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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.

AirBorneo Signs MRO Deal With Pratt & Whitney Canada

By Anas Abu Hassan

SINGAPORE, Sept 24 (Bernama) -- Sarawak-owned carrier, AirBorneo Airways has inked a four-year deal with Pratt & Whitney Canada for comprehensive maintenance, repair and overhaul (MRO) services through 2030.

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.

OAG Appoints Former Google EMEA Travel Leader As Non-Executive Director

KUALA LUMPUR, Sept 24 (Bernama) -- OAG, the essential intelligence partner transforming global travel, has announced the appointment of former Google Europe, the Middle East, and Africa (EMEA) Travel leader, David Robles, as a non-executive director.

CPO Futures Close Lower For Third Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downward trend, closing lower for the third consecutive day on Wednesday, in line with weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

REHDA Seeks Enhanced Housing Credit Guarantee Scheme, Stamp Duty Relief In Budget 2027

KUALA LUMPUR, Sept 23 (Bernama) -- Enhancing the Housing Credit Guarantee Scheme (SJKP) and introducing improved financing structures are among the proposals made by the Real Estate and Housing Developers’ Association (REHDA) Malaysia for Budget 2027.

Equativ Becomes Technology Partner For ChatGPT Ads

KUALA LUMPUR, Sept 23 (Bernama) -- Equativ, an independent end-to-end media platform, has become a technology partner of ChatGPT Ads, enabling brands and agencies to advertise on the platform through bespoke ad formats, layouts and messaging tailored to different stages of the customer journey.

Unmanned Store Concept Helps Micro-entrepreneur Lower Operating Costs

By Mohamad Syazwan Mustafa

JOHOR BAHRU, Sept 23 (Bernama) -- The use of small retail spaces, cashless payment systems, and closed-circuit television (CCTV) monitoring is enabling micro-entrepreneurs to explore the unmanned store concept as a strategy to lower operating costs.

CPO Futures End Lower Tracking Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, tracking weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

Internal Auditors Must Reskill As AI, Data Analytics Transform Profession

KUALA LUMPUR, Sept 21 (Bernama) -- Internal auditors need to continuously reskill in artificial intelligence (AI), data analytics and emerging technologies as the profession evolves from a traditional compliance-focused function into a more strategic advisory role.

BNM Expected To Keep OPR At 2.75 Pct In Upcoming November Meeting

KUALA LUMPUR, Sept 21 (Bernama) -- Apex Securities Bhd expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) on hold at 2.75 per cent at its upcoming Monetary Policy Committee (MPC) meeting in November.