XOX MD Appointed Chairman Of Hong Kong-Based Nexion Technologies

KUALA LUMPUR, May 14 (Bernama) -- XOX Bhd’s managing director Datuk Kenneth Vun has been appointed chairman at Nexion Technologies Ltd effective May 12, 2025.

VHB Issues First RM114 Mln Green Sukuk Wakalah Under RM2 Bln Programme

KUALA LUMPUR, May 13 (Bernama) -- Visionary Heritage Bhd (VHB), a special purpose vehicle sponsored by ISP Holding Sdn Bhd, has completed the inaugural issuance of the RM114 million ASEAN Green Sukuk Wakalah under its RM2 billion sustainability industrial asset-backed securitisation (ABS) sukuk wakalah programme.

MCBA Signs MoUs With 20 Malaysian Associations To Explore Cambodian Market

KUALA LUMPUR, May 13 (Bernama) -- The Malaysia Cambodia Business Association (MCBA) today signed Memoranda of Understanding (MoUs) with 20 local Malaysian associations to explore overseas markets, beginning with Cambodia.

AM Best Cites Underwriting Volatility In Korea P&I Club's Outlook Revision

KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).

WE2025 Aims To Generate RM100 Mln Trade, Investment Leads -- Qube

KUALA LUMPUR, May 13 -- “WE2025: Future in Motion -- Women in Trade. Leadership. Investment.”, to be held from Nov 25-27, 2025, aims to generate RM100 million in potential trade and investment leads, according to Qube Integrated Malaysia Sdn Bhd. 

Abang Johari Hails Rimbunan Hijau Group’s Role In Sarawak’s Development

SIBU, May 13 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has praised Rimbunan Hijau Group (RH Group) for its enduring contributions to both the state and national economies as well as its strong alignment with Sarawak’s vision for sustainable and inclusive growth.

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

AM Best Affirms Vietnam National Reinsurance Corporation Credit Ratings 

KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

Melaka Govt Partners With World Economic Council To Boost Investment In German Technology Park

MELAKA, May 8 (Bernama) -- The Melaka state government has entered into a collaboration with the World Economic Council (WEC) to attract more investors to the German Technology Park (GTP).

EXIM Bank, Marrybrown Ink Strategic MoU To Drive Chain's Expansion Into Australia

KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.

NTT DATA Payment Services Launches Integrated Payment Solutions 'ADAPTIS'

KUALA LUMPUR, May 8 (Bernama) -- NTT DATA Payment Services has launched a comprehensive suite of integrated payment solutions designed to meet the evolving needs of modern businesses known as ADAPTIS.