FBM KLCI Higher At Midday In Line With Most Regional Peers

By Zufazlin Binti Baharuddin

KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FBM KLCI remained in positive territory at midday in line with most regional peers.

AM Best Affirms Credit Ratings Of Taiping Reinsurance, Subsidiary

KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).

BHPetrol Engine Oil Awarded SIRIM Pure Product Certification

KUALA LUMPUR, Sept 22 (Bernama) -- Boustead Petroleum Marketing Sdn Bhd (BHPetrol) engine oil has officially received the SIRIM Pure Product Certification License from SIRIM QAS International, thus further strengthening the brand’s position in the national engine oil market.

Bursa Malaysia Starts Higher, FBM KLCI Climbs Above 1,600

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising above the key 1,600 level, buoyed by positive sentiment from Wall Street.

AM Best Affirms Top Ratings For Samsung Fire & Marine Insurance, Subsidiaries

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.

Malaysia Eyes Increasing Henan Flights In Bid To Boost Tourism, Investment

SEPANG, Sept 18 (Bernama) — Malaysia is looking at increasing the number of direct flights to and from Zhengzhou Xinzheng International Airport (CGO) in Henan, China, as part of efforts to enhance connectivity and boost tourism, trade and investment.

FBG To Raise Funds For Medi-City Project Via Rights Issue

KUALA LUMPUR, Sept 18 (Bernama) -- FBG Holdings Bhd, a turnkey contractor and property developer, has proposed to undertake a renounceable rights issue with warrants to raise funds for its flagship Medi-City project.

Malaysia, China Strengthen Cargo Partnership To Drive KLIA As Leading Regional Hub

SEPANG, Sept 18 (Bernama) — Malaysia and China are strengthening regional trade through a strategic cargo partnership that positions Kuala Lumpur International Airport (KLIA) as a leading regional hub to accelerate Malaysia’s economic growth.

Malaysia’s Property Outlook Remains Constructive In 2H 2025, Says HLIB

KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s property outlook for the second half of 2025 (2H 2025) remains constructive, with ample opportunities across multiple segments, according to Hong Leong Investment Bank Bhd (HLIB).

Profit-taking On Wall Street Weighs On Bursa Malaysia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking overnight Wall Street’s mixed close, where traders locked in profits after the United States (US) Federal Reserve’s (Fed) expected rate cut and outlook for more adjustments.

Bursa Malaysia Reprimands Ecobuilt, Fines Two Former Directors RM200,000 Each

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ecobuilt Holdings Bhd (ECOHLDS) and two of its former directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR). 

Bursa Breaks 1,600 Level As Investors Position Ahead Of Long Weekend

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.