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Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

CPO Prices Seen Higher In 2H 2026 On El Nino, Biofuel Demand

KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) prices are expected to trade higher in the second half of 2026 (2H 2026), supported by the likelihood of a strong El Niño and elevated soybean and rapeseed oil prices amid rising biofuel demand, CGS International Securities Malaysia Sdn Bhd said.

Mindanao Earthquake Insured Losses Expected To Be Limited - AM Best

KUALA LUMPUR, June 10 (Bernama) -- Insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and account for only a small fraction of total economic losses due to the catastrophe protection gap in the Philippines.

Stronger Fiscal Discipline Key To Attracting Higher-Value Investment -- Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Fortegra Strengthens Leadership Team With Mark Rattner Appointment

KUALA LUMPUR, June 8 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurer and part of DB Insurance Co Ltd, has appointed Mark Rattner as President.

Expereo Report: Firms Rush Into AI Investment Amid ROI Concerns

KUALA LUMPUR, June 3 (Bernama) -- Expereo, a managed Network as a Service provider, stated that enterprise artificial intelligence (AI) spending is rising rapidly as organisations race to deploy the technology faster than they can assess its effectiveness.

Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.

From Mum's Kitchen To Global Stage -- Young Malaysian Chef Takes Local Flavours To Russia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 29 (Bernama) -- Long before he stood in an international culinary arena in Russia bearing Malaysian flavours to judges from around the world, Wan Amirul Asyraaf Wan Rosidi learnt his earliest lessons about food in a simpler way.

IHH Healthcare’s 1Q Net Profit Rises To RM528 Mln

KUALA LUMPUR, May 26 (Bernama) -- IHH Healthcare Bhd posted a net profit of RM528 million for the first quarter (1Q) ended March 31, 2026, up 2.7 per cent from RM514 million in the same quarter last year.

​SC Launches Social Exchange Platform; Aims For Accountability In Charitable Funding

KUALA LUMPUR, May 25 (Bernama) — The launch of the Social Exchange platform by the Securities Commission (SC) will address public concerns related to charity fundraising and support social outcomes in a more organised and accountable manner.

Malaysia Retains Competitive Edge In Global Halal Industry Through JAKIM – BMI

KUALA LUMPUR, May 25 (Bernama) -- Malaysia’s institutional credibility remains a key competitive advantage in the global halal certification landscape, underpinned by the internationally recognised halal certification system developed by the Department of Islamic Development Malaysia (JAKIM), according to BMI, a unit of Fitch Solutions.

ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.