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Canada Lures Oil Majors With LNG Incentives

By Mikhail Raj Abdullah and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Canada is offering new incentives to attract oil majors like Petronas to boost investments in its liquefied natural gas (LNG) sector, as Prime Minister Mark Carney’s government moves to streamline and fast-track permits for foreign investors in LNG and clean energy projects

Bursa Malaysia Edges Higher On Heavyweight Buying

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia turned slightly higher at midday, lifted by buying in selected heavyweights, particularly in the consumer products and services, as well as utilities sectors.

Malaysia Must Reposition As A Technology Creator - Liew

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

ASEAN Must Build And Grow Regional And Global Tech MNCs -- Liew

KUALA LUMPUR, Sept 22 (Bernama) -- ASEAN cannot grow purely on a foreign direct investment (FDI) model but must grow and invest in the region's technology companies to move forward.

FBM KLCI Higher At Midday In Line With Most Regional Peers

By Zufazlin Binti Baharuddin

KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FBM KLCI remained in positive territory at midday in line with most regional peers.

Bursa Malaysia Starts Higher, FBM KLCI Climbs Above 1,600

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising above the key 1,600 level, buoyed by positive sentiment from Wall Street.

Bursa Malaysia Seen Trading Sideways With Upside Bias Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia is expected to continue moving sideways in the near term with an upside bias supported by sustained buying interest during market dips, an analyst said.

AM Best Affirms Top Ratings For Samsung Fire & Marine Insurance, Subsidiaries

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.

AM Best Upgrades New Zealand’s Beneficial Insurance Issuer Credit Rating

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.

C1 Fund Secures Seven Investment Agreements Following IPO 

KUALA LUMPUR, Sept 18 (Bernama) -- C1 Fund Inc (Fund), a registered closed-end investment company, has announced the signing of seven investment agreements in the weeks following its Aug 7 initial public offering (IPO).

WM Senibong Charts Growth With Four Major Townships In Johor

KUALA LUMPUR, Sept 18 (Bernama) -- Property developer WM Senibong Sdn Bhd is expanding its footprint in Johor through four master-planned townships with a combined gross development value (GDV) of over RM36 billion.