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KUALA LUMPUR, Sept 13 (Bernama) -- The Ministry of Finance (MOF) has taken note of a compensation claim amounting to approximately RM4.2 billion filed by four companies against DBS Bank Ltd at the Singapore High Court.
KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”
By K. Naveen Prabu
KUALA LUMPUR, Sept 11 (Bernama) -- Rising healthcare utilisation is emerging as a key contributor to Malaysia’s medical claims inflation, highlighting the need for greater efficiency, transparency and collaboration across the healthcare ecosystem to keep medical protection affordable and sustainable, according to the Life Insurance Association of Malaysia (LIAM).
KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.
KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.
KUALA LUMPUR, Sept 10 (BERNAMA) -- Alam Maritim Resources Bhd’s group managing director and group chief executive officer Datuk Azmi Ahmad has been placed on leave, while the company assured that its operations will continue as usual with no disruption.
KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia Airlines flight MH1 from London Heathrow (LHR) to Kuala Lumpur (KUL), scheduled for Sept 9, 2026, has been cancelled following a widespread technical disruption affecting the United Kingdom’s (UK) air traffic control system.
KUALA LUMPUR, Sept 8 (Bernama) -- Local companies of all sizes need to accelerate automation in operations and production as the future supply of foreign workers is unlikely to match current levels, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
From Samantha Tan Chiew Tieng
SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.
KUALA LUMPUR, Sept 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Taiwan’s non-life insurance segment amid the implementation of Taiwan Insurance Solvency (TIS), IFRS 17, and consistent premium expansion across retail and commercial lines.
KUALA LUMPUR, Aug 27 (Bernama) -- Double-digit medical claims growth is expected to persist in the near term following a 12.28 per cent rise in claims inflation in 2025, driven mainly by more insured individuals seeking treatment at private hospitals.
KUALA LUMPUR, Aug 27 (Bernama) -- iFAST Global Bank (iFAST GB) has launched an enhanced rewards campaign with 1.5 per cent cashback on eligible Worldwide Scan & Pay transactions, giving customers greater value from their everyday and travel spending.
