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KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
KUALA LUMPUR, Feb 27 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called for stronger innovation capabilities among small and medium enterprises (SMEs) and Tier-1 and Tier-2 suppliers to support upgrading, localisation and participation in global value chains.
KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)
KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year.
KUALA LUMPUR, Feb 26 (Bernama) -- The government should strengthen national housing policy with more effective price controls and better-targeted tax incentives to tackle the imbalance between house prices and the public’s income growth, urged Senator Michael Mujah Lihan.
KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.
KUALA LUMPUR, Feb 25 (Bernama) -- Wasco Bhd's net profit rose to RM160.54 million for the financial year ended Dec 31, 2025 (FY2025), from RM153.04 million in the preceding year.
KUALA LUMPUR, Feb 25 (Bernama) -- Henley & Partners has released its 2026 Residence and Citizenship Programs rankings, showing Europe’s long-standing dominance is being increasingly challenged by fast-rising programmes across the Middle East, Asia-Pacific, Latin America and the Caribbean.
KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Feb 23 (Bernama) -- A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.
KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Feb 23 (Bernama) -- Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.
