Global Business On Edge: Uncertainty Now Bigger Threat Than Red Tape

KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.

FCCI Wins Duck Creek 2025 Standard Of Excellence Customer Award For E&S Rollout

KUALA LUMPUR, May 22 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has named FCCI Insurance Group (FCCI) a recipient of its 2025 Standard of Excellence Customer Award at its Formation ’25 conference in Orlando, Florida.

Malaysia's Trade Performance Registers 18.2 Pct Y-O-Y Growth To RM261.94 Bln - MITI 

KUALA LUMPUR, May 20 (Bernama) -- Malaysia’s trade performance sustained its positive trajectory in April 2025, rising 18.2 per cent year-on-year (y-o-y) to RM261.94 billion, said the Investment, Trade and Industry Ministry (MITI).

Penang Actively Conducting Investment, Trade Missions To Reduce Impact Of US Tariffs

GEORGE TOWN, May 19 (Bernama) -- Penang, through its state investment agency InvestPenang, is actively conducting investment and trade missions to foreign countries to reduce the impact of the United States (US) tariff hike on the state's economy.

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 19 (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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.

Malaysia Posts RM16.7 Bln Surplus In Current Account Balance In 1Q 2025  -- DOSM

KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).

Malaysian Economy Expands 4.4 Pct In 1Q, Anchored By Household Spending

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.

Rubber Market Ends Mixed Amid Regional Uptrend, Steady Oil Prices

KUALA LUMPUR, May 6 (Bernama) -- The Malaysian rubber market ended mixed today amid an uptrend in the regional rubber futures markets and gains in oil prices.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

MITI Appoints Deputy Sec-Gen As Chief Negotiator For US Tariff Talks

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has appointed its deputy secretary-general (trade) Mastura Ahmad Mustafa, one of its most experienced senior civil servants, as Malaysia’s chief negotiator for the upcoming formal tariff negotiations with the United States (US).

Malaysia Eyes Emerging Markets, China, For Halal Industry Expansion In 2025 - MATRADE Chairman

KUALA LUMPUR, April 30 (Bernama) -- Malaysia is exploring opportunities in emerging markets, including China, as part of its efforts to expand the halal industry this year, said Malaysia External Trade Development Corporation (MATRADE) chairman Datuk Seri Reezal Merican Naina Merican.

Short-term Rates To Remain Stable On BNM Operations

KUALA LUMPUR, April 29 (Bernama) -- Short-term rates are expected to remain stable today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.