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Putra Heights Incident Boosts Insurance Awareness, Growth – Liberty CEO

KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Oversupply, Price Pressures Stall Glove Industry Recovery - PublicInvest

KUALA LUMPUR, June 6 (Bernama) -- The Malaysian glove sector remains under pressure as persistent oversupply, cautious customer sentiment, and pricing competition continue to weigh on recovery prospects.

Duck Creek Technologies To Drive Core Insurance Modernisation At Capricorn Mutual

KUALA LUMPUR, June 5 (Bernama) -- Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, has announced a new strategic partnership with Capricorn Mutual, the insurance arm of one of Australia and New Zealand’s largest member-owned organisations, Capricorn.

Allianz Life, HSBC Launch EliteDiamond To Address Legacy Planning Needs

KUALA LUMPUR, June 4 (Bernama) -- Allianz Life Insurance Malaysia Bhd and HSBC Bank Malaysia Bhd have expanded their partnership with the launch of HSBC’s EliteDiamond, an investment-linked plan targeting the rising demand for legacy planning among high-net-worth individuals.

Mavenir Partners Three UK, Red Hat To Double 5G Speeds In Open RAN Trial

KUALA LUMPUR, June 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has collaborated with Three UK and Red Hat in demonstrating the performance benefits of 5G non-standalone O-RAN compliant small cells in Glasgow City Centre, doubling 5G speeds at peak times.

IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans

KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025). 

U Mobile Appoints CIMB As Loan Coordinator For RM4 Bln 5G Funding

KUALA LUMPUR, May 31 (Bernama) -- U Mobile has appointed CIMB as the company’s loan coordinator and mandated lead arranger to facilitate and arrange financing of up to RM4 billion to support the nationwide deployment of its cutting-edge 5G network infrastructure.

Malaysia's Headline Inflation Unchanged At 1.4 Pct In April - BNM

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's headline inflation remained unchanged at 1.4 per cent in April 2025, while core inflation edged up to two per cent from 1.9 per cent in March 2025, according to Bank Negara Malaysia (BNM).

CIMB Bank Partners With UnionPay To Enhance Payment Services In Malaysia

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd has signed a memorandum of understanding (MoU) with UnionPay International (UPI) to enhance payment services in Malaysia.