AM Best Affirms Strong Credit Ratings For Bermuda's INPEX Insurance

KUALA LUMPUR, Sept 2 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Bermuda’s INPEX Insurance Ltd (IIL), with a stable outlook.

KLIA To Commence Vehicle Access Management System Trial Run Starting Sept 1

KUALA LUMPUR, Aug 30 (Bernama) -- KL International Airport (KLIA) will commence a trial run of its new Vehicle Access Management System (VAMS) to improve kerbside traffic flow and provide smoother access to the terminals.

Bursa Malaysia Ends Lower On Profit-taking Ahead Of Long Weekend

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia close lower today as investors locked in profits ahead of the long weekend and the release of US inflation data later tonight, said an analyst.

Bursa Malaysia Opens Lower On Profit-Taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia retreated in early trade due to profit-taking amid a lack of fresh local catalysts, despite the positive performance on Wall Street overnight.

TNB Drives Nation-Building And Empowers Communities, 1H Results Reward Shareholders With RM1.5 Bln Dividends

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.

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

Toshiba Launches 650V 3rd-generation SiC MOSFETs For High-efficiency Industrial Power

KUALA LUMPUR, Aug 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has introduced three 650-volt (V) silicon carbide (SiC) MOSFETs, equipped with its latest third-generation SiC chips and housed in surface-mount TOLL packages.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Boyd Unveils Plug-And-Play Tool To Speed Up Liquid-Cooled Data Centre Deployment

KUALA LUMPUR, Aug 28 (Bernama) -- Boyd has introduced a new thermal testing tool, the Rack Emulator, aimed at enabling safer and more efficient deployment of liquid-cooled data centres, particularly for artificial intelligence (AI) infrastructure.

Bursa Malaysia Opens Higher, Tracks Wall Street Gains

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.