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AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.

Ringgit Rises Against US Dollar In Early Trading

By Siti Radziah Hamzah

KUALA LUMPUR, July 22 (Bernama) -- The ringgit appreciated against the US dollar in early trade, tracking US dollar softness as markets price in uncertainty ahead of the Aug 1 tariff decision by the United States (US).

Ringgit Extends Gains To Close Higher Amid Japan Political Uncertainty

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 21 (Bernama) -- The ringgit extended its gains against the US dollar at Monday’s close, as the greenback struggled to appreciate amid political uncertainties in Japan, said an analyst.

CAAM To Take Over Mavcom's Regulatory Functions From Aug 1, 2025

KUALA LUMPUR, July 21 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) will assume the Malaysian Aviation Commission's (Mavcom) regulatory functions and responsibilities within the civil aviation industry effective Aug 1, 2025.

MyCIF Surpasses RM 1 Bln Co-investment Mark 

KUALA LUMPUR, July 21 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF) total co-investments have reached RM1.19 billion as of end-2024 since its inception, with RM264 million invested in 2024 alone.

Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.

CBH Engineering Wins RM172 Mln Data Centre Substation Contract

KUALA LUMPUR, July 17 (Bernama) -- CBH Engineering Holding Bhd’s wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a contract to design and build an electrical supply system for a 275 kilovolt (kV)/13.8kV consumer substation for RM172 million.

DayOne Drives Digital Supply Chain Investments In Johor, Positions Malaysia As Regional Hub

ISKANDAR PUTERI, July 15 (Bernama) -- Global data centre operator DayOne is deepening its long-term commitment to Malaysia by positioning the country as a key hub in the regional digital supply chain, with major infrastructure and ecosystem investments centred in Johor.

MAHB Enhances KLIA T1 With RM30 Mln Upgrades To Improve Passenger Experience

SEPANG, July 15 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has invested RM30 million in the first half of 2025 to improve overall passenger experience and operational efficiency at Kuala Lumpur International Airport Terminal 1 (KLIA T1), marking the group’s first major airport upgrade since its privatisation in February.

Ringgit Eases Against US Dollar Amid Cautious Market Sentiment

KUALA LUMPUR, July 14 (Bernama) -- The ringgit closed easier against the US dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.

Bursa Opens Nearly Flat Amid Caution, Rebounds Later

KUALA LUMPUR, July 14 (Bernama) --  Bursa Malaysia opened nearly flat on Monday, taking a cue from Wall Street’s subdued close last week, as renewed protectionist trade rhetoric from Washington kept investors cautious.

US Tariffs Dominate ASEAN Talks As Leaders Rally Around Trade Unity

KUALA LUMPUR, July 12 (Bernama) -- As global trade tensions continue to rise, the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings wrapped up its four days of talks in Kuala Lumpur on Friday, July 11, with the United States’ (US) sweeping tariff hikes becoming a major talking point among regional leaders.