WEF Highlights Malaysia’s EPF As Model For Sustainable Retirement Reform

KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.  

Allianz Life Strengthens Gender Equality Efforts With #SheSecures

KUALA LUMPUR, March 27 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) is strengthening its commitment to empowering and uplifting women by broadening its reach in Malaysia through its exclusive women’s programme #SheSecures.

Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts

KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.

Malaysia’s Currency In Circulation Rises 5.5 Percent To RM170.7 Bln In 2024

KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.

Malaysia's Ogse Players Must Tap Energy Transition Expertise To Reach Consumer Markets -- Rafizi

KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.

SC: MyCIF’s Total Funds Raised Via ECF, P2P Grows To RM2.6 Bln In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF)’s total funds raised through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms grew to RM2.6 billion in 2024 from RM2.2 billion in 2023.

Jewellery Makers Continue To Shine Despite Soaring Gold Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.

BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

ASEAN Should leverage RCEP, FTAs To Mitigate economic Risks From US Tariffs 

KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.