2025: Motor Losses, Climate Risks, Digital Shifts Shape General Insurance Landscape

By K. Naveen Prabu

KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s general insurance sector ends 2025 with resilience and underlying fragility.

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

Genting Issues RM255 Mln MTNs To Finance Genting Malaysia Buyout

KUALA LUMPUR, Nov 27 (Bernama) -- Genting Bhd, via its wholly owned unit Genting RMTN Bhd, has issued RM255 million in nominal value of medium-term notes (MTNs) under its MTN programme to part-finance the acquisition of all remaining ordinary shares in Genting Malaysia Bhd.

Sunway Malls Brings Joy To Families With ‘Cozy Cozy Christmas’ And Charity Initiatives

PETALING JAYA, Nov 25 (Bernama) -- Sunway Malls has launched its annual year-end festive campaign, Cozy Cozy Christmas, featuring immersive installations, creative workshops and community-focused activities across all its malls nationwide.

High-potential MD Companies Are Exactly The Partners The UK Needs, Says Gobind

SUBANG JAYA, Nov 20 (Bernama) — Malaysia’s growing pool of high-potential companies, awarded the prestigious Malaysia Digital (MD) status and focused on high-value digital services, are exactly the partners that the United Kingdom is looking to work with, said Minister of Digital Gobind Singh Deo.

Ringgit Ends Lower Against US Dollar As Confidence In US December Rate Cut Fades

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.

MITI Refines Investments In Sabah To Avoid Becoming 'Assembly Hub'

KOTA KINABALU, Nov 17 (Bernama) -- The government is refining several proposals for high-tech investments in Sabah, including in the semiconductor sector, to ensure the state does not become merely an assembly hub, but instead plays a role in the global supply chain.

John Crane Unveils Service Framework To Reduce Downtime, Boost Reliability 

KUALA LUMPUR, Nov 14 (Bernama) -- John Crane, a global leader in rotating equipment solutions and a business unit of Smiths Group plc, has introduced John Crane Performance Plus, a modular service framework designed to optimise equipment performance and deliver measurable operational improvements.

Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

Malaysian Banking Sector Accelerates AI Adoption For Smarter, Ethical Compliance

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.

Perak Records RM6.25 Bln Investments Involving 203 Projects As Of June – MB

KUALA KANGSAR, Nov 9 (Bernama) -- The state of Perak recorded investments worth RM6.25 billion involving 203 projects as of June this year, potentially generating over 5,000 job opportunities, said Menteri Besar Datuk Seri Saarani Mohamad.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.