AM Best Affirms Mongolian Re Credit Ratings

KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).

AM Best Affirms Excellent Ratings For Hong Kong’s China Taiping Insurance

KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s China Taiping Insurance (HK) Company Limited [CTPI (HK)] financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Cushman & Wakefield, BHP Extend Global Contract

KUALA LUMPUR, Dec 4 (Bernama) -- Cushman & Wakefield, a global real estate services firm, announced its Global Occupier Services (GOS) team has secured an off-market contract extension with BHP, one of the world’s leading resources companies.

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.

Identis Debuts At Trustech, Marking Matica Group’s Evolution

KUALA LUMPUR, Dec 2 (Bernama) -- Identis, a global leader in secure identity and payment technologies, officially made its global debut, marking the evolution of the Matica Group and combining decades of experience with a renewed vision for the digital era.

Govt To Build Ecosystem For Industries To Innovate, Thrive In Digital Era -- Gobind

KUALA LUMPUR, Dec 2 (Bernama) -- The government has the responsibility to build an ecosystem that enables industries to innovate and thrive in this digital era, said Minister of Digital Gobind Singh Deo.

Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

Malaysia Not Obligated Under ART To Fulfil US$240 Bln In Commercial Commitments Or Invest US$70 Bln In US -- MITI

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia is not obligated to carry out US$240 billion in commercial purchases or US$70 billion in investments in the United States under the Agreement on Reciprocal Trade (ART), said the Ministry of Investment, Trade and Industry (MITI).

Strong Industrial Base Driving Penang’s Rise In Renewable Energy – MPSEA

By Farhana Poniman

GEORGE TOWN, Nov 30 (Bernama) — Penang is on track to become one of Malaysia’s leading states in renewable energy adoption, particularly in solar power, driven by its robust industrial base and rising sustainability awareness.

Mercedes-AMG Petronas Sees AI Garage Transformation Ahead Of 2026 Shift

KUALA LUMPUR, Nov 29 (Bernama) -- As Formula One (F1) prepares for one of its biggest technical overhauls in 2026, the Mercedes-AMG PETRONAS F1 Team is turning to artificial intelligence (AI) to reshape how its garage operates, a shift it believes will define the next era of race-weekend performance.