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Bursa Malaysia Updates Sustainability Reporting To Align With NSRF

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Securities Bhd has updated its sustainability reporting requirements in the Main Market and ACE Market listing requirements to align with the National Sustainability Reporting Framework (NSRF).

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

FPAM Welcomes BNM Premium Cap - Urges Long-term Healthcare Solution

KUALA LUMPUR, Dec 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent. 

Govt To Monitor Implementation Of Interim Measures Related To MHIT Products -- Lim

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.

ITOs To Spread Out Change In Premiums Over A Minimum Of Three Years -- BNM

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.

New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship

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.

Palm Oil Market Faces Uncertainties Amid Weather Challenges, Supply Constraints

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

MRL, CCCECRL Jointly Operate And Maintain ECRL Project

PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.

Malaysia’s Non-life Insurance Sector Remains Stable Despite Climate Risks - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.

Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape

KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.

CPO Futures End Lower Due To Profit-Taking After Recent Rally

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower due to profit-taking activities after the recent rally in the past few days.