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Genting Group Stocks Surge Amid RM6.74 Bln Privatisation Plan

KUALA LUMPUR, Oct 14 (Bernama) -- Shares of Genting group of companies emerged among the top gainers in early trade today after Genting Bhd (GENT) announced a proposed RM6.74 billion privatisation of Genting Malaysia Bhd (GENM).

BNM: Base Medical, Health Insurance/Takaful Product Design To Be Finalised By Year-End

KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).

Govt To Galvanise RM470 Bln Resources In Budget 2026 To Fortify Economy Against Global Shocks - PM Anwar

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.

AM Best Affirms Philippines Nat Re's Credit Ratings With Stable Outlook 

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

Armani Group Triumphs At PropertyGuru Asia Awards Malaysia 2025

KUALA LUMPUR, Oct 10 (Bernama) -- Armani Group once again reaffirmed its position as one of Malaysia’s leading luxury property developers after clinching three prestigious awards at the PropertyGuru Asia Awards Malaysia 2025. 

Plantation And Commodities Ministry Allocates RM19 Mln For Cocoa Project

KUALA LUMPUR, Oct 10 (Bernama) – The Plantation and Commodities Ministry, through the Malaysian Cocoa Board (MCB), has allocated RM19 million from 2024 to 2026 for the Cocoa Farm Rehabilitation Project across Malaysia to enhance cultivation as a key source of the country's economy.

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

PIAM Pins Hopes On Budget 2026 To Expand Perlindungan Tenang Voucher To Motorcycles

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.

Motor, Fire Segments Fuel Growth In Malaysia’s General Insurance Industry - PIAM

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).

Metta, Operator Of Chef Wan's Restaurant, Eyes Local And Overseas Expansion After Oasis Acquisition

KUALA LUMPUR, Oct 8 (Bernama) -- Metta Food and Lifestyle Sdn Bhd, the operator of Chef Wan Group of Restaurants, is targeting local and international expansion following the acquisition by Oasis Harvest Corporation for RM30.8 million.

LIAM Seeks Higher Combined Tax Relief In Budget 2026

KUALA LUMPUR, Oct 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) is calling for higher combined tax relief for education, medical, and health insurance, raising the limit from RM4,000 to RM6,000 under the upcoming Budget 2026.

Malaysia Secures Export Sales Worth RM376.14 Mln At 22nd China-ASEAN Expo

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysia Pavilion at the 22nd China-ASEAN Expo (CAEXPO) has recorded total sales of RM376.14 million, according to the Malaysia External Trade Development Corporation (MATRADE).