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Taiwanese Shinkong Insurance Receives Credit Rating Boost From AM Best 

KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).

Malaysia Proposes Setting Up ASEAN Halal Council To Boost Regional Halal Industry

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Malaysia proposes establishing the ASEAN Halal Council to strengthen strategic cooperation in the regional halal industry, and this proposal will be submitted to the ASEAN Secretariat for official finalisation.

Turkiye keen To Join 2025 ASEAN Summit As Dialogue Partner

ISTANBUL, April 23 (Bernama) -- Turkey has expressed interest in becoming a dialogue partner at the 2025 ASEAN Summits to be held in Kuala Lumpur in May and November, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Bin Zayed International Acquires 28.89 Pct Stake In Turiya

KUALA LUMPUR, April 11 (Bernama) -- Global investment conglomerate Bin Zayed International Group of Companies (BZI), through its Singapore entity Bin Zayed (S) Pte Ltd, has acquired a substantial 28.89 per cent stake in Malaysian firm Turiya Bhd, listed on Bursa Malaysia.

Singapore's Black Group Acquires LifeBank To Boost Distribution Of Healthy Ageing Solutions

SINGAPORE, April 10 (Bernama) -- Singapore-based Black Group Investment Holding has acquired LifeBank Stem Cells, a distributor of stem cell banking and cellular therapy solutions, underscoring its commitment to expanding its network in support of healthy longevity and active ageing.

ASEAN Must Remain Neutral In Trade War Between Economic Superpowers - Andrew Sheng

KUALA LUMPUR, April 10 (Bernama) -- ASEAN must remain neutral in the escalating global trade war over tariffs between superpowers the United States and China, former Bank Negara Assistant Governor Tan Sri Andrew Sheng said.

ABAC Seeks ASEAN Finance Ministers', Central Bank Governors' Support To Endorse Its 2025 Growth Agenda

 KUALA LUMPUR, April 9 (Bernama) -- The ASEAN Business Advisory Council (ABAC) seeks the support from ASEAN Finance Ministers and Central Bank Governors to endorse its 12 strategic initiatives, which includes the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity and regional collaboration.

HI Mobility Optimistic Its Johor Free Bus Service Contract Will Be Extended

KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.

Axiata Shareholders Approve XL Axiata-Smartfren Merger

KUALA LUMPUR, March 24 (Bernama) -- Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren).

SC To Submit Fee Review Proposal To MOF By End Of March

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi. 

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

Bumi Armada Bags Two Contracts Worth Rm578.4 Mln

KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC).