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Budget 2026 Formulated With Comprehensive Fiscal Approach – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The fiscal approach for Budget 2026 has been formulated comprehensively, covering federal operating and development expenditures as well as catalytic investments by government-linked entities, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Blackstone Taps Laura Coady To Lead Global CLOs, Europe Credit Push

KUALA LUMPUR, Nov 4 (Bernama) -- Blackstone has appointed Laura Coady, a top figure in the securitised markets, as the Global Head of Collateralised Loan Obligations (CLOs) and European Head of Liquid Credit Strategies (LCS) at Blackstone Credit & Insurance (BXCI).

South Korean Company Shows Interest In Opening Used Cooking Oil Plant In Malaysia - Tengku Zafrul

KUALA LUMPUR, Nov 3 (Bernama) -- Korean renewable energy company, JC Chemical Co Ltd, has expressed interest in establishing a plant in Malaysia to process refined used cooking oil (UCO) for use as sustainable aviation fuel (SAF).

AM Best Affirms Excellent Ratings For South Korea’s KB Insurance

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.

Felcra Announces Second Interim Profit Distribution Of RM207 Mln

KINABATANGAN, Nov 1 (Bernama) --  Felcra Bhd chairman Datuk Seri Ahmad Jazlan Yaakub has announced the company’s second interim distributable profit for 2025 amounting to RM207 million.

MAHB To Implement Action Plan Following Aerotrain Incidents

SEPANG, Oct 31 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) plans to implement a comprehensive action plan to address the recurring reliability issues involving the KL International Airport (KLIA) aerotrain system.

SUSE Unveils First Enterprise Linux With Built-In Agentic AI

KUALA LUMPUR, Oct 31 (Bernama) -- SUSE, a global leader in enterprise open-source solutions, has unveiled SUSE Linux Enterprise Server (SLES) 16, the industry’s first enterprise Linux integrated with agentic artificial intelligence (AI), setting a new benchmark for intelligent automation, security, and lifecycle management in critical information technology (IT) infrastructure.

Sumang Unveils Refined Matcha Grading System

KUALA LUMPUR, Oct 31 (Bernama) -- Clean Jeju Green Tea Cooperative 'Sumang' has introduced a more refined grading system for its matcha products, a strategic move to diversify its premium tea portfolio and offer consumers a broader choice tailored to their specific needs.

AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects

KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region. 

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

UOB Malaysia, Prudential Launch PRUSupreme Legacy For Cross-border Wealth Planning

KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.

TNB, China’s CET Sign MoU To Strengthen Power Grid Cooperation

KUALA LUMPUR, Oct 26 (Bernama) -- Tenaga Nasional Bhd (TNB) today signed a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), the world’s largest public utility company, represented by its wholly owned subsidiary China Electric Power Equipment and Technology Co Ltd (CET).