29d ago
KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.
1m ago
KUALA LUMPUR, Nov 25 (Bernama) -- ASEAN+3 economies are showing stronger-than-expected resilience amid global fragmentation, with Malaysia among the strongest performers as growth, inflation, and domestic demand remain broadly stable, Bank Negara Malaysia (BNM) Deputy Governor Datuk Marzunisham Omar said.
1m ago
PETALING JAYA, Nov 25 (Bernama) -- The government is urging industries to fast-track their shift to artificial intelligence (AI)-driven business models, stressing that the next five years will be critical as the nation moves towards its 2030 goal.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded FSBM Holdings Bhd for breaching the Main Market Listing Requirements (Main LR) after the company submitted inaccurate financial results for its third and fourth quarters of the financial year ended Dec 31, 2024.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.
1m ago
KUALA LUMPUR, Nov 24 (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) for South Korea’s Meritz Fire & Marine Insurance Co Ltd (Meritz), with a stable outlook.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- The Finance Ministry (MoF) said Malaysia’s overall external debt risk remains manageable, supported by a favourable maturity and currency profile.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
1m ago
KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.
1m ago
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is progressing at a reasonable pace in implementing strategic and structural reforms to achieve the nation's aspiration of becoming a high-income and developed nation, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.