17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Rakuten Trade Sdn Bhd is keeping its end-2026 Bursa Malaysia benchmark index FBM KLCI target at 1,770, underpinned by clearer earnings visibility from Malaysia’s power and grid infrastructure spending.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Univar Solutions México, a subsidiary of Univar Solutions LLC (Univar Solutions), has entered into a distribution agreement with speciality chemicals company LANXESS to distribute its lubricant and metalworking fluid additives in Mexico.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the proposed acquisition of the remaining 30.95 per cent interest in Maybank Ageas Holdings Bhd after signing a share purchase agreement with Ageas Insurance International NV (Ageas) on Sept 8, 2026.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia’s wholesale and retail trade recorded sales of RM170.5 billion in July 2026, a nine per cent increase year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM).
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Coventry, a provider of life insurance secondary-market solutions, is urging policyowners and financial professionals to review the value of existing life insurance policies and consider alternatives before allowing coverage to lapse or surrendering it.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.
17d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Rubber glove counters dominated active trading in the morning session, with their share prices rallying amid rising crude oil prices.
17d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback.
18d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Bermaz Auto Bhd's net profit increased to RM40.51 million in the first quarter ended July 31, 2026, from RM8.27 million in the same quarter last year, supported by higher domestic sales volume for its Mazda models.