PIAM Re-Elects Ng Kok Kheng As Chairman For 2026-2028 Term

KUALA LUMPUR, April 30 (Bernama) -- Persatuan Insurans Am Malaysia (PIAM) has re-elected Ng Kok Kheng as its chairman for the 2026-2028 term, effective April 29, 2026. 

Ascend Airways Malaysia Unaffected By UK Unit's Wind-down

KUALA LUMPUR, April 29 (Bernama) -- Ascend Airways Malaysia Sdn Bhd has clarified that its operations remain unaffected by developments involving its United Kingdom (UK)-based counterpart, Ascend Airways Ltd.

Understanding Supply Chain Shocks Amid Hormuz Disruptions is ASEAN's Key Challenge

KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.

AM Best Affirms Guild Insurance Credit Ratings At Excellent

KUALA LUMPUR, April 29 (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 Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.

Malaysia’s Inflation Eases To 1.4 Pct In 2025 -- DOSM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government. 

Malaysia's Rising MHIT Costs Mainly Driven By Higher Healthcare Use -- World Bank

KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.

A&A Sports Group Unveils Insurance, Retirement Initiatives For Athletes

KUALA LUMPUR, April 28 (Bernama) -- A&A Sports Group LLC, led by founder Alander Pulliam, has introduced new initiatives aimed at strengthening player welfare by offering athletes separate insurance and retirement accounts.

Labuan IBFC To Intensify Digital Finance, Islamic Finance, Insurance Growth In 2026

KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.

Labuan IBFC Records US$94 Bln In Total Assets In 2025 - Market Report

KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.

Malaysia's Insurance Sector To Sustain Growth In 1Q 2026 -- MBSB IB

KUALA LUMPUR, April 27 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates Malaysia’s insurance sector to sustain its growth momentum in the first quarter of 2026 (1Q 2026), supported by stronger general and life insurance segments.

Malaysia, Indonesia, Singapore And Thailand Must Resist Attempts To Weaponise Strait Of Melaka

By Harizah Hanim Mohamed

KUALA LUMPUR, April 26 (Bernama) – The commitment by the four littoral states of Malaysia, Indonesia, Singapore and Thailand to resist any attempt to weaponise the Strait of Melaka is now highly critical, as maritime law is being stamped upon and free navigation disrupted, as is happening in the Strait of Hormuz.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.