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IILM’s Short-term Sukuk Portfolio Hits New Record High Of US$6.2 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).

Stop The Double Standards Against Palm Oil, Says MPOB Chairman

KUALA LUMPUR, Nov 3 (Bernama) -- The hypocrisy surrounding global environmental policies must stop, said  Malaysian Palm Oil Board (MPOB) chairman Datuk Mohamad Helmy Othman Basha, who called out the continued double standards against palm oil.

Three Malaysian Firms Win Inaugural SME Venture@ASEAN 2025 Awards

KUALA LUMPUR, Nov 3 (Bernama) -- Three Malaysian small and medium enterprises (SMEs) were presented with the inaugural SME Venture@ASEAN 2025 Awards, recognising their exceptional achievements in business performance, innovation, and export competitiveness.

AM Best Releases First Country-Risk Report On 16 Asia-Pacific Insurance Markets

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has published the inaugural analysis of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential.

AM Best Rates Delta’s Affiliates’ Performance Assessment Excellent

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.

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.

Lendlease REIT Nears Completion Of Jem Office Divestment 

KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12.

AM Best: Taiwan’s Non-Life Insurance Outlook Remains Stable

KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.

AM Best Keeps China Non-Life Insurance Outlook Stable

KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.

CIMB Enters Panda Bond Market With Record RMB3 Bln Issuance

KUALA LUMPUR, Oct 31 (Bernama) -- CIMB Bank Bhd has made its debut of 3.0 billion renminbi (RMB; 100 RMB=RM58.94) three-year Panda Bond issuance in the China Interbank Bond Market, making it the largest single-tranche issuance by a Malaysian institution to date.

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).