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Airwallex Secures CMS Licence, Launches Investment Product For Singapore Businesses

KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.

AM Best Affirms South Korea’s Hanwha General Insurance Credit Ratings

KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Bursa Malaysia Ends Lower As Investors Await US Tariff Outcome, Policy Clarity

By Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia closed in the red on Friday after two consecutive sessions of gains as investors pocketed some profit while adopting a wait-and-see stance amid ongoing negotiations between Malaysia and the United States to secure a 20 per cent tariff rate.

AKWEL Sees Modest Turnover Dip Amid Market Headwinds

KUALA LUMPUR, July 25 (Bernama) -- AKWEL, a key player in the manufacturing of parts and systems for the automotive and heavy-vehicle sectors, has reported a first-half 2025 turnover of 510.6 million euros, marking a 3.4 per cent decline compared to the same period in 2024. (1 Euro = RM4.94)

Malaysia’s Straits Orthopaedics Acquires US Firm Medin Technologies 

KUALA LUMPUR, July 25 (Bernama) -- Straits Orthopaedics (Mfg) Sdn Bhd (Straits), a Malaysian-based contract manufacturer specialising in orthopaedic implants and surgical instruments, has acquired Medin Technologies Inc (Medin).

Mary Kay Goes Electric: Iconic Pink Cadillac Gets A Bold EV Makeover

KUALA LUMPUR, July 25 (Bernama) -- Mary Kay Inc, a global leader in the cosmetics industry, has unveiled the first-ever all-electric version of its iconic pink Cadillac, marking a significant milestone in the brand’s commitment to sustainability and innovation.

Malaysia Should Focus On Specific Semiconductor Niche To Stand Out In ASEAN - Industry Player

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 24 (Bernama) -- Malaysia should choose a specific sector within the semiconductor industry to focus on and strive to become a leader in that niche, setting itself apart from other ASEAN countries, said Basementality Sdn Bhd spot procurement manager Kirill Korbout.

Bosch Appoints Darren Chan As Managing Director For Malaysia

KUALA LUMPUR, July 24 (Bernama) -- Bosch has appointed Darren Chan Chon Hoe as managing director of Bosch Malaysia, the first Malaysian to assume that position, effective July 1, 2025.

Wasco Empowers SMEs On ESG Readiness Ahead Of NSRF Rollout

KUALA LUMPUR, July 23 (Bernama) -- Wasco Bhd is taking early steps to support small and medium-sized enterprises (SMEs) in its supply chain as Malaysia prepares for mandatory environmental, social and governance (ESG) disclosures under the National Sustainability Reporting Framework (NSRF).

ASEAN+3 Growth Forecast Trimmed Amid Tariff Risks, But Outlook Seen Remaining Resilient

By Nur Ashikin Abdul Aziz

SINGAPORE, July 23 (Bernama) -- The ASEAN+3 region is projected to grow at 3.8 per cent in 2025 and 3.6 per cent in 2026, according to the latest ASEAN+3 Regional Economic Outlook (AREO) quarterly update by the ASEAN+3 Macroeconomic Research Office (AMRO).

Selective Accumulation Lifts Bursa Malaysia At Opening

By Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened marginally higher today, supported by value-seeking investors engaging in selective accumulation.

Uni-Fuels Raises US$3 Mln In Oversubscribed Digital CP Debut Via ADDX

KUALA LUMPUR, July 22 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a marine fuel solutions provider, announced its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has successfully completed its first commercial paper (CP) issuance, raising US$3 million via the digital private market platform ADDX. (US$1=RM4.22)