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MAHB LTW 2024 Campaign Records Over RM200 Mln In Sales

KUALA LUMPUR, April 24 (Bernama) -- Malaysia Airports Holdings Bhd’s (MAHB) Licence to Win (LTW) 2024 campaign has recorded over RM200 million in total sales receipts.

IMF Cuts Malaysia 2025 GDP To 4.1 Pct On Regional Slowdown

KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.

Duck Creek Technologies Welcomes General Daniel Hokanson To Board

KUALA LUMPUR, April 16 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has announced the appointment of retired United States (US) Army General Daniel Hokanson to the company’s board of directors.

Global Consumer Tech Market To Reach US$1.29 Trillion By 2025, NIQ Reports

KUALA LUMPUR, April 3 (Bernama) -- Global Consumer Tech & Durables sales are projected to reach US$1.29 trillion in 2025, driven by emerging markets, replacement cycles, and premium innovation, according to NielsenIQ’s (NIQ) latest Consumer Tech Industry Trends 2025 report.

Malaysia To Expand Flight Connectivity To Europe - Loke

SEPANG, April 2 (Bernama) -- Malaysia is working towards expanding its flight connectivity to Europe, said Transport Minister Anthony Loke.

AM Best Affirms Strong Credit Ratings For Taiwan's Nan Shan General

KUALA LUMPUR, April 2 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.

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.