Bank Islam Unveils Mastercard Inspire Credit Card-i
SHAH ALAM, Sept 27 (Bernama) -- Bank Islam Malaysia Bhd has launched the Mastercard Inspire Credit Card-i, a new shariah-compliant credit card designed for young professionals.
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Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln
KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.
Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model
KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.
IATA Urges Govt To Introduce Incentives Or Tax Credits In Budget 2025 To Support SAF
By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) urges the government to consider introducing incentives or tax credits in the upcoming Budget 2025 to support Malaysia’s emerging sustainable aviation fuel (SAF) industry.
AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty
KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.
Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).
AM Best Maintains Stable Outlook On China's Non-life Insurance Segment
KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on China’s non-life insurance segment, citing several factors that include a supportive regulatory environment, increased health insurance awareness and strong growth potential in the electric vehicle (EV) insurance market.
Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best
KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.
Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness
KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.