LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
KUALA LUMPUR, Sept 20 (Bernama) -- Input from discussions with international industry players on enhancing Kuala Lumpur’s competitiveness as an international financial centre and global business hub will be considered in the 2026 Budget, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.
KUALA LUMPUR, Sept 8 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has appointed Malaysian industry veteran Kelvin Ang as the new chief executive officer (CEO) of its life business in Malaysia.
KUALA LUMPUR, June 26 (Bernama) -- PricewaterhouseCoopers Malaysia Holdings Sdn Bhd’s (PwC Malaysia) entry into Tun Razak Exchange (TRX) as an anchor in a new building that is being developed positions Kuala Lumpur as a premier destination for global businesses.
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
KUALA LUMPUR, March 25 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has reaffirmed its commitment to Bank Negara Malaysia’s (BNM) interim measures despite recent reports that it is increasing health insurance premiums.
KUALA LUMPUR, March 24 (Bernama) -- Anti-money laundering and countering financial terrorism were among the most enforcement actions taken by Bank Negara Malaysia (BNM) in 2024, with total monetary penalties imposed on institutions amounting to RM18.9 million.
KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.
KUALA LUMPUR, March 20 (Bernama) -- Co-opbank Pertama (CBP) will continue to monitor its capital position and ensure that it remains at an optimal level to support its business expansion.
KUALA LUMPUR, Jan 27 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Madelena Mohamed as its assistant governor, overseeing the new strategy and sustainability sector, effective Feb 1, 2025.
KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.
