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AM Best Upgrades PICC Hong Kong's Credit Ratings 

KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).

Cagamas Completes Malaysia’s First MYOR-i Referenced Sukuk, IPRS Transactions

KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.

SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.

Widad Appoints Tengku Shaifuddin As Chairman, Nor Azlan As Group MD

KUALA LUMPUR, July 15 (Bernama) -- Widad Group Bhd has announced the appointment of Datuk Tengku Shaifuddin Tengku Jamaluddin as its new chairman and Nor Azlan Zainal as group managing director effective today. 

Siti Asiah Is Appointed Chief Statistician

PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.

 

APO Hands Over Nepal's 10-Year Productivity Master Plan

KUALA LUMPUR, July 15 (Bernama) -- The Asian Productivity Organization (APO), a regional intergovernmental organisation, has formally handed over the National Productivity Master Plan for Nepal 2026–2036 to the Government of Nepal during an online ceremony jointly organised with the National Productivity and Economic Development Centre (NPEDC) and the Ministry of Industry, Commerce, and Supplies.

Hold Multinational Military Stress Tests In Melaka Strait To Better Prepare For Geopolitical Crises - Analyst

KUALA LUMPUR, July 15 (Bernama) -- Countries bordering the Strait of Melaka must embark on a multinational defence cooperation by conducting stress tests and simulations in the strait to better prepare for potential geopolitical crises, an analyst said.

FDM2026 Set To Elevate Malaysia As ASEAN’s Premier F&B Hub

KUALA LUMPUR, July 14 (Bernama) -- Food & Drinks Malaysia by SIAL (FDM2026), to be held from July 21-23, 2026, is set to elevate Malaysia as ASEAN’s premier food and beverage hub.

National Trust Fund Bill 2026 Tabled For First Reading In Dewan Rakyat

KUALA LUMPUR, July 14 (Bernama) -- The National Trust Fund Bill 2026, which aims to establish the National Trust Fund (KWAN) and incorporate the National Trust Fund (Incorporated) as the governing body to administer, manage and invest the fund, was tabled for the first reading in the Dewan Rakyat today.

Tanco Unit Partners With Qingdao Port On Smart AI Container Port In Port Dickson

KUALA LUMPUR, July 14 (Bernama) -- Tanco Holdings Bhd’s unit, Midports Holdings Sdn Bhd (MHSB), has inked a memorandum of understanding (MoU) with SPG Qingdao Port Group Co Ltd (SQPG) for the development of a “Smart AI Container Port” in Port Dickson, Negeri Sembilan, and on potential fundraising activities related to the project.

Selangor Launches 'BLAST' To Integrate Local SMEs Into Global Supply Chains

SHAH ALAM, July 14 (Bernama) -- Selangor has launched the Invest Selangor Business Linkages and Advancement Programme (BLAST) to build the capacity and competitiveness of local small and medium enterprises (SMEs) and integrate them into high-value global supply chains. 

Diversified Business Model To Keep Dialog Resilient, Says HLIB

KUALA LUMPUR, July 14 (Bernama) -- Dialog Group Bhd is poised to remain highly resilient in a volatile environment, particularly amid the West Asia conflict, thanks to its diversified business model, said Hong Leong Investment Bank Bhd (HLIB).