KUALA LUMPUR, April 17 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has strengthened Malaysia’s global trade with the signing of a US$20 million (RM87.80 million) supplier financing facility agreement with Pertama Ferroalloys Sdn Bhd to support the expansion of the company’s production capacity in Bintulu, Sarawak.
KUALA LUMPUR, April 16 (Bernama) -- The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, according to the Malaysian Takaful Association (MTA).
BAGAN SERAI, April 10 (Bernama) -- Bank Pertanian Malaysia Bhd (Agrobank) has targeted 18 of its branches to utilise solar power by the end of this year.
By Zufazlin Baharuddin
KUALA LUMPUR, April 4 (Bernama) -- The Public Accounts Committee (PAC) will conduct five more closed proceedings this month regarding the increase in health insurance premiums, private hospital charges, and the impact on public health before preparing a comprehensive report for presentation during the parliamentary session in June.
KUALA LUMPUR, April 2 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) is donating RM100,000 to aid victims affected by the gas pipe burst tragedy in Putra Heights, according to a statement from Takaful Malaysia.
KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) together with its member takaful operators stand united in support of Putra Heights explosion victims by mobilising emergency support for affected communities.
KUALA LUMPUR, April 1 (Bernama) -- Maybank’s insurance and takaful arm, Etiqa, announced it would cover all eligible motor, personal accident, retail fire, homeowners and householders insurance customers affected by the Putra Heights Explosion incident.
KUALA LUMPUR, March 25 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has reaffirmed its commitment to Bank Negara Malaysia’s (BNM) interim measures despite recent reports that it is increasing health insurance premiums.
KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
KUALA LUMPUR, March 24 (Bernama) -- Anti-money laundering and countering financial terrorism were among the most enforcement actions taken by Bank Negara Malaysia (BNM) in 2024, with total monetary penalties imposed on institutions amounting to RM18.9 million.
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.
