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AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

Sia Expands Australia Presence With Seven Consulting Acquisition

KUALA LUMPUR, Aug 10 (Bernama) -- Sia, a global management consulting group, has expanded its international presence with the acquisition of Seven Consulting, an Australian management consulting firm.

Future-Ready, Trust-Centred Accountancy Profession Key To Malaysia's Competitiveness - MIA

By Karina Imran

KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia's accountancy profession must evolve into a future-ready, value-driven and trust-centred profession to strengthen the country's economic competitiveness amid rapid technological transformation and growing sustainability demands.

Sabah To Acquire 30 Pct Stake In Two Oil And Gas Fields - Hajiji Noor

KOTA KINABALU, Aug 9 (Bernama) -- The Sabah government will acquire a 30 per cent stake in two new oil and gas fields on the state's east coast, said Sabah Chief Minister Datuk Seri Hajiji Noor.

Malaysia Can Emerge As A Global Pioneer In Shariah-Compliant Digital Finance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia possesses the necessary ingredients to be a global pioneer in Shariah-compliant digital finance, driven by the emergence of blockchain innovation and efforts to develop the world's first Shariah-compliant products within crypto banks, a global mobility entrepreneur said.

MPOB Turns Palm Oil Into Water-saving Cooling Solution For Data Centres

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has developed Sawit EcoTherm, a palm-based immersion cooling fluid that can significantly reduce water consumption and energy use in data centres while supporting more sustainable digital infrastructure.

Japanese Cuisine To Boost Japan's Agricultural And Seafood Product Exports To Malaysia

KUALA LUMPUR, Aug 9 (Bernama) -- Japanese cuisine, driven by demand for halal food products and rising consumer incomes, will boost exports of Japanese agricultural and seafood products to Malaysia, said Japan External Trade Organisation (Jetro) Kuala Lumpur managing director Koichi Takano.

Rubber Market Seen Range-bound Next Week On Geopolitical Uncertainty, Tariff Talks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market is expected to remain range-bound next week as geopolitical uncertainty and renewed tariff discussions weigh on global buying interest.

Gold Futures Expected To Hover Around US$4,250-US$4,350 Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.

Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

Malaysia's Economy Stays Resilient Despite Global Uncertainty - Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- The Malaysian economy remains resilient by recording encouraging growth despite facing global economic uncertainty and geopolitical conflicts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.