SC Selects Six Firms For Inaugural Capital Market Sandbox

KUALA LUMPUR, Nov 26 (Bernama) -- The Securities Commission Malaysia (SC) has selected six participants for the inaugural cohort of its regulatory sandbox.

AM Best: Asia-Pacific Insurance Stability Underpinned By Mature Markets

KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.

Takaful Malaysia 3Q Net Profit Rises To RM115.42 Mln On Lower Claims

KUALA LUMPUR, Nov 25 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) posted a higher net profit of RM115.42 million for the third quarter ended Sept 30, 2025 (3Q 2025), up from RM100.65 million a year ago, mainly due to lower claims incurred.

AM Best Affirms NongHyup P&C Ratings; Outlook Stable

KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.

Port Klang Joins Global Port Elite, Officially Ranked 10th Among The World’s Top Container Ports

KUALA LUMPUR, Nov 24 (Bernama) -- Port Klang has officially secured its place among the world’s Top 10 container ports in the Lloyds List of the World’s Top 100 Ports 2025, with the historic milestone being reached with the handling of 14.64 million twenty-foot equivalent units (TEUs) in 2024.

Former Labuan IBFC Executive Chairman Iskandar Nuli Appointed MIFSA CEO

LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.

RegASK Becomes First Regulatory Intelligence Platform Certified To ISO 42001

KUALA LUMPUR, Nov 21 (Bernama) -- RegASK, the artificial intelligence (AI)-driven platform enabling end-to-end regulatory intelligence and workflow orchestration, has become the first vertical-specific provider to earn ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System.

Quantexa Bags Dual Recognition From Chartis For AML, KYC Solutions

KUALA LUMPUR, Nov 20 (Bernama) -- Quantexa, a global pioneer in Decision Intelligence, has been recognised as a Category Leader in Chartis’ RiskTech Quadrant for anti-money laundering (AML) transaction monitoring solutions and RiskTech Quadrant for KYC Solutions, 2025.

Malaysia, Ethiopia Need To Facilitate, Expedite Economic Cooperation - PM Anwar

From M. Saraswathi

ADDIS ABABA (Ethiopia), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he will speak to his Ethiopian counterpart Dr Abiy Ahmed Ali on doing all that is necessary to facilitate and expedite economic cooperation between Malaysia and Ethiopia.

Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant

KUALA LUMPUR,  Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.

RegASK 2026 Report Reveals Surging Regulatory Pressure Drives AI Adoption In Compliance

KUALA LUMPUR, Nov 19 (Bernama) -- Regulatory pressure is rising at a pace many organisations are struggling to manage, with 83 per cent of regulatory professionals reporting an increase in regulatory volume, according to the 2026 State of Regulatory Affairs and Compliance Report by RegASK.

Malaysia To Champion Islamic Fintech, Climate-oriented Sukuk By 2040 -- DPM Fadillah

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia aspires to be the global benchmark for regulation, innovation and Islamic environmental, social and governance (ESG) as well as a centre of excellence for Islamic fintech (financial technology) and climate-oriented sukuk by 2040, said Deputy Prime Minister Datuk Seri Fadillah Yusof.