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New Cost Adjustment Mechanism Ensures More Transparency In Electricity Tariff Reviews - Fadillah

KUALA LUMPUR, July 29 (Bernama) -- The Automatic Fuel Adjustment (AFA), the new adjustment mechanism for electricity tariffs in Peninsular Malaysia, is aimed at ensuring tariff reviews are more transparent and in line with the global fuel market reality, according to Deputy Prime Minister Datuk Seri Fadillah Yusof.

Household Debt At RM1.65 Trillion At End-March 2025 - Lim Hui Ying

KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).

MITI Mulls Incentives For KRC Investors Using Local Ports

KUALA LUMPUR, July 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is considering incentives for investors that maximise the use of local ports, particularly in Penang and Kuala Perlis.

Govt To Continue Monitoring Food Prices Post-SST Expansion

KUALA LUMPUR, July 23 (Bernama) -- The government will continue monitoring prices of goods, especially food items, to ensure that the cost of living does not increase following the expansion of the Sales and Service Tax (SST) which comes into force this month, said Deputy Finance Minister Lim Hui Ying.

AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

iHerb Launches California Gold Nutrition Beauty Line For Holistic Hair Health

KUALA LUMPUR, May 23 (Bernama) -- iHerb, a global leader in health and wellness products, has introduced California Gold Nutrition BEAUTY, a new holistic self-care line focused on promoting wellness from within.

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.

China’s TMNCH Credit Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).

Seven Pahang GLCs Report Profits In 2023

KUANTAN, April 22 (Bernama) -- Seven Pahang government-linked companies (GLCs) recorded profits in 2023 based on audited financial statements, Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail told the state legislative assembly today.

Sirehemas Targets Sales Of 236,000 Units Across Malaysia, Indonesia, Singapore

KUALA LUMPUR, April 15 (Bernama) -- Sirehemas Pharma Sdn Bhd (Sirehemas), in collaboration with Euglena Co Ltd (Euglena), aims to sell more than 236,000 units of its latest health products — Euglena Royal Algae Drink and Euglena Collagen Shot - across Malaysia, Indonesia and Singapore this year.

Labuan Poised To Become Southeast Asia’s Next Tuna Port 

LABUAN, April 10 (Bernama) -- Labuan is emerging as a strong contender to become a major tuna port hub for Southeast Asia, thanks to its strategic location, deep-water harbour and the presence of key government agencies that support fisheries and export operations.