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AM Best Affirms Credit Ratings Of Taiping Reinsurance, Subsidiary

KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).

AM Best Upgrades New Zealand’s Beneficial Insurance Issuer Credit Rating

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.

Digital Platforms Key To Startup Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- Digital platforms are a key element for start-up businesses to build resilience and drive sustainable growth, according to industry players.

C1 Fund Secures Seven Investment Agreements Following IPO 

KUALA LUMPUR, Sept 18 (Bernama) -- C1 Fund Inc (Fund), a registered closed-end investment company, has announced the signing of seven investment agreements in the weeks following its Aug 7 initial public offering (IPO).

World's Largest Halal Exhibition MIHAS 2025 Opens Tomorrow

KUALA LUMPUR, Sept 16 (Bernama) -- The Malaysia International Halal Showcase (MIHAS) returns for its 21st edition at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, from Sept 17 to Sept 20, 2025.

ALR Aims To Diversify Revenue, Ease Congestion To Accelerate Sukuk Repayment

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 16 (Bernama) -- Amanat Lebuhraya Rakyat Bhd (ALR) aims to diversify its revenue stream and reduce traffic congestion in the short term to achieve greater business growth and expedite its RM5.5 billion sukuk repayment.

Ivan Khong's (Boss A) Journey From Weak Student To E-commerce Entrepreneur

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Sept 12 (Bernama) -- Once dismissed as a weak student, SCE Distributor Sdn Bhd founder Ivan Khong has built a career in refurbished computers and live online sales, earning recognition as the only refurbished computer seller to secure “mall” status on social media.

Rakuten Trade Lifts 2025 FBM KLCI Target To 1,650

KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.

AM Best Affirms Superior Ratings For Tokio Marine & Nichido Fire Insurance, Subsidiaries

KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.

PMB Investment Declares 2.0 Sen Per Unit Distribution For Two Funds, Totalling Over RM11 Mln

KUALA LUMPUR, Sept 11 (Bernama) -- PMB Investment Bhd have declared both the PMB Shariah Premier Fund and PMB Shariah Equity Fund annual distributions of 2.0 sen per unit for the financial year ended Aug 31, 2025 and Aug 30, 2025 respectively, amounting to a total gross distribution of over RM11 million.

Malaysia's Banking Sector Resilient Amid Trade Tension, Slower Growth - S&P Global 

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings.