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Russia Seeks To Deepen Trade, Economic Cooperation With Malaysia -- Ambassador

KUALA LUMPUR, Dec 10 (Bernama) -- Russia is seeking to deepen trade and economic cooperation with Malaysia, particularly in the electronics and semiconductor sectors, which Moscow considers strategically important amid global supply-chain shifts.

Selangor Revenue Hits RM2.7 Bln, Exceeds Target For 2025

SHAH ALAM, Dec 10 (Bernama) -- Selangor has recorded RM2.7 billion in revenue to date, surpassing this year’s initial target of RM2.3 billion.

Gamuda Reports Five Pct Earnings Rise In 1Q On Stronger Domestic Performance, Declares Five Sen Dividend

KUALA LUMPUR, Dec 10 (Bernama) -- Gamuda Bhd posted a five per cent rise in its earnings to RM215 million from last year’s RM205 million for the first quarter ended Oct 31, 2025 (1Q FY2026), primarily driven by robust contributions from domestic construction projects.

AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (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) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Malaysia’s Unemployment Rate To Remain At 3.0 Pct In 2025 And 2026 -- MBSB IB

KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s unemployment rate is expected to remain at 3.0 per cent in 2025 and 2026, supported by steady employment growth and continued hiring in the domestic-oriented services sector, according to MBSB Investment Bank Bhd (MBSB IB).

Expereo To Manage Global Network For Kingspan Light, Air + Water

KUALA LUMPUR, Dec 10 (Bernama) -- Expereo, a global leader in managed Network as a Service (NaaS), has been selected by Kingspan Light, Air + Water to provide a fully managed global connectivity solution.

Checkmarx Acquires Tromzo To Advance Autonomous AI-Powered AppSec

KUALA LUMPUR, Dec 10 (Bernama) -- Checkmarx, the global leader in agentic application security, has acquired Tromzo, a pioneer in artificial intelligence (AI)-native autonomous security agents.

MBSB: VMY 2026 And AI To Boost Malaysia’s Economy, Markets

KUALA LUMPUR, Dec 10 (Bernama) -- MBSB Investment Bank Bhd expects Visit Malaysia Year 2026 (VMY 2026) to be a key driver of Malaysia’s economy and equities market next year, with related sectors poised to benefit.

Ringgit Slips Vs US Dollar, Rises Against Majors On Fed Cut Expectations

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.

Global 2025 Aircraft Delivery Shortfalls By 5,300, Aviation Sector’s Most Significant Constraint

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Global aircraft delivery shortfalls in 2025 now total at least 5,300 aircraft, making aircraft availability one of the most significant constraints on industry growth, according to the Geneva-based International Air Transport Association (IATA).

Ringgit Holds Steady vs Greenback At Close As FOMC Kicks Off Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.