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Mercedes-Benz Malaysia Introduces New CLA 200 AMG Line, Electric GLC 300 4MATIC

From Anas Abu Hassan

SINGAPORE, Sept 14 (Bernama) -- Mercedes-Benz Malaysia on Monday unveiled the all-new Mercedes-Benz CLA 200 AMG Line for the Malaysian market, which will be locally assembled in Pekan, Pahang.

Anwar’s Kishore Kumar Rendition Makes Waves In India As BRICS Visit Boosts Diplomatic, Investment Ties

From M.Saraswathi and R.Ratcharathan

NEW DELHI, Sept 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s rendition of Kishore Kumar’s classic “Khwab Ho Tum Ya Koi Haqeeqat” may have struck a chord with Indians, going viral on social media, but his participation in the 18th BRICS Leaders’ Summit here was firmly focused on strengthening Malaysia’s diplomatic ties and advancing investment and economic engagements.

DSR Taiko, PKNP Ink MoU To Authenticate, Certify Pahang Musang King

KUALA LUMPUR, Sept 14 (Bernama) -- DSR Taiko Bhd plans to collaborate with the Pahang State Development Corporation (PKNP) to establish a verified origin standard and digitising export traceability for Musang King durians originating from Pahang.

Malaysia Stronger Today After Major Fiscal Reforms - SC Chairman

KUALA LUMPUR, Sept 14 (Bernama) -- Malaysia is in a stronger position than a decade ago, thanks to major fiscal decisions by the government, such as subsidy cuts and a focus on economic development, said Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi.

IHH's Share Price Up 1.43 Pct Despite Fortis Mandatory Tender Offer Approval Delay

KUALA LUMPUR, Sept 14 (Bernama) -- IHH Healthcare Bhd’s share price rose 1.43 per cent to RM7.77 despite the company reporting losses stemming from delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare.

MOF Has Taken Note Of Four Companies’ RM4.2 Bln Claim Against DBS Bank

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.

PM Anwar’s Rendition Of Kishore Kumar Song Strikes A Chord In India

From Saraswathi Muniappan

NEW DELHI, Sept 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim may have been in New Delhi for high-level diplomacy but his rendition of Kishore Kumar’s classic “Khwab Ho Tum Ya Koi Haqeeqat” struck a different chord, drawing positive reactions from many Indians.

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).

Bursa Malaysia Remains Lower At Midday Amid Selling Pressure

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by continued selling pressure in most heavyweight counters in line with weaker regional performance amid surging oil prices due to ongoing US-Iran tensions.

Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce

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.

Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo

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.