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KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).
KUALA LUMPUR, July 16 (Bernama) -- Jabil Inc, a global leader in engineering, supply chain and manufacturing solutions, has opened its next-generation logistics hub in Penang to strengthen supply chain resilience.
KUALA LUMPUR, July 16 (Bernama) -- The fraud pressure continues to vary significantly by market, with the most notable shift occurring across the Middle East and Africa, according to Accertify's second quarter (Q2) Global Air Travel Fraud Report.
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).
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.
KUALA LUMPUR, July 16 (Bernama) -- CIMB Islamic Bank Bhd and Cagamas Bhd have partnered to execute three landmark transactions totalling RM650 million comprising Malaysia's first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (Sukuk), Islamic Profit Rate Swap (IPRS) and Islamic Asset Purchase Transaction.
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.
KUALA LUMPUR, July 15 (Bernama) -- The government is reminding the public and businesses not to become complacent or underestimate the economic and supply chain impacts following Iran's declaration of the renewed closure of the Strait of Hormuz.
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is not showing signs of a two-speed economy despite heightened global trade tensions and geopolitical uncertainties, with growth continuing to be supported by broad-based contributions from the manufacturing, services and construction sectors.
KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.
