10m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.
10m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist.
10m ago
TELUK INTAN, Feb 18 (Bernama) -- A total of 24,700 taxpayers have used the e-invoicing system, with about 173 million e-invoices having been issued as of Feb 13.
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KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
10m ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit ended higher against the US dollar, fueled by continued expectation that the US Federal Reserve (Fed) will cut interest rates.
10m ago
KUALA LUMPUR, Feb 17 (Bernama) -- The government is constantly evaluating and improving the implementation of government projects, including the public-private partnership projects, said Deputy Finance Minister Lim Hui Ying.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
10m ago
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
10m ago
KUALA LUMPUR, Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
11m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- The uncertainty in the global economy following US President Donald Trump’s tariff hikes on Canada, Mexico and China presents an opportunity for Malaysia to accelerate economic reforms, Economy Minister Datuk Seri Rafizi Ramli said.