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AM Best Affirms Excellent Credit Ratings For Marble Reinsurance

KUALA LUMPUR, Oct 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Micronesia’s Marble Reinsurance Corporation (Marble Re), maintaining a stable outlook.

MIDA Secures RM7.3 Bln Potential Green Investments At IGEM 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM7.3 billion potential green investments during the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2025.

BUDI95: 300 Litres Sufficient For Normal Use -- Treasury Sec-gen

PUTRAJAYA, Oct 19 (Bernama) -- Based on the government data, the 300-litre petrol subsidy quota provided under the BUDI MADANI RON95 (BUDI95) programme is sufficient for normal personal use, said Treasury secretary-general Datuk Johan Mahmood Merican.

IGEM 2025 And KLSS Strengthen Malaysia's Position To Lead ASEAN’s Green Agenda 

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia is strengthening ASEAN’s collective climate ambition by placing sustainability and climate action at the core of its regional agenda as the ASEAN chair in 2025.

Shipbuilding & Ship Repair Sector Draws Over RM1 Bln Investments From 2021 To Mid-2025 - MITI

KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.

PMB Investment Declares 1.56 Sen Per Unit Distribution For PMB Dana Bestari

KUALA LUMPUR, Oct 16 (Bernama) -- PMB Investment Bhd, an Islamic fund management company (IFMC) under Pelaburan MARA Bhd, has declared an income distribution of 1.56 sen per unit, amounting to a total gross distribution of RM3,210,618.35 for the PMB Dana Bestari for the financial year ended Sept 30, 2025.

Prudential Syariah Drives Inclusive Growth In Indonesia’s Takaful Market

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 15 (Bernama) -- The takaful scene in Malaysia and Indonesia is on a steady rise, with analysts projecting the market to soar to US$5.4 billion (US$1=RM4.22) by 2033 -- a sign that demand for Shariah-compliant protection is no longer niche, but mainstream.

Budget 2026 Showcases Govt’s Commitment To Empower Youth Through Economic Initiatives

KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2026 reflects the government’s commitment to introducing new economic approaches and initiatives designed to empower the people, particularly the younger generation, said political secretary to the Finance Minister, Muhammad Kamil Abdul Munim. 

Bioeconomy Corporation, UMK To Boost Kelantan's Bio-based Talents, Entrepreneurs

BACHOK, Oct 14 (Bernama) – Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation) has signed a memorandum of understanding (MoU) with Universiti Malaysia Kelantan (UMK) to strengthen collaboration to nurture bio-based talent and entrepreneurs.

Increase In STR, SARA Allocations Proves Govt's Commitment To Strengthen Social Safety Net -- MoF

KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).

BMI Expects Malaysia’s Budget Deficit To Narrow To 3.6 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026,  broadly in line with the government’s fiscal projections.

Over 10,000 Receive MARiiCas Electric Motorcycle Rebates – MITI

KUALA LUMPUR, Oct 13 (Bernama) -- A total of 10,600 applicants, representing 87.2 per cent of the target group under the Electric Motorcycle Usage Incentive Scheme (MARiiCAS), have successfully purchased electric motorcycles with rebates as of Oct 8, the Ministry of Investment, Trade and Industry (MITI) said.