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AM Best Rates Excellent Credit Ratings For Hong Kong’s SAIC Captive

KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).

Weststar Maxus, Yinson Greentech Ink Deal For 300 Electric Commercial Vans

KUALA LUMPUR, June 11 (Bernama) -- Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today signed a strategic agreement for the procurement of 300 units of the Maxus eDeliver 5 electric commercial van.

BizMatch Tokyo Has Potential To Generate Deals Worth RM500 Mln - Sim

KUALA LUMPUR, June 11 (Bernama) -- The Bank Rakyat BizMatch: Make Malaysian Businesses Great programme, which is being held in Tokyo, Japan, in conjunction with the Nikkei Forum: Future of Asia 2026, is expected to generate business deals worth more than RM500 million in the next 12 months.

Boost Grassroot Level Preparations For El-Nino Phenomenon --Anwar

KUALA LUMPUR, June 11 (Bernama) – Being prepared at the grassroots level for the El Niño phenomenon needs to be strengthened as preventive measures and early groundwork are the best defence against the increasingly unpredictable impacts of extreme weather.

MPRC Should Be Lead Agency For Malaysia's OGSE Sector - Akmal Nasrullah

KUALA LUMPUR, June 11 (Bernama) — The Malaysia Petroleum Resources Corporation (MPRC) should serve as the lead agency for Malaysia’s oil and gas services and equipment (OGSE) sector in building company capabilities, expanding market access, and converting international opportunities into effective business outcomes.

Bursa Malaysia Posts Slight Gains At Close On Selective Buying

By Harizah Hanim Mohamed

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia ended marginally higher after trading within a narrow range, supported by selective buying that offset profit-taking activities.

Mavenir, O2 Trial Technology To Improve Calls For People With Hearing Loss

KUALA LUMPUR, June 11 (Bernama) -- Mavenir has partnered with Virgin Media O2 on a proof-of-concept trial of network-based technology designed to improve phone call clarity for people with hearing loss, with nearly 90 per cent of participants reporting clearer calls.

Malaysia’s Stock Market Remains Competitive, Resilient Amid Global Headwinds -- Akmal Nasrullah

KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s stock market remains resilient and competitive amid global supply chain and geopolitical headwinds, said Economy Minister Akmal Nasrullah Mohd Nasir.

PM Anwar's Visit Opens New Chapter In Malaysia-Japan Tech, Energy Ties

TOKYO, June 11 (Bernama) -- Malaysia and Japan have agreed to strengthen strategic cooperation in semiconductors, artificial intelligence (AI) and energy security, as Malaysia continues its efforts to position itself as a regional hub for advanced technologies and high-value manufacturing.

PM Anwar's Credibility Attracts Japanese Investors - Bank Rakyat Chairman

KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim’s credibility and leadership continue to be key factors in boosting foreign investor confidence, particularly from Japan, in the country’s economic prospects during his official visit to Japan, said Bank Rakyat chairman Datuk Mohd Irwan Mohd Mubarak.

Govt Measures To Safeguard Fuel, Supply Chains Support Production Activities -- Apex Securities

KUALA LUMPUR, June 11 (Bernama) -- Government measures to safeguard fuel and supply chains could support production activities in the near term, said Apex Securities Bhd.

MDEC CEO: Use AI To Think Better, Not Think For You

KUALA LUMPUR, June 11 (Bernama) -- Business owners should use artificial intelligence (AI) to support their work but must never outsource their thinking or final judgement to it, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO), Anuar Fariz Fadzil.