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Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Penang Eyes Direct Jinan-Penang Flights To Strengthen Air Connectivity With Northern China

GEORGE TOWN, June 23 (Bernama) -- The Penang government is exploring the possibility of launching direct flights between Jinan and Penang as part of its efforts to strengthen air connectivity with northern China and expand the state’s tourism market reach.

Govt To Study B50 Implementation As It Weighs Cost Of Upgrading Blending Depots

KUALA LUMPUR, June 23 (Bernama) -- The government will study the feasibility of implementing B50 biodiesel usage, following the need for a comprehensive upgrade of existing blending depots, which is expected to involve significant costs, according to the Ministry of Plantation and Commodities (KPK).

Malaysia-Bangladesh FTA Targeted For Conclusion In 2027

KUALA LUMPUR, June 22 (Bernama) -- The Malaysia-Bangladesh Free Trade Agreement (MBFTA) is targeted to be concluded in 2027 as a mutually beneficial, comprehensive and forward-looking agreement that reflects current global trading practices.

AirAsia X Reviewing Fares Weekly, Signals More Price Cuts As Fuel Costs Fall

KUALA LUMPUR, June 22 (Bernama) -- AirAsia X Bhd expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia. 

Indonesia's New Palm Oil Export Framework Draws Close Watch From Malaysia, Global Markets

JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.

Petronas Marks 30 Years In Turkmenistan, Signs New Agreements To Advance Strategic Growth 

From Sharifah Hunaini Syed Ismail

ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.

Malaysia Could Contribute Up To 20 Pct Of Gentari’s RE Capacity In Five To 10 Years

By Muhammad Fawwaz Thaqif Nor Afandi

KUANTAN, June 19 (Bernama) -- Gentari Sdn Bhd expects Malaysia to contribute between 10 and 20 per cent of its renewable energy (RE) capacity over the next five to 10 years, underpinned by stronger domestic growth prospects and supportive government policies.

Airlines Should Review Route Profitability Under High Fuel Price Scenarios-- Alton

KUALA LUMPUR, June 19 (Bernama) -- Airlines should conduct a route-level fuel sensitivity analysis to identify routes that could become uneconomic under different fuel price scenarios, said Alton Aviation Consultancy, a global advisory firm serving the aviation and aerospace industries.

VS Industry Posts Net Loss Of RM32.91 Mln In 3Q 2026 Due To Lower Orders

KUALA LUMPUR, June 19 (Bernama) -- VS Industry Bhd recorded a net loss of RM32.91 million in the third quarter ended April 30, 2026 (3Q 2026) from a net profit of RM23.77 million posted in the same quarter last year.

Moody’s Lifts Malaysia’s Outlook To A3 Stable On AI-Related Growth

KUALA LUMPUR, June 19 (Bernama) -- Moody’s Ratings has modestly raised its forecasts for Malaysia to A3 with a stable outlook, due to its exports of artificial intelligence (AI)-related goods.

Malaysian Re, China Re Life Sign Landmark Treaty For Cancer Treatment Coverage

KUALA LUMPUR, June 18 (Bernama) -- National reinsurer Malaysian Reinsurance Bhd (Malaysian Re) and China Reinsurance Life Insurance Company Ltd (China Re Life) have signed a landmark reinsurance treaty to support the first dedicated reinsurance framework for cancer precision medicine (CPM) treatment coverage in Malaysia.