Research Firms Upbeat About IHH

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term. 

BNM Urges Insurers, Takaful Operators To Review Repricing Strategies For More Reasonable Implementation

KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation. 

Malaysia's Insurance, Takaful Industry Sees 56 Pct medical Claims Cost Inflation From 2021-2023 - Associations

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.

LIAM CEO Mark O’Dell Honoured With Lifetime Achievement Award

KUALA LUMPUR, Nov 28 (Bernama) -- Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell has been awarded the prestigious Lifetime Achievement Award at the 28th Asia Insurance Industry Awards 2024. 

Sunway 3Q Net Profit Doubles To RM376.08 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Sunway Bhd’s net profit doubled to RM376.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), from RM180.30 million in the same quarter last year mainly due to stronger operating performance across most business segments.

Cuba Mulls Biotech, Pharma Partnership With Malaysia, Eyeing ASEAN Launchpad

KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.

Ace Market-bound Topvision Aims To Raise RM17.89 Mln From Public Offering

KUALA LUMPUR, Nov 25 (Bernama) -- Topvision Eye Specialist Bhd, which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.89 million through the public offering.

i-Lindung: RM44.2 Mln Withdrawn From EPF Akaun Sejahtera As Of September 2024 - Lim

KUALA LUMPUR, Nov 20 (Bernama) -- A total of RM44.2 million has been withdrawn by contributors from the Employee Provident Fund (EPF) Akaun Sejahtera since the i-Lindung programme was introduced in July 2022, up until September this year, according to Deputy Finance Minister Lim Hui Ying.

SBC Medical To Acquire Singapore’s AHH, Expanding Into Asia

KUALA LUMPUR, Nov 19 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC), announced it has entered into a definitive agreement to acquire Aesthetic Healthcare Holdings Pte Ltd (AHH), a Singapore-based aesthetic medical treatment provider, in an all cash transaction.

Airbus Helicopters Eyes Growth In Malaysia, Asia-Pacific Amid Rising EMS Demand

SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.

Malaysia Spends RM150 Mln On Vietnamese Rubber To Meet Rising Industry Demand

By Vijian Paramasivam

PHNOM PENH, Nov 19 (Bernama) -- Malaysia procured 24,800 tonnes of Vietnamese rubber worth US$35.2 million (RM150 million) from January to October 2024 to meet the rising needs of the country’s diversifying rubber industry. 

New Keyto MY Plant To Advance Malaysia’s High-tech Industry - MIDA

KUALA LUMPUR, Nov 19 (Bernama) -- Keyto MY Sdn Bhd's new fluid manufacturing facility in Batu Kawan, Penang, is set to enhance Malaysia's industrial capabilities and diversify its high-tech manufacturing sector.