1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- Kota Kinabalu International Airport (KKIA) and Langkawi International Airport (LIA) have achieved Airport Carbon Accreditation (ACA) Level 1 Mapping by the Airports Council International (ACI), recognising their commitment to carbon management and environmental sustainability.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.
1y ago
KUALA LUMPUR, Dec 3 -- The first comprehensive Free Trade Agreement (FTA) between Malaysia and the United Kingdom (UK), through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will boost trade and investment relations between both countries.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- AEON Co (M) Bhd has launched the #AEONResponsible Suppliers Programme to empower supplier to enhance their environmental, social, and governance (ESG) practices through resources, capacity-building, and financial incentives.
1y ago
By M. Saraswathi
KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) – Malaysia is seen leveraging its role as ASEAN Chair in 2025 to maintain its economic stability and position itself as a key regional player amid global economic uncertainties stemming from US President-elect Donald Trump’s policies.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Demand for Sunway Bhd’s shares remained limited in early trade today despite its strong earnings growth recorded in the third quarter of financial year 2024 (3Q FY2024) earnings growth.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.