KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst.
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.
KUALA LUMPUR, March 20 (Bernama) -- The Islamic Capital Market (ICM) continues to play a significant role, accounting for 63.04 per cent of the overall capital market.
KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.
KUALA LUMPUR, March 17 (Bernama) -- The Housing and Local Government Ministry is targeting to generate RM180 billion property sales across all sectors this year, said its minister Nga Kor Ming.
KUALA LUMPUR, March 12 (Bernama) -- IJM Corporation Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London’s central business district and a prime commercial property in its financial core.
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.
KUALA LUMPUR, March 11 (Bernama) -- The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
