6m ago
GEORGE TOWN, Jan 7 (Bernama) -- Penang has achieved several significant milestones in 2024, showcasing strong economic growth and social development, including attracting investments totalling RM31.38 billion.
6m ago
KUALA LUMPUR, Dec 31 (Bernama) -- LYC Healthcare Bhd (LYC) has announced plans to list its subsidiary, LYC Healthcare (Cayman) Ltd (LYC Cayman), on the Nasdaq Capital Market.
6m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.
7m ago
KUALA LUMPUR, Dec 23 (Bernama) -- Global employee benefits specialist, Pacific Prime CXA’s Flex Portal was honoured with the Bronze Award for Best HR Management System (SMB) at the HR Vendors of the Year Awards, presented by Human Resources Online in Singapore.
7m ago
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.
7m ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent.
7m ago
KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
7m ago
KUALA LUMPUR, Dec 20 (Bernama) -- The implementation of interim measures to alleviate the impact of premium adjustments for medical and health insurance/takaful (MHIT) products will be monitored continuously to ensure their effectiveness, according to Deputy Finance Minister Lim Hui Ying.
7m ago
KUALA LUMPUR, Dec 20 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) today announced interim measures to support policyholders and participants impacted by the recent premium and contribution repricing.
7m ago
KUALA LUMPUR, Dec 20 (Bernama) -- Bank Negara Malaysia (BNM) has announced interim measures to help manage the impact of medical and health insurance and takaful (MHIT) premium adjustments, with insurers and takaful operators (ITOs) to spread out the changes in premiums over a minimum of three years for all policyholders affected by the repricing.
7m ago
KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).
7m ago
KUALA LUMPUR, Dec 20 (Bernama) -- In light of recent floods across Malaysia, IHH Healthcare Group is donating RM1 million to the Malaysian Red Crescent Society (MRCS) and MERCY Malaysia, with RM500,000 allocated to each organisation to support critical relief efforts and address the widespread post-flood impacts.