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. 

FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff

KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.

MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums

KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.

Govt, ITOs And Private Hospitals To Contribute RM60 Mln To Accelerate Health Reforms -- BNM

KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).

BNM Urged To Cap Health Insurance, Takaful Premium Hike At 10 Pct Amid Rising Health Inflation

KUALA LUMPUR, Dec 19 (Bernama) -- Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.

Explore Alternatives Before Quitting Medical Insurance, Takaful Plans, Urges FPAM

KUALA LUMPUR, Dec 18 (Bernama) -- Medical insurance or takaful policyholders are urged to consider alternatives such as exploring policy adjustments or reviewing the existing coverage before terminating their policies.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

MTEN Discusses Efforts To Make Malaysia A Regional R&D Hub, Direction Of GovTech -- PM Anwar 

KUALA LUMPUR, Dec 5 (Bernama) -- The National Economic Action Council (MTEN) meeting today reviewed two presentation papers related to efforts to make Malaysia a regional research and development (R&D) hub, as well as the direction of GovTech Malaysia.

FBM KLCI Review: 99 Speed Mart, Gamuda Replace Genting, Genting Malaysia In KLCI Constituent

KUALA LUMPUR, Dec 5 (Bernama) -- 99 Speed Mart Retail Holdings and Gamuda will replace Genting and Genting Malaysia as constituents of FTSE Bursa Malaysia KLCI.

Govt Preparing Additional Revenue Estimates From Introduction Of Dividend Tax -- Lim Hui Ying

KUALA LUMPUR, Dec 4 (Bernama) -- The government is currently preparing the estimates of the additional revenue that will be collected from introducing the two per cent dividend tax, said Deputy Finance Minister Lim Hui Ying.

Bursa Malaysia Ends Higher Amid Strong Interest In Utility, Tech Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia rallied to close broadly higher on Wednesday amid strong buying interests mainly in utility and technology stocks, with the benchmark index gaining 0.44 per cent.

Signing Of JS-SEZ Agreement With Singapore Postponed To Next January - PM Anwar

KUALA LUMPUR, Dec 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement on Dec 9 has been postponed to next January.