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AM Best Affirms NongHyup P&C Ratings; Outlook Stable

KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

CPO Futures Ends Lower On Weaker Demand Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week on a weaker note, closing lower on Friday due to concerns over weak demand, a trader said.

Petronas Chemicals Narrows 3Q Net Loss To RM289 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) posted a narrower net loss of RM289 million for the third quarter ended Sept 30, 2025 (3Q 2025), compared with a RM789 million net loss in the corresponding period last year.

CCOB Expects Consumer Credit Bill To Take Effect In 1Q 2026

By Karina Imran

KUALA LUMPUR, Nov 21 (Bernama) -- The Consumer Credit Bill 2025, which provides broader consumer protection by regulating excessive fees and through the practice of ethical debt collection, is expected to take effect in the first quarter of 2026, the Consumer Credit Oversight Board (CCOB) said.

Bursa Malaysia Opens Higher On Tech, Construction Buying

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Thursday, led by buying in technology and construction stocks, mirroring gains on Wall Street.

OCBC Expects Another 25 Basis Point Rate Cut By BNM In 2Q 2026

KUALA LUMPUR, Nov 19 (Bernama) -- OCBC expects a 25 basis point (bp) rate cut from Bank Negara Malaysia (BNM) next year, likely in the second quarter of 2026 (2Q 2026).

WE2025 Aims For RM100 Mln Trade Potential, Expects 10,000 Visitors

KUALA LUMPUR, Nov 18 (Bernama) -- WE2025: Future in Motion, a multi-component platform uniting trade, innovation and leadership through the lens of inclusivity and women’s empowerment, is expected to generate up to RM100 million in potential trade.

AirAsia X Plans New Europe Routes Next Year

From Fatin Umairah Abdul Hamid

ISTANBUL (TÜRKIYE), Nov 17 (Bernama) -- AirAsia X (AAX) is exploring plans for several additional European destinations, targeted for launch next year, said its chief executive officer, Benyamin Ismail.

Penang Tables RM1.09 Bln Budget 2026 With Record-Low Deficit

GEORGE TOWN, Nov 14 (Bernama) -- The Penang state government today tabled the Budget 2026 totalling RM1.088 billion for operating expenditure, with an estimated deficit of RM19.92 million, the lowest in the state’s history. 

BNM Sees Full-year 2025 GDP Growth At Upper End Of Forecast Range

KUALA LUMPUR, Nov 14 (Bernama) -- Bank Negara Malaysia (BNM) expects the full-year gross domestic product (GDP) growth to be at the upper end of its forecast range of 4.0 per cent to 4.8 per cent, said governor Datuk Seri Abdul Rasheed Ghaffour.

Hong Leong Bank Expects Ringgit To Have Enough Legs To Continue Uptrend

KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024.