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MED4IRN To Establish Digital Transformation Units In All Ministries – PM Anwar

KUALA LUMPUR, Dec 8 (Bernama) -- The National Digital Economy and Fourth Industrial Revolution Council (MED4IRN) has agreed to establish a Digital Transformation Unit (DTU) in every ministry and accelerate registration for MyDigital ID, Prime Minister Anwar Ibrahim said.

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.

Brisk 5G Dual-Network Rollout Marks 2025 With Telecommunications Industry Set To Maintain Growth Momentum Next Year

By Anas Abu Hassan

KUALA LUMPUR, Dec 8 (Bernama) -- The telecommunications industry delivered a resilient performance IN 2025 despite operating within a highly saturated environment, reflecting a maturing market consistent with global trends.

World Bank: Malaysia Shows Strong Progress In Reducing Poverty, Must Now Focus On Inclusive Growth

PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.

AM Best Affirms Mongolian Re Credit Ratings

KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).

Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).

Tasik Kenyir Not Ready To Be Large-scale Data Centre Hub -- MITI

KUALA LUMPUR, Dec 2 (Bernama) -- The proposal to develop Tasik Kenyir as a large-scale data centre hub is not suitable to be implemented at this time, said the Ministry of Investment, Trade and Industry (MITI).

AM Best: Hong Kong Fire To Hit Reinsurers, Pressure Property Treaty Terms

KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.

Sabah Polls: Media Practitioners Fulfill Voting Duty Amidst Busy Coverage

KOTA KINABALU, Nov 29 (Bernama) -- Despite being fully engaged in covering the 17th Sabah state election since early morning, media practitioners in Sabah ensured they did not neglect their duty to vote alongside over 1.7 million eligible voters.

Market Sentiment Lifts On Better 3Q Tech, Glove Results -- CIMB Securities

KUALA LUMPUR, Nov 27 (Bernama) -- The third-quarter 2025 (3Q 2025) results season is tracking better than the second quarter (2Q 2025), supporting market sentiment as earnings improve in the technology and rubber glove sectors—both key underperformers in the first half of 2025.

BMI: Malaysia’s 5G Adoption Set To Accelerate As U Mobile Secures RM4.3 Bln Funding

KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.

AM Best: Asia-Pacific Insurance Stability Underpinned By Mature Markets

KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.