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CAAM-MAVCOM Merger Set For Second Half Of 2025

KUALA LUMPUR, Jan 17 (Bernama) -- The merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) is expected in the second half of this year, CAAM chief executive officer Datuk Captain Norazman Mahmud said.

MAHB: Five Independent Directors Not Terminated

KUALA LUMPUR, Jan 15 (Bernama) -- The five independent directors of Malaysia Airports Holdings Bhd (MAHB) have not been terminated, contrary to a statement made by Machang Member of Parliament Wan Ahmad Fayhsal Wan Ahmad Kamal.

Bintulu Port Secures 12-month Extension To Operate Under Third Interim Agreement

KUALA LUMPUR, Dec 31 (Bernama) -- Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) has signed a third interim agreement (IA) with the Ministry of Transport (MOT) and Bintulu Port Authority (BPA) to extend its operation of Bintulu Port for an additional 12 months.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

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.

Tentative Date For CAAM-Mavcom Merger Set, To Be Announced By Transport Ministry -- CAAM CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The tentative date for the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (Mavcom) has been set and will be revealed later by the Transport Ministry.

BNM Urged To Cap Health Insurance, Takaful Premium Hike At 10 Pct Amid Rising Health Inflation

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.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

Restructuring Of DFIs In Line With National Agenda, To Strengthen Govt Institutions

KUALA LUMPUR, Dec 5 (Bernama) -- The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).

Govt Ensures Balanced Development, Including In SG4 States - Ministry Of Economy

KUALA LUMPUR, Dec 4 (Bernama) -- The government is continuously striving to ensure balanced development is implemented across regions and states, including Perlis, Kedah, Kelantan and Terengganu, which are collectively known as State Government 4 (SG4). 

RM10.78 Bln Withdrawn From EPF Account 3 As At Sept 30 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- A total of RM10.78 billion has been withdrawn from the Employees Provident Fund (EPF) Account 3 (Flexible Account) by members below 55, stated the Ministry of Finance (MoF).