13d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
13d ago
KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).
13d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.
13d ago
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday, tracking weaker regional markets and a softer overnight performance on Wall Street.
14d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Airports, regulations and infrastructure across the region must evolve rapidly to keep pace with surging air travel demand, with ASEAN expected to emerge as the world’s third-largest economy in the next decade, Malaysia Aviation Group (MAG) said.
14d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 15 (Bernama) -- Small and medium enterprises (SMEs), regarded as the backbone of the economy, progressed further this year, buttressed by a more stable economic environment and a gradual recovery in domestic demand, which boosted sales and business confidence across the sector.
14d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 15 (Bernama) -- The energy transition, including the development of sustainable aviation fuel (SAF), should be treated as an economic growth strategy by Asia-Pacific governments rather than an aviation-specific issue, according to the International Air Transport Association (IATA).
15d ago
KUALA LUMPUR, Dec 14 (Bernama) -- The outlook for the adoption of environmental, social and governance (ESG) standards by companies in Malaysia looks highly positive next year due largely to practical policy initiatives unveiled this year, such as the carbon tax, increased ESG reporting and scaling up sustainability initiatives.
15d ago
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.
17d ago
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).
17d ago
KUALA LUMPUR, Dec 12 (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 China’s Qianhai Reinsurance Co Ltd (QHR).
17d ago
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).