Ringgit Opens Higher Against US Dollar On Improved Risk Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 25 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Wednesday, as risk sentiment improved following potential ceasefire talks between the United States and Iran.

ADB Rolls Out Financial Support Package Amid middle East Conflict 

KUALA LUMPUR, March 24 (Bernama) -- The Asian Development Bank (ADB) has rolled out a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting from the conflict in the Middle East.

OCR Unit To Dispose Of Shah Alam Land For RM45 Mln

KUALA LUMPUR, March 24 (Bernama) -- OCR Group Bhd’s indirect wholly owned subsidiary, OCR Avenue Sdn Bhd (OASB), has entered into a sale and purchase agreement with Magna Ecocity Sdn Bhd and Twinicon (M) Sdn Bhd.

Antidox Series Bags Dual Recognitions From ASEAN Records, ASIA Records

KUALA LUMPUR, March 24 (Bernama) -- Local anti-ageing skincare brand Antidox Series has been recognised by ASEAN Records and ASIA Records, according to the company.

Bursa Malaysia Ends Lower As West Asia De-escalation Hopes Fade

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia gave up early gains to end lower today as risk appetite waned as fading hopes of de-escalation in the West Asia conflict weighed on sentiment.

F&NHB Announces Leadership Transition, Appoints Tarang Gupta As CEO-designate

KUALA LUMPUR, March 24 (Bernama) -- Fraser & Neave Holdings (F&N) has appointed Tarang Gupta as chief executive officer (CEO) designate effective July 1, 2026.

AM Best Upgrades Long-Term Issuer Credit Rating Of Hanoi Re

KUALA LUMPUR, March 24 (Bernama) -- AM Best has upgraded Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).

Curia Expands Glasgow Facility, Enhances Biologics Platform

KUALA LUMPUR, March 24 (Bernama) -- Curia, a contract research, development and manufacturing organisation, announced progress on the expansion of its sterile drug product facility in Glasgow, United Kingdom, alongside enhancements to its proprietary cell line development (CLD) platform.

AM Best Affirms PVI Insurance’s Top-Tier Ratings

KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.

​AM Best Affirms Australia’s Pacific Credit Ratings 

KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Malaysia Must Emerge As A Credible Alternative As Investors Reassess Risk - Tengku Zafrul

KUALA LUMPUR, March 24 (Bernama) -- Malaysia must position itself as a credible and compelling alternative as global investors reassess risk amid the crisis in West Asia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

OSV Operators Set To Gain As Oil Firms Shift Focus From West Asia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.