4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).
4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Kenanga Research has revised its forecast for Malaysia’s gross domestic product (GDP) growth in the fourth quarter of 2025 to 5.0 per cent, higher than its earlier estimate of 4.0 per cent.
4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Mahathir Nor Ismail as senior chief network officer (SCNO) and Datuk Muhamad Nazri Pazil as senior chief strategy and sustainability officer (SCSSO), effective Jan 1, 2026, following the creation of the two senior leadership roles.
4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.
4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
4d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 22 (Bernama) -- Saudia Airlines is exploring opportunities to increase flight frequencies between Kuala Lumpur International Airport (KLIA) and key Saudi Arabian destinations in 2026, as Malaysia strengthens its role as a strategic growth and feeder market in the airline’s Asia-Pacific (APAC) expansion strategy.
4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Bank Islam Malaysia Bhd has been recognised on the Environmental, Social and Governance (ESG) Select List 2025 by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), earning a 2-Star Lister distinction for its exemplary achievements across the North Star ESG Target Setting, Future-Fit and Responsible Workforce categories.
4d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Monday as investors engaged in profit-taking in heavyweight stocks following the index’s recent strong performance despite a positive close on Wall Street.
5d ago
KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.
6d ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 20 (Bernama) -- The International Monetary Fund’s (IMF) assessment on Malaysia's economy shows that the country's prudent macroeconomic and financial policies have played a critical role in anchoring growth, economists said.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.
7d ago
KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.