1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday supported by the rebound of soybean oil in the Dalian Commodity Exchange and Zhengzhou Commodity Exchange rapeseed oil futures, said a trader.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 23 (Bernama) -- The local rubber market closed lower on Monday, in tandem with the downtrend in regional rubber futures markets, a dealer said.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd has confirmed that it is embarking on a chief executive officer (CEO) succession plan. This addresses media reports that its current CEO and executive director, Datuk Muhamad Umar, is considering leaving the company.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, supported by a decline in the US Dollar Index (DXY) last Friday, according to an economist.
1y 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.
1y 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.
1y ago
SUBANG, Dec 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia’s commitment to strengthening ASEAN-Gulf Cooperation Council (GCC) ties, highlighting the importance of cohesive engagement between member states and ensuring ASEAN remains relevant in addressing global challenges.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to stay in consolidation mode next week until new catalysts emerge.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Bursa Malaysia is expected to maintain its sideways pattern next week until new catalysts emerge, according to Rakuten Trade Sdn Bhd.
1y 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.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 20 (Bernama) -- Shares on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.
1y 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.