AM Best Affirms Vietnam’s BIC Credit Ratings With Stable Outlook

KUALA LUMPUR, Sept 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of BIDV Insurance Joint Stock Corporation (BIC).

Budget 2027: LIAM Calls For 8 Pct Service Tax Exemption, Review Of Reinsurers’ Tax Treatment

KUALA LUMPUR, Sept 25 (Bernama) --  The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.

PMB Investment Declares 4.0 Sen For Shariah Premier Fund

KUALA LUMPUR, Sept 25 (Bernama) -- PMB Investment Bhd has announced annual income distributions of four sen per unit for the PMB Shariah Premier Fund and 3.20 sen per unit for the PMB Shariah Equity Fund for their respective financial years ended Aug 31, 2026 and Aug 30, 2026.

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Friday, amid mixed movements in global foreign exchange markets.

Gold Futures Close Lower Due To Stronger US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a stronger US dollar continued to weigh on the precious metal.

Extensive Rail Networks, Higher Renewable Capacity Can Cushion Malaysia Against Oil Shocks -- Tengku Muhammad Fa-iz Petra

KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.

Bursa Malaysia Ends Lower On Rising Oil Prices, Elevated Bond Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.

Rubber Market Maintains Upward Trend To Track Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 24 (Bernama) -- The Kuala Lumpur rubber market remained on an upward trend, closing higher on Thursday, tracking gains in regional rubber futures, said a dealer.

Financing For Priority Sectors Still Modest Despite Policy Ambitions -- BNM Governor

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.

Samsung P/C China Credit Ratings Affirmed At Excellent - AM Best

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.

MBSB IB Retains RM4,400 CPO Price Target For 2026 As El Niño Threat Looms

KUALA LUMPUR, Sept 24 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its projection for the average crude palm oil (CPO) price at RM4,400 per tonne for 2026, supported by concerns over tightening supply as hotspots surge across the region.

Housing Affordability Should Reflect Overall Cost Of Living - Propertyguru

KUALA LUMPUR, Sept 24 (Bernama) -- Housing affordability should be assessed based on the overall cost of living, including rent or mortgage payments, transport, utilities, maintenance and access to everyday needs, said online property marketplaces.