Malaysian Insurance Sector Set For Major Reforms Under Reset Initiatives

KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.

Stronger Ringgit Timely For New Technology Adoption -- FMM

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit’s roughly 10 per cent appreciation against the US dollar in 2025 has lowered the cost of imported technology and equipment, making it an opportune time to adopt new software and machinery, said ber

99 Speed Mart FY2025 Net Profit Accelerates To RM614 Mln

KUALA LUMPUR, Feb 13 (Bernama) -- 99 Speed Mart Retail Holdings Bhd posted a higher net profit of RM614.20 million for the financial year of 2025 ended Dec 31, 2025, from RM490.27 million the year before.

MNRB's 3Q Net Profit Rises To RM150.97 Mln

KUALA LUMPUR, Feb 13 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM150.97 million in the third quarter ended Dec 31, 2025 (3Q FY2026) compared with the year-ago earnings of RM115.86 million.

UDA Strengthens Market: UDA Heights Receives Warm Reception In Johor

JOHOR BAHRU, Feb 13 (Bernama) -- UDA Holdings Bhd maintains its property development momentum in the Johor market with a warm reception for its premium residential project UDA Heights.

AirAsia X Positions Bahrain As Strategic Hub For Global Network Expansion

From Abdul Hamid A Rahman

MANAMA, Feb 11 (Bernama) -- AirAsia X Bhd (AAX) is advancing its global expansion strategy by positioning Bahrain as a strategic hub to strengthen connectivity between Asia, the Middle East, Europe and Australia.

JCorp Establishes Maiden Sustainable Finance Framework

JOHOR BAHRU, Feb 10 (Bernama) -- Johor Corporation (JCorp), the principal development institution and a leading economic enabler for Johor, has established its maiden sustainable finance framework, the first of its kind by a Malaysian development institution with a diversified, multi-sector portfolio.

UDA Optimistic Malaysian Property Market Will Remain Resilient This Year

KUALA LUMPUR, Feb 6 (Bernama) --  UDA Holdings Bhd is optimistic that the outlook for the domestic property market will remain resilient, with more targeted growth in 2026, driven by various key initiatives implemented by the government to stimulate property ownership and maintain domestic market stability.

BARAKAT, BERKAT Financing Schemes Help MSMEs Navigate Cost Pressures, Say Industry Groups

KUALA LUMPUR, Feb 6 (Bernama) -- Sustained and well-targeted support for micro, small, and medium enterprises (MSMEs) is critical to protect local businesses amid intensifying competition, rising costs and global market volatility, said the Malaysian Employers Federation (MEF).

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Ringgit's Appreciation 'Not Unexpected' As Malaysia's Economy Gets Stronger

SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.

VentureTech Invests In Edtech Firm Tymba To Scale Digital Learning Platform, Expand Across ASEAN

KUALA LUMPUR, Jan 28  (Bernama) -- Investment company VentureTech Sdn Bhd has invested in education technology (edtech) firm Tymba Education Group, which specialises in professional accountancy and finance qualifications.