LPI Capital Net Profit Rises To RM123.94 Mln In Third Quarter
KUALA LUMPUR, Oct 29 (Bernama) -- LPI Capital Bhd’s net profit for the third quarter rose to RM123.94 million from RM97.92 million in the same quarter last year.
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AM Best To Present APAC Benchmarking Study, Mock Rating Committee At Singapore Conference
KUALA LUMPUR, Oct 29 (Bernama) -- Global credit rating agency, AM Best announced it will host Insurance Market Briefing - Singapore International Reinsurance Conference (SIRC) to explore the state of the Asia Pacific (APAC) (re)insurance markets on Nov 5, as part of the 20th annual SIRC event.
EIG’s MidOcean Energy Wraps Up Stake Purchase In Peru LNG
KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).
8x8 CPaaS Chosen To Support CareMonitor Telehealth Infrastructure
KUALA LUMPUR, Oct 24 (Bernama) -- Business communications, customer experience (CX), and communications platform as a service (CPaaS) platform provider, 8x8 Inc announced that CareMonitor has deployed 8x8 CPaaS to support critical patient interactions.
MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains
KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.
PAMB, UNIMAS Jointly Host Sarawak Grads Financial Convention
KUCHING, Oct 23 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB), in partnership with Universiti Malaysia Sarawak (UNIMAS), recently hosted the Sarawak Graduate Financial Convention to improve financial literacy among graduates, aiming to positively impact their lives.
Budget 2025's Higher Tax Relief To Ease Malaysians' Access To Essential Coverage
KUALA LUMPUR, Oct 21 (Bernama) -- The government’s decision to raise individual income tax relief for education and medical insurance premiums to RM4,000, along with expanding medical expense relief to RM10,000, will significantly reduce financial barriers for many Malaysians seeking essential coverage.
Higher Tax Relief On Education, Medical Insurance Will Encourage Better Financial Planning - LIAM
KUALA LUMPUR, Oct 19 Bernama) -- The government's move to increase individual income tax relief on education insurance and medical and health insurance premiums to RM4,000 is seen as a good financial planning incentive to encourage more Malaysians to purchase medical and health insurance plans as well as education policies for their children.
Tax Break Proposed For Labuan Takaful, Islamic Finance - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
Banking Industry Views Budget 2025 As Positive Step Towards Sustainable, Inclusive Economy
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
Budget 2025: EPF Contributions To Be Made Mandatory For Foreign Workers - PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF), said Prime Minister Datuk Seri Anwar Ibrahim.