AM Best Assigns B++ Financial Strength Rating To Beibu Gulf Insurance

KUALA LUMPUR, Sept 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Beibu Gulf Property & Casualty Insurance Company Ltd (Beibu Gulf Insurance).

Penang Welcomes 285,400 Medical Tourists, Generates RM601.8 Mln In 1H 2026

GEORGE TOWN, Sept 30 (Bernama) -- Penang attracted about 285,400 medical tourists and generated RM601.8 million in medical tourism revenue in the first half (1H) of 2026, according to data from the Malaysia Healthcare Travel Council (MHTC).

Global Air Cargo Demand Up 4.4 Pct In August 2026 - IATA

KUALA LUMPUR, Sept 30 (Bernama) -- Total global air cargo demand, measured in cargo tonne-kilometres (CTK), increased by 4.4 per cent in August 2026 compared with August 2025, with international operations recording a 5.3 per cent increase, according to the International Air Transport Association (IATA).

Gamuda's Share Rises After Posting Record FY2026 Earnings

KUALA LUMPUR, Sept 30 (Bernama) -- Gamuda Bhd’s share price rose in early trade on Wednesday after the company posted a five per cent increase in net profit to RM1.052 billion for the financial year ended July 31, 2026 (FY2026), marking its fifth consecutive year of record earnings.

CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weak regional vegetable oil markets, including the Dalian Commodity Exchange.

MDEC CEO Anuar Fariz Fadzil To Conclude Two-year Tenure

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia Digital Economy Corporation (MDEC) chief executive officer Anuar Fariz Fadzil will conclude his tenure after completing his two-year contract on Oct 2, 2026.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

Bodor Laser Marks 10,000th Machine Production Milestone

KUALA LUMPUR, Sept 29 (Bernama) -- Bodor Laser has reached a new production milestone, with its 10,000th machine of 2026 officially rolling off the production line, reflecting continued expansion of its manufacturing capacity and ability to coordinate production, quality control, delivery and customer support as its global installed base grows.

Gamuda FY2026 Net Profit Rises To RM1.05 Bln, Domestic Construction Earnings Surge 49 Pct

KUALA LUMPUR, Sept 29 (Bernama) -- Gamuda Bhd's net profit increased by five per cent to RM1.052 billion for the financial year ended July 31, 2026 (FY2026), marking its fifth consecutive year of record earnings.

MIHAS 2026 Sales Surge 12.0 Pct To RM6.78 Bln - MATRADE

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia International Halal Showcase (MIHAS) 2026 has delivered a strong four-day performance with total sales of RM6.78 billion -- an increase of RM730 million or 12.0 per cent from RM6.05 billion recorded in 2025.

Bursa Opens Lower On Wall St Weakness As Rising Oil Prices, US Bond Yields Weigh

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday, tracking weaker Wall Street performance overnight as rising crude oil prices and US bond yields weighed on sentiment.

CPO Futures Close Mixed On Inventory Concerns, Sluggish Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed on Monday, as concerns over rising inventories and sluggish demand were partly offset by support from rival vegetable oils and crude oil prices.