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AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 25 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), with a stable outlook.

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.

IJM: MACC Probe Does Not Involve Company; Limited To Individuals

KUALA LUMPUR, March 24 (Bernama)-- IJM Corp Bhd said that it has received a letter from the Malaysian Anti-Corruption Commission (MACC) confirming that an ongoing investigation is not related to the company as an entity. 

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).

​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.

China Taiping Insurance (Macau) Affirmed Excellent Ratings By AM Best

KUALA LUMPUR, March 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 China Taiping Insurance (Macau) Company Limited (CTIM), with a stable outlook.

Dmitry Shubov: AI Lock-in Risk Rises For Southeast Asia Legal-Tech

KUALA LUMPUR, March 24 (Bernama) -- Southeast Asian legal-tech startups targeting United States (US) expansion face mounting compliance and commercial risks as governments and enterprise buyers increasingly favour region-specific artificial intelligence (AI) platforms, in line with projections from Gartner.

Industry Confident PTV 3.0 Insurance Uptake Will Continue After Campaign Ends

By K. Naveen Prabu

KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.

Foreign Investors Record US$12.13 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, March 24 (Bernama) -- Foreign investors extended a five-week streak of net selling across eight Asian markets, with net outflows totalling US$12.13 billion, according to MBSB Investment Bank Bhd.

“Force Majeure” And Its Economic Impact

By Saraswathi Muniappan

KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract. 

Social Media Sparks Rapid Growth In Malaysia’s “Durian Tourism”

KUALA LUMPUR, March 20 (Bernama) — Malaysia has seen a growing “durian tourism” trend, with international visitors, particularly those from China, increasingly building short breaks and day trips around peak durian seasons and well-known producing areas, which appeal is both culinary and experiential.

RWG Spreads Festive Joy With "Jom Raya Kaw Kaw 2026" Campaign

KUALA LUMPUR, March 19 (Bernama) -- Resorts World Genting (RWG) is bringing extra festive cheer to this year’s Hari Raya Aidilfitri with its “Jom Raya Kaw Kaw 2026” campaign, set to run from March 13 to April 12, offering a vibrant lineup of activities for families and visitors.