KUALA LUMPUR, Nov 7 (Bernama) -- AM Best has assigned a financial strength rating of B+ (Good) and a long-term issuer credit rating of “bbb-” (Good) to Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re).
KUALA LUMPUR, Nov 7 (Bernama) -- Global video game commerce company, Xsolla has expanded its financial technology (fintech) ecosystem with a suite of proprietary payment methods ahead of the year-end holiday sales season.
From Amanina Mohamad Yusof
SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).
KAPIT, Nov 6 (Bernama) -- The planting of Ensurai trees along the riverbanks in the Kapit Division is one of the projects proposed as Sarawak enters its second and final phase of the Post-COVID-19 Development Strategy 2030 (PCDS 2030), marked by the beginning of the 13th Malaysia Plan (13MP) next year.
By Thivyamalini Ramalu
CYBERJAYA, Nov 6 (Bernama) -- The launch of the Integrated Circuit (IC) Design Park 2 in Cyberjaya marks a major step forward in Malaysia’s bid to strengthen its position in the global semiconductor industry and develop a new generation of highly skilled engineers.
KUALA LUMPUR, Nov 6 (Bernama) -- MyTech Group Bhd has undertaken a proposed diversification of its existing business and that of its subsidiaries (group) to include moneylending activities.
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Islam Malaysia Bhd has inked a memorandum of understanding (MoU) with Pengurusan Aset Air Bhd (PAAB) to provide RM100 million financing to PAAB contractors in 2026.
From Amanina Mohamad Yusof
SHANGHAI, Nov 6 (Bernama) -- The Rural and Regional Development Ministry has targeted RM150 million in sales at the Malaysia International Halal Showcase (MIHAS) in Shanghai (MIHAS@Shanghai) 2025 through the participation of 16 rural entrepreneurs/companies under its wing.
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Nov 6 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
CYBERJAYA, Nov 6 (Bernama) -- Malaysia’s success in developing the semiconductor industry hinges on the nation’s ability to create a highly skilled local talent pool that can meet the requirements of global investors, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.
