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KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.
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KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings.
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KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.
4m ago
KUALA LUMPUR, Sept 8 (Bernama) -- The telecommunications industry’s average revenue per user (ARPU) eased 0.8 per cent quarter-on-quarter (q-o-q) in the second quarter of 2025 (2Q 2025) with the possibility to decline further in the second half of the year (2H 2025), according to CIMB Securities Sdn Bhd.
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KUALA LUMPUR, Sept 4 (Bernama) -- PBA Holdings Bhd's unit Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) has successfully issued its inaugural sustainability sukuk wakalah in aggregate of RM300 million in nominal value under its sukuk wakalah programme.
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By Saraswathi Muniappan
KUALA LUMPUR, Sept 3 (Bernama) – The 35 per cent surge in Tenaga Nasional Bhd’s (TNB) brand value to US$2.3 billion (US$1 = RM4.22) in the recent Energy 100 2025 report for Brand Finance underscores strong market conviction in its financial resilience and operational efficiency.
4m ago
KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.
4m ago
KUALA LUMPUR, Sept 2 (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) for Bermuda’s INPEX Insurance Ltd (IIL), with a stable outlook.
4m ago
KUALA LUMPUR, Sept 2 (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 Macau Insurance Company Limited (MIC).
4m ago
KUALA LUMPUR, Sept 2 (Bernama) -- Asia will retain its leadership in chip manufacturing over the next five years, supported by cost advantages, established ecosystems and deep technical expertise, said Moody’s Ratings today.
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KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first half of the financial year ending Dec 31, 2025 (1H 2025), reaffirming its focus in advancing its role in nation-building and community support while delivering sustainable returns to shareholders.
4m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029.