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Revised RP3 Gas Facility Base Tariff Doesn't Result In Higher Overall Gas Prices - FMM

KUALA LUMPUR, Dec 25 (Bernama) -- The revised gas facility base tariff for the Third Regulatory Period (RP3) from January 2026 to December 2028 does not translate into a higher overall gas price for end-users in the near term, says the Federation of Malaysian Manufacturing (FMM).

HARMAN Acquires ZF's ADAS Business For 1.5 Bln Euros To Boost SDV Platform

KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)

HYCU, VSTECS Partner To Expand Data Protection In Southeast Asia

KUALA LUMPUR, Dec 22 (Bernama) -- HYCU Inc, a provider of modern data protection solutions, has entered into a distribution partnership with VSTECS, one of Asia-Pacific’s leading information and communications technology (ICT) distributors.

AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

SAMENTA Backs KUSKOP’s ABCD Strategy, Proposes Fifth SME Pillar

KUALA LUMPUR, Dec 18 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) has suggested further strengthening Malaysia’s small and medium enterprises (SME) framework by adding a fifth pillar focused on an enabling ecosystem.

CMSB Breaks Ground For RM673 Mln Mambong Clinker Line 2 To Boost Sarawak Cement Supply

PADAWAN, Dec 18 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) today held the groundbreaking ceremony for its RM673 million Mambong Clinker Line 2 project, a strategic investment aimed at significantly enhancing cement production capacity and supporting Sarawak’s rapidly expanding infrastructure and economic development.

Malaysia Offers Most Borrower-friendly Mortgage In Asia-Pacific - Juwai IQI

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is considered the most borrower-friendly market among six Asia-Pacific nations, ahead of Indonesia, Vietnam, Thailand, South Korea and Japan, according to international real estate technology group, Juwai IQI.

Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

FMM Looks Forward To Policy Continuity, Stability Following New Cabinet Line-Up

KUALA LUMPUR, Dec 17 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) looks forward to policy continuity and stability that provide businesses and investors with the confidence to plan and invest over the long term following the new Cabinet line-up announced yesterday.

MITTA, MOTAC Step Up Efforts To Curb Illegal Tourism Operators

KUALA LUMPUR, Dec 16 (Bernama) — The Malaysian Indian Tour and Travel Association (MITTA) and the Ministry of Tourism, Arts and Culture (MOTAC) are stepping up efforts to curb illegal and unlicensed tourism operators amid a rise in such activities.

Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Korean Reinsurance Company (KRE).