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Ringgit Likely To Trade Cautiously Between RM4.09 And RM4.11 Vs Us Dollar Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

Airwallex Secures Majority Stake In Indonesia’s PT Skye Sab

KUALA LUMPUR, Dec 12 (Bernama) -- Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licence holder, strengthening its position across Southeast Asia and expanding access to its global financial infrastructure for Indonesian merchants.

Sabah Tables RM6.4 Bln Budget For 2026

KOTA KINABALU, Dec 12 (Bernama) -- The Sabah government today tabled the state’s Budget 2026, amounting to RM6.402 billion, with an estimated surplus of RM28 million.

Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).

3Degrees Appoints David Dines To Board Of Directors

KUALA LUMPUR, Dec 12 (Bernama) -- A renewable energy and climate solutions company, 3Degrees, has appointed veteran global executive David Dines to its Board of Directors, effective Dec 8.

AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance

KUALA LUMPUR, Dec 12 (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 China’s Qianhai Reinsurance Co Ltd (QHR).

Malaysia's IPI Expands 6.0 Pct In October 2025 -- DOSM

KUALA LUMPUR, Dec 12 (Bernama) -- The Industrial Production Index (IPI) rose 6.0 per cent year-on-year in October 2025, maintaining its positive momentum in all sectors, said the Statistics Department Malaysia (DOSM).

MPOB Warns Smallholders About Cheap Fertilisers With Low Nutrient Content - MPOB

KUALA LUMPUR, Dec 12 (Bernama) -- Oil palm smallholders are reminded not to be deceived by the sale of cheap fertilisers with low nutrient content levels, which affect yields and waste resources.

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).

Vantris Energy Shares Rise In Early Trade After RM4.27 Bln 3Q Profit

KUALA LUMPUR, Dec 12 (Bernama) -- Vantris Energy Bhd, formerly Sapura Energy Bhd, surged in early trade after reporting a third-quarter (3Q) profit, reversing losses recorded in the first half of financial year 2026.

China’s Hainan FTP Marks Major Liberalisation Move, Spurring Potential Gains For Malaysia

KUALA LUMPUR, Dec 12 (Bernama) -- China’s Hainan Free Trade Port (FTP), which will officially begin island-wide special customs operations on Dec 18, 2025, is yet another testament to China’s continued economic liberalisation, in contrast to the United States’ policy directions.

Brighter Earnings Prospects For Property Developers To Continue In 2026 : MBSB IB

KUALA LUMPUR, Dec 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects brighter earnings prospects for property developers to continue in 2026, supported by higher sales secured in 2024 and 2025.