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KUALA LUMPUR, April 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) of The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
KUALA LUMPUR, April 24 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit rating (ICR) of “a+” (Excellent) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance), with a stable outlook.
KUALA LUMPUR, April 24 (Bernama) -- Petra Energy Bhd’s (PEB) wholly-owned subsidiary, Petra Energy Development Sdn Bhd (PEDSB), has secured a field operations management services contract from Vestigo Petroleum Sdn Bhd for the SK407 production sharing contract (PSC) located offshore Miri, Sarawak.
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session slightly higher, supported by sustained buying interest in heavyweights, particularly in the industrial products, utilities and banking stocks.
KUALA LUMPUR, April 22 (Bernama) -- Malaysia is emerging as a key investment destination in Southeast Asia (SEA), as capital shifts towards regions capable of delivering immediate or near-term energy production to offset potential supply disruptions, MBSB Investment Bank Bhd said.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened higher today on improved sentiment amid possible renegotiations between the United States and Iran despite Wall Street closing lower overnight.
KUALA LUMPUR, April 21 (Bernama) -- The government’s RM5 billion financial guarantee initiative for the micro, small and medium enterprises (MSMEs) is expected to provide a significant boost to sector, particularly exporters, by strengthening their working capital and sustaining trade momentum amid current cost pressures.
KUALA LUMPUR, April 21 (Bernama) -- ASEAN must reposition itself as the “indispensable middle” in an increasingly fragmented global order while accelerating regional integration and strengthening its economic fundamentals to remain competitive amid intensifying global uncertainties, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, April 20 (Bernama) -- Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary, Lotte Chemical Titan (M) Sdn Bhd (LCTM), and its Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), have entered into a contract for the sale of naphtha worth US$25.29 million (US$1=RM3.90).
KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious despite last Friday’s gains on Wall Street amid protracted West Asia uncertainties.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia turned higher at midday, lifted by the Department of Statistics Malaysia’s (DOSM) advance estimates showing that the economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026).
