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AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

Coastal Among Top Gainers After Clinching RM4.64 Bln Mexico Gas Project

KUALA LUMPUR, Dec 22 (Bernama) -- Coastal Contracts Bhd emerged among the top gainers at midmorning today after securing a RM4.64 billion gas processing contract in Mexico through a consortium led by its Mexican joint venture company, Coastoil Dynamic SA de CV.

Kenanga Raises Malaysia’s 4Q 2025 GDP Growth Forecast To 5.0 Pct

KUALA LUMPUR, Dec 22 (Bernama) --  Kenanga Research has revised its forecast for Malaysia’s gross domestic product (GDP) growth in the fourth quarter of 2025 to 5.0 per cent, higher than its earlier estimate of 4.0 per cent.

Meltwater Wins Three Comparably Awards

KUALA LUMPUR, Dec 22 (Bernama) -- Meltwater has secured three Comparably Awards, underscoring its continued commitment to building a strong culture, investing in leadership, and creating an environment where employees can do their best work.

TNB Introduces Two Senior Leadership Roles To Enhance Governance

KUALA LUMPUR, Dec 22 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Mahathir Nor Ismail as senior chief network officer (SCNO) and Datuk Muhamad Nazri Pazil as senior chief strategy and sustainability officer (SCSSO), effective Jan 1, 2026, following the creation of the two senior leadership roles.

Update Browsers, Operating Systems To Counter Cyber Threats - Banking Associations

KUALA LUMPUR, Dec 22 (Bernama) -- To safeguard banking accounts against cyber threats, the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) today urged customers to ensure that their web browsers and mobile devices are running the latest versions to protect against cyber vulnerabilities and scams.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Saudia Eyes More Flights Between Malaysia, Saudi Arabia As KLIA Anchors Asia-Pacific Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 22 (Bernama) -- Saudia Airlines is exploring opportunities to increase flight frequencies between Kuala Lumpur International Airport (KLIA) and key Saudi Arabian destinations in 2026, as Malaysia strengthens its role as a strategic growth and feeder market in the airline’s Asia-Pacific (APAC) expansion strategy.

Bank Islam Recognised As 2-Star Lister On UNGCMYB’s Inaugural ESG Select List 2025

KUALA LUMPUR, Dec 22 (Bernama) -- Bank Islam Malaysia Bhd has been recognised on the Environmental, Social and Governance (ESG) Select List 2025 by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), earning a 2-Star Lister distinction for its exemplary achievements across the North Star ESG Target Setting, Future-Fit and Responsible Workforce categories.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Monday as investors engaged in profit-taking in heavyweight stocks following the index’s recent strong performance despite a positive close on Wall Street.

Razorpay Curlec Eyes Next Growth Phase As Malaysia’s Digital Payments Market Matures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 21 (Bernama) -- Razorpay Curlec Sdn Bhd is positioning itself for its next phase of growth as Malaysia’s digital payments market shifts from rapid adoption towards deeper integration, scale and cross-border capability, said country head and chief executive officer Kevin Lee.