Etiqa Life Insurance Names Leong Su Yern As New CEO

KUALA LUMPUR, Jan 2 (Bernama) -- Etiqa Life Insurance Bhd (ELIB) has announced the appointment of Leong Su Yern as its new chief executive officer (CEO), effective Jan 1, 2025.

EPIC Wins Major Contract From Petronas, Stays Committed To Developing O&G Business

KUALA TERENGGANU, Jan 2 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) through its subsidiary EPIC OG Sdn Bhd (EOGSB) has secured a five-year contract from Petroliam Nasional Bhd’s wholly owned subsidiary Petronas Carigali Sdn Bhd.

KPMG Malaysia Appoints Foong Mun Kong As Managing Partner

KUALA LUMPUR, Jan 2 (Bernama) -- KPMG Malaysia has appointed Foong Mun Kong as managing partner effective Jan 1, 2025.

MFPC Urges Policyholders To Retain Coverage Amid MHIT Premium Adjustments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.

Gamuda Unit Acquires Freehold Land In Port Dickson For RM424.4 Mln

KUALA LUMPUR, Dec 30 (Bernama) -- Gamuda Bhd’s wholly owned indirect subsidiary, Gamuda DC Infrastructure Sdn Bhd, has entered into a sale and purchase agreement with West Synergy Sdn Bhd to acquire 157.42 hectares of freehold land plots in Port Dickson for RM424.4 million.

Samaiden Shortlisted To Develop 99.99MW Large Scale Solar PV Plant In Kelantan

KUALA LUMPUR, Dec 30 (Bernama) -- Renewable energy (RE) solutions provider Samaiden Group Bhd’s (Samaiden) wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), has been shortlisted for the development of a 99.99-megawatt (MW) large scale solar photovoltaic (PV) plant in Pasir Mas, Kelantan. 

Well-designed Approach For Carbon Market Creates Robust Trading Ecosystem - Engie

KUALA LUMPUR, Dec 29 (Bernama) -- A well-designed approach can be transformative for Malaysia’s carbon markets as it incentivises industries to reduce emissions while creating a foundation for a robust carbon trading ecosystem, said Engie Services Malaysia Sdn Bhd.

MJets Air Buys A Freighter For US$4.6 Mln As Part Of Fleet Expansion Plan

KUALA LUMPUR, Dec 24 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd (MMAG), has acquired a Boeing B737-400SF converted freighter for US$4.6 million (US$1=RM4.49) as part of its plan to expand its fleet to 13 aircraft by the end of 2025.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

KLCC Holdings To Develop Land In Bandar Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC (Holdings) Sdn Bhd (KLCCH) has agreed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd to develop 196.67 hectares (ha) of land in Bandar Malaysia, the site of the former Royal Malaysian Air Force base in Sungai Besi.

Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes

SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.

Exim Bank Named Lender Of The Year At Impact Awards 2024

KUALA LUMPUR, Dec 23 (Bernama) -- Export-Import Bank of Malaysia Bhd (Exim Bank) has been recognised as the “Lender of the Year” for its sustainability-focused finance and investment insights at the recent Impact Awards 2024.