3Degrees Appoints David Dines To Board Of Directors
KUALA LUMPUR, Dec 12 (Bernama) -- A renewable energy and climate solutions company, 3Degrees, has appointed veteran global executive David Dines to its Board of Directors, effective Dec 8.
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AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance
KUALA LUMPUR, Dec 12 (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 China’s Qianhai Reinsurance Co Ltd (QHR).
E&O Unveils Andaman Gurney Bridge, A New Gateway To Andaman Island
GEORGE TOWN, Dec 12 (Bernama) -- Eastern & Oriental Bhd (E&O) today officially unveiled the Andaman Gurney Bridge, marking a significant new gateway to Andaman Island and reinforcing the developer’s commitment to sustainable placemaking along Penang’s northern seafront.
AM Best Lifts New India Assurance Outlook To Positive
KUALA LUMPUR, Dec 12 (Bernama) -- 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 The New India Assurance Company Limited (New India).
Brighter Earnings Prospects For Property Developers To Continue In 2026 : MBSB IB
KUALA LUMPUR, Dec 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects brighter earnings prospects for property developers to continue in 2026, supported by higher sales secured in 2024 and 2025.
FELDA’s 2022 And 2023 Annual Reports To Be Tabled In Parliament Next Year
KUALA LUMPUR, Dec 11 (Bernama) -- The Annual Report and Financial Statements of the Federal Land Development Authority (FELDA) for 2022 and 2023 will be presented and distributed in Parliament in 2026.
Genting Bhd To Be Included In Three FTSE4good Indices, Effective Dec 22
KUALA LUMPUR, Dec 11 (Bernama) -- Genting Bhd will be included for the first time in three of the FTSE4Good indices, which are the FTSE4Good Bursa Malaysia Index, FTSE4Good ASEAN 5 Index, and FTSE4Good Emerging Index, with the inclusion taking effect on Dec 22, 2025.
Malaysia Records 15-Fold Rise In Asset Recovery To RM37.63 Bln - Report
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best
KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).
Gemas-Johor Bahru Double-tracking Project Proves Capability Of Local Workforce
JOHOR BAHRU, Dec 11 (Bernama) -- The 192-kilometre Gemas-Johor Bahru electrified double-tracking project, inaugurated today, marks a major achievement that demonstrates the ability of local engineers and workers to build world-class infrastructure.
Global Delegates Signal Support For Formation Of Defence, Security And Resilience Bank
KUALA LUMPUR, Dec 11 (Bernama) -- The Defence, Security and Resilience Bank (DSRB) Development Group recently held a high-level meeting in the City of London with representatives from 37 nations.