| LATEST NEWS | JHEV allocates RM8 million for construction and repairs of MAF veterans’ homes this year - Adly Zahari | JHEV allocates RM8 million for construction and repairs of MAF veterans’ homes this year - Adly Zahari | |
KUALA LUMPUR, July 30 (Bernama) -- Global credit rating agency, AM Best is maintaining its stable outlook on Vietnam’s non-life insurance segment, supported by structural economic advantages and strong demand across core insurance lines.
KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
FRANKFURT, July 24 (Bernama-dpa) -- The European Central Bank (ECB) is set to decide on interest rates in the eurozone on Thursday afternoon, reported German news agency dpa.
KUALA LUMPUR, July 23 (Bernama) -- The latest data showed that over 8.5 million Sumbangan Tunai Rahmah (STR) recipients have been registered, and RM4 billion in cash aid disbursed through the initiative’s Phase 1 and 2 payments, said the Ministry of Finance (MOF).
KUALA LUMPUR, July 23 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.
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.
KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good), a long-term issuer credit rating of “bbb” (Good) and a Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to Military Insurance Corporation (MIC).
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Bill 2025 was passed in the Dewan Rakyat today to protect the interests of credit consumers in the country.
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Commission (CCC) will implement a comprehensive and sustainable regulatory framework for the “buy now, pay later” (BNPL) scheme to ensure the public does not fall into debt traps or face a rise in bankruptcy cases.
KUALA LUMPUR, July 21 (Bernama) -- The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, according to Member of Parliament (MP) Sim Tze Tzin (PH-Bayan Baru).
KUALA LUMPUR, July 21 (Bernama) -- The volume of “buy now, pay later” (BNPL) transactions has increased from 83.8 million in the second half (2H) of 2024 to 102.6 million in the first half (1H) of this year.
