11h ago
KUALA LUMPUR, Nov 6 (Bernama) -- Insurance and takaful operators (ITOs) may review, withdraw or restrict a healthcare provider’s cashless privileges where it fails to comply with agreed contractual terms, claims procedures or other applicable requirements.
16h ago
KUALA LUMPUR, Nov 6 (Bernama) -- Only 13 per cent of internal combustion engine (ICE) vehicles have flood insurance coverage compared with 50 per cent of electric vehicles (EVs), according to Insurance Services Malaysia (ISM) data from 2022 to the second quarter of 2026.
16h ago
KUALA LUMPUR, Nov 6 (Bernama) -- A total of 12 insurance policies involving Malaysians affected by the floods and landslides in Nepal have been fully settled by insurance companies, according to the General Insurance Association of Malaysia (PIAM).
1d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's minimum wage policy cannot be viewed in isolation but should be seen as complementing the targeted assistance, subsidy rationalisation and affordable healthcare measures to ensure workers' income gains translate into improved household well-being, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
4d ago
KUALA LUMPUR Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL will assess conditions in West Asia as it plans next year’s schedule, with no immediate plans to rotate races if the regional conflict is prolonged, its deputy chief executive officer (CEO) Carlos Ezpeleta said.
7d ago
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has published its analysis of 17 insurance markets in Asia Pacific, assessing the economic, political and financial system risks in each, to coincide with the Singapore International Reinsurance Conference.
7d ago
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.
9d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
10d ago
KUALA LUMPUR, Oct 27 (Bernama) -- LPI Capital Bhd’s net profit fell 15.7 per cent to RM96.82 million in the third quarter (3Q) ended Sept 30, 2026, from RM114.83 million a year earlier, due to lower profit from its investment holding segment.
11d ago
KUALA LUMPUR, Oct 26 (Bernama) -- Singapore Exchange Mainboard-listed TeleChoice International Ltd’s unit Planet Telecoms Managed Services Sdn Bhd (PTMS) will continue providing end-to-end supply chain services to U Mobile Sdn Bhd after renewing a contract valued at an estimated S$1.3 billion (S$1=RM3.19).