1y ago
KUALA LUMPUR, Nov 24 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has successfully assisted 612,692 entrepreneurs with financing worth RM6.45 billion from January to September 2024.
1y ago
KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Oriental Holdings Bhd has recorded a 70.1 per cent lower net profit to RM88.87 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM297.42 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia's largest integrated financial technology provider, TNG Digital Sdn Bhd, is implementing 100 per cent electronic Know-Your-Customer (eKYC) verification starting today.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted that the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, is further evidence of Malaysia's economic recovery.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Anaqua announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.
1y ago
KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia Bhd will host the 63rd World Federation of Exchanges (WFE) General Assembly and Annual Meeting from Nov 19-21, 2024, in Kuala Lumpur, Malaysia.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.