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APAC Banking Sector Remains Mostly Resilient Amid US Tariff Risks - Fitch Ratings

KUALA LUMPUR, April 17 (Bernama) --  Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.

Seveno Capital Commits US$70 Mln To Advance Human Health Span Initiatives

KUALA LUMPUR, April 16 (Bernama) -- Venture capital fund, Seveno Capital has officially launched by making an inaugural investment in its mission to back early- and growth-stage ventures that have the holistic potential to extend the human health span.

Foreign Investors Pull US$5.87 Bln From Asian Markets

KUALA LUMPUR, April 14 (Bernama) -- Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.

Malaysia's IPI Rises 1.5 Pct Y-O-Y In February 2025 – DOSM

KUALA LUMPUR, April 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 1.5 per cent year-on-year in February 2025, driven by a rise in the manufacturing sector, according to the Statistics Department Malaysia (DOSM). 

Foreign Investors Pull RM31.68 Bln From Asian Markets, South Korea Sees Heaviest Selling

KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.

Trump’s Tariff Shock: Implications For Malaysia

By Yin Shao Loong

KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.

Ringgit Up 0.8 Pct Vs US Dollar In First Three Months Of 2025 -- MIDF

KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd. 

AM Best Affirms Strong Credit Ratings For Taiwan's Nan Shan General

KUALA LUMPUR, April 2 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.

Allianz Life Strengthens Gender Equality Efforts With #SheSecures

KUALA LUMPUR, March 27 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) is strengthening its commitment to empowering and uplifting women by broadening its reach in Malaysia through its exclusive women’s programme #SheSecures.

Gamuda Shares Rise On Robust Domestic Construction Growth

KUALA LUMPUR, March 27 (Bernama) -- Shares of Gamuda Bhd rose in early trade today, supported by stronger financial performance in the second quarter ended Jan 31, 2025 (2Q FY2025), driven by robust growth in domestic construction activities.

Gamuda Hits All-time High RM36 Bln Order Book In 2Q FY2025, Four-year Record Streak

KUALA LUMPUR, March 26 (Bernama) -- Gamuda Bhd has achieved an all-time high in its construction order book, recording RM36 billion for the second quarter of the financial year ending Jan 31, 2025 (2Q FY2025), breaking records for four consecutive years.

Kura Sushi Osaka Kansai Expo Store Set For Opening On April 13

KUALA LUMPUR, March 26 (Bernama) -- Kura Sushi Inc, one of the world’s most popular conveyor-belt sushi chains, has announced the opening of its largest-ever Kura Sushi restaurant with a strong focus on sustainability at the Future Life Zone of the Osaka-Kansai Expo on April 13.