KUALA LUMPUR, Sept 24 (Bernama) -- Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Sept 24 (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 Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China), with a stable outlook.
KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.
KUALA LUMPUR, Sept 23 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld) shares were mixed in early trade, following its announcement to dispose of two industrial land parcels in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.01 billion.
By Anas Abu Hassan
SINGAPORE, Sept 22 (Bernama) -- Singapore’s financial conditions have been broadly supportive despite a mixed global backdrop, supported by easing borrowing costs, tighter credit spreads and a pickup in bank credit growth, according to the Monetary Authority of Singapore (MAS).
KUALA LUMPUR, Sept 21 (Bernama) -- AmFIRST Real Estate Investment Trust (AmFIRST REIT) unit holders today approved the proposed RM331 million disposal of Menara AmBank, paving the way for the REIT to pursue new acquisitions, including hospital-related assets.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Sept 19 (Bernama) -- The Kuala Lumpur rubber market is expected to remain steady in prices and demand, with a slight downward bias next week amid higher costs, geopolitical uncertainties and a manageable supply-demand balance, said industry expert Denis Low.
KUALA LUMPUR, Sept 18 (Bernama) -- Capital A Bhd has proposed a capital structure optimisation exercise involving the potential market-driven divestment of its 99.56 per cent-owned BigPay Pte Ltd and the orderly and planned distribution of its 13.6 per cent equity stake in Tune Protect Group Bhd.
KUALA LUMPUR, Sept 17 (Bernama) -- Capital A Bhd and AirAsia Group Bhd emerged among the top three active counters, following reports of potential government intervention in AirAsia’s domestic operations amid concerns over its financial health.
By M.Saraswathi
KUALA LUMPUR, Sept 16 (Bernama) -- Twelve years ago, I was a correspondent based in New Delhi, India, a city that operates to its own peculiar character and rhythm.
KUALA LUMPUR, Sept 15 (Bernama) -- Electricity consumers have received rebates totalling RM3.1 billion since the introduction of the Automatic Fuel Adjustment (AFA) mechanism on July 1, 2025, compared to surcharges of RM800 million imposed during the same period, said Tenaga Nasional Bhd (TNB).
PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) is seeking more balanced and strategic allocations under Budget 2027 to spur development in less-developed areas of the northern region and support growth in sectors beyond manufacturing.
