Petronas Maintaining Operations In Canada
KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada.
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EPF Records Total Investment Income Of RM18.31 Bln For 1Q 2025
KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.
AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook
KUALA LUMPUR, June 3 (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 FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans
KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.
EDOTCO Partners Sitetracker To Modernise Tower Operations Across 9 Asian Markets
KUALA LUMPUR, June 3 (Bernama) -- EDOTCO Group, one of Asia’s leading digital connectivity infrastructure companies, has entered into a strategic partnership with United States-based Sitetracker Inc to enhance its field operations through digital transformation across nine Asian markets.
Thailand’s Asian Re Credit Ratings Upgraded - AM Best
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the long-term issuer credit rating to “bbb” (Good) from “bbb-” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).
Cyberwrite Chosen By Samsung Fire & Marine Insurance To Enhance Cyber Insurance Capabilities
KUALA LUMPUR, June 3 (Bernama) -- Cyberwrite has entered into a partnership with Samsung Fire & Marine Insurance (SFMI) to strengthen the insurer’s cyber insurance capabilities.
Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
Bursa Malaysia Likely To See Volatile Trading Next Week Pending Key Market Developments
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within a volatile range of 1,500 to 1,530 next week, pending the emergence of new market-moving developments.
FBM KLCI Futures Likely To Experience Volatile Week Amid Market Uncertainty
KUALA LUMPUR, May 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, which is expected to experience volatile trading next week amid ongoing market uncertainty.
Axiata Appoints Didi Syafruddin As Independent Non-Executive Director
KUALA LUMPUR, May 30 (Bernama) -- Axiata Group Bhd has appointed Didi Syafruddin Yahya as an independent non-executive director, effective June 1, 2025.
Proton Appoints Ainol Azmil As Covering Deputy CEO
KUALA LUMPUR, May 30 (Bernama) -- Proton Holdings Bhd (Proton) has announced the appointment of Ainol Azmil as covering deputy chief executive officer (CEO), effective June 10, 2025.