Major Infrastructure Projects To Drive Malaysia's Steel Demand - Kenanga IB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit On Right Track, Supported By Strong Fundamentals And Growth Prospects - BNM

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit is heading in the right direction, reflecting the country's strong economic fundamentals and growth prospects for the next couple of years, according to Bank Negara Malaysia (BNM).

JS-SEZ Can Drive Johor To Become Southern Growth Engine For Economy -- Analysts

KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Mixed At Midday

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia ended the morning session mixed, with buying interest in heavyweights offset by widespread selling of small-caps stocks.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff

KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.

Ringgit Expected To Trade Within Narrow Range Next Week Amid Holiday Calm

KUALA LUMPUR, Dec 21 (Bernama) -- The ringgit is expected to trade within the narrow range of 4.50 to 4.52 against the US dollar next week, reflecting subdued volatility and cautious sentiment among traders during the Christmas holiday period.

KL Shares Succumb To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 20 (Bernama) -- Shares on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.

AEON Credit Third Quarter Net Profit Eases To RM62.07 Mln

KUALA LUMPUR, Dec 19 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit for the third quarter of the financial year ended Feb 28, 2025 (3Q 2025) fell to RM62.07 million from RM85.55 million last year.

Malaysia’s Non-life Insurance Sector Remains Stable Despite Climate Risks - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.

AM Best Affirms Petrolimex Insurance Ratings With Stable Outlook

KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).