AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

EcoWorld Posts Higher Net Profit Of RM438.07 Mln In FY2025

KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.

Expereo To Manage Global Network For Kingspan Light, Air + Water

KUALA LUMPUR, Dec 10 (Bernama) -- Expereo, a global leader in managed Network as a Service (NaaS), has been selected by Kingspan Light, Air + Water to provide a fully managed global connectivity solution.

IATA Welcomes Resumption Of MH370 Search, Says It Is Critical To Find Truth

From Kisho Kumari Sucedaram

GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) has welcomed efforts to resume the search for missing Malaysia Airlines Flight MH370 later this month, saying the global aviation community remains determined to uncover the truth behind the aircraft’s disappearance.

FBM KLCI Futures Close Marginally Higher

KUALA LUMPUR, Dec 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives finished slightly higher today, tracking the cash market’s performance.

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon, tracking the downbeat performance across regional peers as investors stayed cautious ahead of the United States Federal Open Market Committee’s (FOMC) policy meeting today and tomorrow.

Malaysia’s IPO Market On Track For 60 Listings In 2025 -- Amir Hamzah

KUALA LUMPUR, Dec 9 (Bernama) -- Initial public offerings (IPOs) on Bursa Malaysia have performed strongly this year, with expectations that the number of listings will reach 60 companies, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Fruit Importers Can Apply For SST Exemption To MOF -- MITI

KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.

CPO Futures Close Lower In Sync With Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, tracking the weakness in soybean oil prices, a trader said.

FBM KLCI Futures Close Lower

KUALA LUMPUR, Dec 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives finished lower today, tracking the cash market performance.

ASEAN Companies Need Clear Goals, Strategies To Gain From AI - AWS

LAS VEGAS, Dec 5 (Bernama) -- Companies in ASEAN, including Malaysia, must focus on clear business goals, workforce skills and strong leadership to fully benefit from artificial intelligence (AI) and cloud technologies.

2025: Motor Losses, Climate Risks, Digital Shifts Shape General Insurance Landscape

By K. Naveen Prabu

KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s general insurance sector ends 2025 with resilience and underlying fragility.