m ago
KUALA LUMPUR, Jan 5 (Bernama) -- The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment Bank Bhd.
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KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s headline inflation edged up slightly to 1.4 per cent in November 2025 from 1.3 per cent in the previous month, said Bank Negara Malaysia (BNM).
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KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$124.12 billion (US$1=RM4.04) as at Nov 30, 2025, while other foreign currency assets stood at US$266.2 million, according to Bank Negara Malaysia (BNM).