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Majority Of Local Banks Hold Above-Average ESG Ratings

KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.

Malaysia Can Get Positive Ratings If Fiscal Outperformance Sustains Into 2025 - Maybank Research

KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025. 

Fidelity Life Assurance Secures Excellent Credit Ratings - AM Best

KUALA LUMPUR, March 7 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).

Malaysian Banks To See Moderate Profit Growth In 2025 On Steady Loan Expansion -- RAM Ratings

KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.

Toshiba Unveils Gate Driver Photocoupler With Enhanced Safety Functions

KUALA LUMPUR, March 6 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched a gate driver photocoupler, “TLP5814H”, in a small size SO8L package that incorporates an active Miller clamp function for driving silicon carbide (SiC) MOSFETs.

Islamic Finance To Grow, Sukuk Issuance To Ease In 2025 - Moody's

KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.

Midea Malaysia Eyes RM1 Bln Sales In 2025 As Demand For Smart, Energy-efficient Appliances Surges

BENTONG, March 3 (Bernama) -- Midea Scott and English Electronics Sdn Bhd (Midea Malaysia) is targeting RM1 billion in sales this year to sustain its double-digit growth momentum as demand for energy-efficient appliances surges.

KPJ Shares Rise 19 Sen At Mid-morning After Reporting Strong Results

KUALA LUMPUR, March 3 (Bernama) -- KPJ Healthcare Bhd shares were up at mid-morning today after the company reported a stellar performance for the financial year ended Dec 31, 2024 (FY2024). 

Hytera To Unveil 5G Mission-critical Smart Device At MWC25 Next Month

KUALA LUMPUR, Feb 25 (Bernama) -- Hytera Communications, a professional communications technologies and solutions global provider, will debut its latest innovation, the PNC660 5G mission-critical ruggedised smart device, at the Mobile World Congress (MWC25) in Barcelona from March 3 to 6.

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

Toshiba Unveils Faster Photorelays With Smaller Package 

KUALA LUMPUR, Feb 20 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched "TLP3414S” and “TLP3431S" photorelays housed in the S-VSON4T package that feature a faster turn-on time compared to its current products.