KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).
KUALA LUMPUR, Nov 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s services trade returned to surplus after 56 quarters, supporting a RM12.2 billion current account surplus in the third quarter (3Q) 2025, said the Department of Statistics Malaysia (DOSM).
KUCHING, Nov 14 (Bernama) -- OCBC Malaysia said its Serial Entrepreneur Programme has gained strong momentum among small and medium enterprises (SMEs), having secured more than RM1.6 billion in approved financing since its pilot phase began just over a year ago.
KUALA LUMPUR, Nov 14 (Bernama) -- Mitsubishi Electric has agreed to transfer several key motor and industrial equipment businesses to EBARA Corporation, which marks a major reorganisation of its manufacturing portfolio.
KUALA LUMPUR, Nov 13 (Bernama) -- Petronas has appointed Datuk Seri Dr Maimunah Mohd Sharif as its Property Adviser, effective Nov 17, 2025.
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.
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia Aviation Group (MAG) has appointed Captain Nasaruddin A. Bakar as its president and group chief executive officer (CEO), effective Feb 1, 2026, a new designation succeeding the former group managing director position.
KUALA LUMPUR, Nov 12 (Bernama) -- TOURISE, the global platform shaping a new horizon for tourism, announced that it has catalysed investment portfolios worth US$113 billion at its inaugural TOURISE Summit in Riyadh. (US$1=RM4.12)
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.
KUALA LUMPUR, Nov 8 (Bernama) -- Oriental Holdings Bhd (OHB) and its subsidiaries (collectively, OHB Group) intend to acquire Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi.
