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Takaful Industry Distributes RM10.20 Bln In Benefits In 2024 – MTA

KUALA LUMPUR, April 16 (Bernama) -- The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, according to the Malaysian Takaful Association (MTA).

Anwar: ASEAN To Act As One On US Tariffs

BUTTERWORTH, April 12 (Bernama) -- Malaysia will leverage its strong ties with the United States, Europe, China and ASEAN to seek a resolution to the US retaliatory import tariffs, Prime Minister Datuk Seri Anwar Ibrahim said.

Cahya Mata Sarawak Maintains Operational Momentum Amid Ongoing Legal Proceedings

KUCHING, April 12 (Bernama) -- Cahya Mata Sarawak Bhd (CMS) continues to demonstrate notable improvements in operational performance despite ongoing legal proceedings, according to its group general counsel Izzam Ibrahim.

Megah Port Management Spreads Festive Cheer At Aidilfitri Open House

LABUAN, April 12 (Bernama) -- Labuan container port operator, Megah Port Management Sdn Bhd (MPM), hosted its annual Hari Raya Aidilfitri open house at the Labuan Liberty Port, bringing together over 1,000 guests from various economic sectors and backgrounds.​

Sapura Energy Secures RM40 Mln Offshore Facilities Contract

KUALA LUMPUR, April 9 (Bernama) -- Sapura Energy Bhd’s wholly owned subsidiary, Sapura Fabrication Sdn Bhd, has secured a RM40 million contract for maintenance, construction and modification services for offshore facilities in Peninsular Malaysia.

Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

Sub-Regional Development Will Make Southeast Asia More Economically Independent - Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.

BNM: Export-oriented ASEAN SMEs Stand To Lose US$237.5 Bln In Revenue Without Sustainable Practices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.

National Scam Response Efforts Show Promising Start In Malaysia

By Siti Baaqiah Mamat

KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).

Megah Port Reaffirms Commitment To Efficiency, Strengthens Ties With Labuan Port Authority

By Jailani Hasan

LABUAN, April 8 (Bernama) -- Labuan’s container port operator Megah Port Management Sdn Bhd (MPM) has reaffirmed its commitment to delivering efficient, high-quality cargo handling services while working closely with its regulatory partner, the Labuan Port Authority (LPA).

AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (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) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.

ASNB Declares Income Distribution Payout Of RM2.18 Bln For FY2025

KUALA LUMPUR, March 27 -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), distributed a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).