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By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Dec 19 (Bernama) -- Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.
KUALA LUMPUR, Dec 4 (Bernama) -- The government will continue to balance efforts to strengthen the country’s financial position to be more sustainable while ensuring that fiscal policies continue to support the national economic growth momentum, according to Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s insurance and takaful industry saw unprecedented cumulative medical claims cost inflation rate of 56 per cent from 2021 to 2023, according to several associations.
KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.
KUALA LUMPUR, Nov 23 (Bernama) -- The MADANI leadership has witnessed the formation of a new era of inclusivity, integrity, and productive national development, further strengthening Malaysia’s economic and social performance, said Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar.
KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
