IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors

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.”

Higher Healthcare Utilisation Adds To Medical Claims Inflation -- LIAM

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).

RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

Ringgit Firmer Against US Dollar Ahead Of US CPI Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.

Rubber Market Ends Mixed

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 10 (Bernama) -- The rubber market ended mixed today, tracking regional rubber futures and domestic natural rubber production, a dealer said.

Petronas Awards Estuary Cluster PSC, Hands Over Mutiara Cluster Seismic Data

KUALA LUMPUR, Sept 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.

DHCG Opens Shanghai Office To Expand China Biopharma Services 

KUALA LUMPUR, Sept 10 (Bernama) -- Dark Horse Consulting Group (DHCG), a life sciences consulting firm, has opened an office in Shanghai to expand its advisory services to biotherapeutic developers in China.

Financing Reform Must Keep Pace With Rising Healthcare Needs -- Mohd Shahar

KUALA LUMPUR, Sept 10 (Bernama) -- Financing reform must keep pace with rising healthcare needs, providing affordable access across the life course with public resources being used strategically and vulnerable groups protected, said Deputy Economy Minister Datuk Seri Mohd Shahar Abdullah.

PNB Invests Nearly RM570 Mln Since 1996 To Develop Malaysia's Talent

KUALA LUMPUR, Sept 10 (Bernama) -- Permodalan Nasional Bhd (PNB) has invested nearly RM570 million in education since 1996 through its PNB Scholarship Programme to develop talent that can contribute to the country's progress.

Ringgit Holds Steady Against US Dollar At Opening

KUALA LUMPUR, Sept 10 (Bernama) --The ringgit held steady against the US dollar at Thursday’s opening as investors awaited the release of US consumer price index (CPI) data on Friday.

TNB Genco Continues Investing In Fleet Reliability, Renewables And Storage Pipeline

KUALA LUMPUR, Sept 9 (Bernama) -- TNB Power Generation Sdn Bhd (TNB Genco) continues to invest in the reliability of its existing generation fleet while advancing its renewable and storage pipeline, including a hybrid hydro-floating solar project combining 595 megawatts (MW) of floating solar with 1,190 megawatt-hours (MWh) of battery storage, targeted for completion in 2028.

Analysts Differ On KPJ Healthcare’s Outlook, Majority Stay Positive

KUALA LUMPUR, Sept 9 (Bernama) -- Analysts at investment banks have differing views on KPJ Healthcare Bhd’s outlook as the group navigates a leadership transition while pursuing its strategic roadmap and expansion plans.