| LATEST NEWS | The number of SARA Business Partners has risen to 11,300 stores nationwide as of Feb 28, 2026, from only 700 in 2024 - Amir Hamzah | As of March 1, ringgit rose to RM3.89 against the US dollar on firm domestic fundamentals -- Amir Hamzah | Amendment to PM term limit ensures country's leadership is always renewed, as well as order and stability - PM Anwar | Proposed constitutional amendment on PM term limit does not affect King's prerogative powers - PM Anwar | Malaysia will leverage its good relations with China and Russia to voice calls for an end to attacks on Iran – PM Anwar | |
KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.
KUALA LUMPUR, March 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has appointed Marcus Portbury as Regional President, Asia Middle East (AME), and, subject to regulatory approval, as Chief Executive of its Hong Kong Branch.
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
KUALA LUMPUR, Feb 25 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a higher net profit of RM529.58 million in the third quarter of the financial year ending March 31, 2026 (3Q FY2026) compared with RM486.49 in the same period last year.
KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir, the network software provider building artificial intelligence (AI)‑driven mobile infrastructure, announced that Tune Talk has completed its evolution into a fully independent, cloud-native mobile network operator (MNO).
KUALA LUMPUR, Feb 23 (Bernama) -- Coventry has announced a new category-exclusive national sponsorship agreement with the National Association of Insurance and Financial Advisors (NAIFA), under which it will serve as NAIFA’s exclusive Gold sponsor in the life settlement category.
KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
KUALA LUMPUR, Feb 23 (Bernama) -- Former Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has dismissed claims that Malaysia has been paying close to double the tariffs imposed on other countries by the United States (US), describing the allegation as inaccurate.
KUALA LUMPUR, Feb 13 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM150.97 million in the third quarter ended Dec 31, 2025 (3Q FY2026) compared with the year-ago earnings of RM115.86 million.
