1y ago
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.
1y ago
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.
1y ago
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.
1y ago
GEORGE TOWN, Dec 20 (Bernama) -- Salaam Market, Malaysia’s first wholesale halal marketplace, aims to onboard 10,000 micro, small and medium enterprises (MSMEs) by 2025.
1y ago
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).
1y ago
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.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Lotus Circular Bhd (LCB) has proposed to acquire the entire equity interest in Earthwise Resources Sdn Bhd and the entire equity interest in Expert Resource Management Sdn Bhd for a total purchase consideration of RM100 million.
1y ago
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.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Mah Sing Group Bhd plans to acquire 2.424 hectares of freehold land in Johor Bahru, designated for the development of premium serviced apartments and retail units, with an estimated gross development value (GDV) of RM1.5 billion.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd sees sales growth in 2025 by leveraging China’s recent tax policy shift.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- OSK Holdings Bhd's indirect subsidiary OSK Amanjaya Sdn Bhd, has entered into a sale and purchase agreement with Central Kedah Properties Sdn Bhd to acquire five parcels of land in Sungai Petani, Kedah, for RM72 million.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- Kaspersky has warned that fake Telegram Premium offers have been spreading globally, aiming to steal account credentials or compromise devices.