4m ago
By Anas Abu Hassan
KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia’s chairmanship of ASEAN this year has reinforced the region’s unity amid global uncertainties and enhanced the country’s profile as a competitive investment destination in Southeast Asia, European Union (EU)-ASEAN Business Council executive director Chris Humphrey said.
4m ago
KUALA LUMPUR, Sept 22 (Bernama) -- Solarvest Holdings Bhd has signed a joint investment framework agreement with Brookfield CTF Asia Holdings Pte Ltd (BF) to develop, construct and operate at least 1.5 gigawatts (GW) of utility-scale solar and battery energy storage projects in Malaysia.
4m ago
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
4m ago
By K. Naveen Prabu
KUALA LUMPUR, Sept 18 (Bernama) -- Halal Development Corporation Bhd (HDC) today announced the expansion of Malaysian financial technology (fintech) firm BerryPay (M) Sdn Bhd into the Algerian market through a partnership with DIGITEC, a subsidiary of Algeria’s ABD Invest Group.
4m ago
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Fitters Diversified Bhd and its five directors for breaching the Main Market Listing Requirements (Main LR).
5m ago
KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.
5m ago
KUALA LUMPUR, Sept 10 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised its 2025 projection for the 10-year Malaysian Government Securities (MGS) yield to end the year at around 3.40 per cent, following the recent overnight policy rate (OPR) cut.
5m ago
KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.
5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first half of the financial year ending Dec 31, 2025 (1H 2025), reaffirming its focus in advancing its role in nation-building and community support while delivering sustainable returns to shareholders.
5m ago
KUALA LUMPUR, Aug 27 (Bernama) -- KLCC Property Holdings Bhd (KLCCP) posted a higher net profit of RM200.45 million in the second quarter ended June 30, 2025 (2Q 2025) compared to RM191.06 million in the same period a year ago.
5m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia has secured RM190.3 billion in approved investments in the first half of 2025 (1H 2025), an 18.7 per cent increase year-on-year (y-o-y), according to Malaysian Investment Development Authority (MIDA).
5m ago
KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.