2m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.
2m ago
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).
2m ago
KUALA LUMPUR, Oct 2 (Bernama) -- The RAM Business Confidence Index (RAM BCI) rose to 48.4 in the third quarter (3Q) of 2025, compared to 40.0 in 2Q, reflecting a notable improvement in business sentiment for the upcoming three months.
2m ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened firmer on Wednesday, following overnight gains on Wall Street despite a choppy start, as traders largely shrugged off concerns over a potential government shutdown, an analyst said.
2m ago
KUALA LUMPUR, Sept 30 (Bernama) -- Gamuda Bhd remains the top pick for the construction sector by MBSB Investment Bank Bhd, supported by an all-time high order book of RM35.8 billion and a geographically diversified portfolio across construction and property.
3m ago
KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.
3m ago
KUALA LUMPUR, Sept 26 (Bernama) -- Global credit rating agency, AM Best will sponsor, exhibit and lead a session at the 29th Indonesia Rendez-Vous Conference, taking place for three days beginning Oct 15 in Bali, Indonesia.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
3m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
3m ago
KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).
3m ago
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.
3m ago
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.