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KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.
KUALA LUMPUR, Oct 17 (Bernama) -- The ASEAN Power Grid (APG) is entering a new phase of expansion, focusing on longer regional interconnections that are critical to delivering renewable energy across the region, said Energy Commission chief executive officer Siti Safinah Salleh.
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
By Anas Abu Hassan & K Naveen Prabu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.
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).
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.
By Karina Imran
KUALA LUMPUR, Oct 7 (Bernama) -- Budget 2026 must strike the right balance between fiscal consolidation and growth-supportive measures to ensure resilience in the banking sector and the broader economy, said RHB Banking Group.
KUALA LUMPUR, Oct 5 (Bernama) -- Malaysia’s cumulative fiscal deficit narrowed by 10.6 per cent year-on-year (y-o-y) to RM49.4 billion as of August 2025, keeping the government on track to meet its full-year target of RM80 billion or 3.8 per cent of gross domestic product (GDP).
KUALA LUMPUR, Oct 4 (Bernama) -- EHH Food Industry Sdn Bhd has embarked on a new phase in the national food industry with the launch of its new corporate logo and a refreshed logo for its flagship brand, Cap Kunci, as part of its strategy to strengthen its position in both domestic and international food markets.
KUALA LUMPUR, Oct 3 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary, Public Mutual has declared distributions amounting to more than RM63 million for two funds as at Sept 30, 2025.
