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Thailand’s Non-life Insurance Market Rebounds With Strong Profits In 2023, Says AM Best

KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)

Malaysia’s Auto Sector Shifts Gears For E-mobility Growth - Tengku Zafrul

RAWANG, March 3 (Bernama) -- Malaysia’s automotive industry is adapting to global demand for e-mobility solutions, reshaping supply chains and manufacturing processes in line with government policies, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.  

HALMAS-status Halal Parks Record RM16.75 Bln Investments In 2012-2024 Period -- MITI

KUALA LUMPUR, March 3 (Bernama) -- Halal Malaysia (HALMAS)-certified halal industrial parks recorded cumulative investments of RM16.75 billion for the 2012-2024 period, according to the Ministry of Investment, Trade, and Industry (MITI).

Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

EPF's Resilience, Commitment Reflected In Strong Dividend Performance -- Amir Hamzah

KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

CPO Futures Likely To Stay Bearish Next Week

KUALA LUMPUR, March 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.

MBSB Group Opens Commercial Banking Centre At MATRADE To Support SMEs And Mid-sized Companies

KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets. 

Sarawak Expands Global Footprint At Mobile World Congress Barcelona 2025

KUALA LUMPUR, Feb 28 (Bernama) -- The Sarawak state government, through the Sarawak Multimedia Authority (SMA), continues to strengthen its global presence via participation in the world’s premier connectivity and technology event, Mobile World Congress (MWC) Barcelona 2025, to be held March 3-6, 2025.

Reinforce Centrality, Focus On Realistic Targets And Delivery, ASEAN-BAC’s Nazir Razak Tells Grouping

KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

MIHAS Expands Global Footprint With Shanghai Edition Following Dubai Success

KUALA LUMPUR, Feb 27 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will host the second international edition of the Malaysia International Halal Showcase (MIHAS) in Shanghai, China.