KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
KUALA LUMPUR, Dec 20 (Bernama) -- The implementation of interim measures to alleviate the impact of premium adjustments for medical and health insurance/takaful (MHIT) products will be monitored continuously to ensure their effectiveness, according to Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Dec 20 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) today announced interim measures to support policyholders and participants impacted by the recent premium and contribution repricing.
KUALA LUMPUR, Dec 20 (Bernama) -- Bank Negara Malaysia (BNM) has announced interim measures to help manage the impact of medical and health insurance and takaful (MHIT) premium adjustments, with insurers and takaful operators (ITOs) to spread out the changes in premiums over a minimum of three years for all policyholders affected by the repricing.
KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.
KUALA LUMPUR, Dec 19 (Bernama) -- Tune Protect Group Bhd has launched the Delay Lounge Pass, offering access to over 1,500 airport lounges worldwide when flights are delayed by two hours or more, a perk available across AirAsia’s extensive global network.
KUALA LUMPUR, Dec 19 (Bernama) -- Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
KUALA LUMPUR, Dec 18 (Bernama) -- Medical insurance or takaful policyholders are urged to consider alternatives such as exploring policy adjustments or reviewing the existing coverage before terminating their policies.
