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Ringgit Eases Slightly Against Greenback Ahead Of BNM’s OPR Decision

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- The ringgit ended slightly lower against the US dollar at Wednesday’s close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow, said an analyst.

SMEs In Singapore Show Strong Interest In JS-SEZ – Malaysian Envoy

SINGAPORE, May 6 (Bernama) -- There is strong interest among Singaporean small and medium enterprises (SMEs) in the Johor-Singapore Special Economic Zone (JS-SEZ), with many exploring relocation opportunities, according to Malaysia’s High Commissioner to Singapore, Datuk Dr Azfar Mohamad Mustafar.

Japan To Lead High-Powered Delegation To Malaysia Next Week To Deepen Green Energy Cooperation

KUALA LUMPUR, May 2 (Bernama) -- Japan will lead a high-powered delegation to Malaysia next week to discuss deepening cooperation in the Asia Zero Emission Community (AZEC) to achieve decarbonisation, economic growth and energy security.

US Tariff Hikes Have Limited Global GDP Impact Outside APAC, Says S&P Global Ratings

KUALA LUMPUR, May 2 (Bernama) -- Global economic growth remains resilient despite the recent United States (US) tariff hike, with limited gross domestic product (GDP) impact outside the Asia-Pacific (APAC) region, S&P Global Ratings said.

Tower’s Credit Ratings Affirmed By AM Best

KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.

Taiwanese Shinkong Insurance Receives Credit Rating Boost From AM Best 

KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).

Amir Hamzah: ASEAN’s Neutrality Works

KUALA LUMPUR, April 26 (Bernama) -- ASEAN has consistently maintained a neutral stance in its relations with both the United States (US) and China, and this remains central to the region’s diplomatic approach, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

JV New Energy Transition, Sustainability Projects In Malaysia Model Examples - Japanese Ambassador

KUALA LUMPUR, April 25 (Bernama) -- Joint-venture new energy transition and sustainability projects in Malaysia will become model examples for the rest of Asia and beyond, said Japanese Ambassador to Malaysia, Noriyuki Shikata.

Neutral Stance On Banking Sector Even As Earnings Moderate -- AmInvestment Bank

KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.

Tariffs: MITI Committed To Finding Best Solution For Malaysia -- Tengku Zafrul

KUALA LUMPUR, April 23 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to seeking the best solution regarding retaliatory tariffs for mutual benefit, said its Minister Tengku Datuk Seri Zafrul Abdul Aziz, who is currently in Washington, United States of America (US).

3Degrees Welcomes Philippe Vedrenne As CEO Starting May 

KUALA LUMPUR, April 23 (Bernama) -- Global climate solutions provider, 3Degrees has announced the appointment of Philippe Vedrenne as its new Chief Executive Officer (CEO), effective May 1.

US Solar Duties Threaten Malaysia's Role In Global Clean Energy Supply Chain - FMM

By Anas Abu Hassan

KUALA LUMPUR, April 23 (Bernama) -- The imposition of United States (US) duties on solar panels from Southeast Asia will have far-reaching implications on the manufacturing base across the region, according to the Federation of Malaysian Manufacturers (FMM).