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AM Best Affirms Vietnam National Reinsurance Corporation Credit Ratings 

KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.

Affin Gets A3 Rating With Stable Outlook From Moody's

KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.

Malakoff Issues RM250 Mln ASEAN Sustainability SRI Sukuk Murabahah

KUALA LUMPUR, May 6 (Bernama) -- Malakoff Corporation Bhd’s (Malakoff) wholly-owned subsidiary, Malakoff Power Bhd (MPower), has successfully issued its inaugural RM250 million ASEAN Sustainability Sustainable and Responsible Investment (SRI) Sukuk Murabahah under its RM1.2 billion Islamic Medium-Term Notes Programme (IMTN).

Malaysia Set To Outperform Peers Despite Global Headwinds -- Moody's Ratings

KUALA LUMPUR, May 5 (Bernama) --  Malaysia’s economy is expected to remain resilient and outperform its A-rated peers despite mounting global uncertainties driven by trade tensions, said Moody’s Ratings.

MARC Projects Malaysia's 1Q GDP Growth At 4.4 Pct

KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s economy is anticipated to moderate to 4.4 per cent in the first quarter of 2025 (1Q2025), from 5.0 per cent in the previous quarter, according to the Malaysian Rating Corp Bhd (MARC).

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.

Labuan IBFC Strengthens Financial Ecosystem Through Legal Reform, Global Reallignment

KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) is strengthening its position as a future-ready financial hub by anchoring its growth agenda on sweeping legal reforms, emerging global trade dynamics, and an enhanced regulatory ecosystem. 

Sime Darby Property Issues RM800 Mln Sukuk Musharakah

KUALA LUMPUR, April 29 (Bernama) -- Sime Darby Property Bhd has successfully issued RM800 million under the third issuance of the sukuk musharakah programme.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

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.

GCCA Unveils Maiden Carbon Rating System For Cement And Concrete

KUALA LUMPUR, April 28 (Bernama) -- The Global Cement and Concrete Association (GCCA) has launched Low Carbon Ratings (LCR) for Cement and Concrete, a first-of-its-kind transparent global rating system that will enable cement and concrete to be identified based on their carbon footprints.

China’s TMNCH Credit Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).