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South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.

Bursa Malaysia Turns Higher At Midday On Stronger Ringgit

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (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 Korean Reinsurance Company (KRE).

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

Bursa Malaysia Opens Lower Tracking Weaker Regional Markets

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday, tracking weaker regional markets and a softer overnight performance on Wall Street.

TNB CEO Honoured At Inaugural MADANI Business Awards 2025

KUALA LUMPUR, Dec 16 (Bernama) -- Tenaga Nasional Bhd (TNB) chief executive officer (CEO) Datuk Megat Jalaluddin Megat Hassan has been named “MADANI Best CEO of the Year” at the inaugural MADANI Business Awards 2025 recently. 

Captain Izham Bids Farewell To Final Media Engagement, Expresses Confidence In MAG's Successors

KUALA LUMPUR, Dec 15 (Bernama) -- Outgoing Malaysia Aviation Group (MAG) group managing director Datuk Captain Izham Ismail on Monday marked his final official engagement with the media, closing a chapter spanning more than four decades with the company, with gratitude, reflection and quiet emotion.

MAG Aims To Double Topline Revenue To Over RM24 Bln By 2030 Through LTBP3.0

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia Aviation Group Bhd (MAG) aims to double its topline revenue to more than RM24 billion by 2030 through its Long-Term Business Plan 3.0 (LTBP3.0) unveiled today. 

Poh Kong's 1Q FY2026 Net Profit Rises To RM39.6 Mln On Strong Gold Prices

KUALA LUMPUR, Dec 15 (Bernama) -- Poh Kong Holdings Bhd’s net profit for the first quarter of the financial year 2026, ended Oct 31, 2025 (1Q FY2026), increased to RM39.61 million from RM21.34 million in the same quarter last year.

Bursa Malaysia Extends Upward Momentum To 14-Month High

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia’s key index extended its uptrend today, climbing to a 14-month high, surpassing the previous high recorded on Oct 22, 2024 at 1,642.54, supported by broad-based buying from local institutional investors.

Labuan-based Flexi Flex Bags 'SME100 Fastest-growing Companies Award'

LABUAN, Dec 15 (Bernama) -- Flexi Flex Hydraulics Sdn Bhd has made history as the first company from Labuan to win the prestigious “SME100 Malaysia – Fastest Growing Companies Award”, underscoring its leadership and growing contribution to the region’s industrial development.

Bursa Malaysia Edges Higher At Mid-afternoon

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, underpinned by sustained buying in selected heavyweights, particularly in the industrial products, utilities and financial services sectors.