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Putra Heights Incident Boosts Insurance Awareness, Growth – Liberty CEO

KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.

Time For Malaysia To Lead In Research And Innovation In Islamic Economics - INCEIF University

KUALA LUMPUR, June 10 (Bernama) --  INCEIF University has called on Malaysia to lead global  research and innovation in Islamic economics, building on its established reputation as a leader in Islamic finance.

MADANI Govt Committed To Reforms, But Needs Time - PM Anwar

KUALA LUMPUR, June 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim says the MADANI unity government is deeply committed to tackling corruption and abuse of power but the reforms to combat these menaces will take time to materialise.

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.

Telcos Reassure Customer Privacy In MCMC Data Initiative

KUALA LUMPUR, June 8 (Bernama) -- Telecommunication companies (telcos) have reaffirmed their commitment to protecting customer data and privacy, following the use of mobile phone data (MPD) for official statistical purposes by the Malaysian Communications and Multimedia Commission (MCMC).

AI Evolution To Play Bigger Role For Enterprises, Digital Banking - Industry Player

From Nor Baizura Basri

SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.

Guangxi Drives AI-Powered Trade, Innovation With ASEAN

KUALA LUMPUR, June 4 (Bernama) -- In a vivid display of how artificial intelligence (AI) is reshaping regional trade, Vietnamese truckers equipped with AI-powered tools recently navigated through the Friendship Pass in Guangxi Zhuang Autonomous Region, China’s busiest land port with Association of Southeast Asian Nations (ASEAN), streamlining their cross-border journey with real-time navigation and safety features.

Tugu Insurance Company Drops AM Best Rating Participation

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Hong Kong’s Tugu Insurance Company Limited (TIC).

Malaysia Defends ASEAN Centrality, Pursues Principled Diplomacy -  PM Anwar

SINGAPORE, May 31 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reiterated that Malaysia, as Chair for ASEAN 2025, is committed to defending ASEAN’s centrality and promoting its active non-alignment.

BNM: Malaysia's International Reserves Assets At US$118.70 Bln As Of End-April

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).

Kerjaya Prospek Posts Higher Net Profit Of RM46.07 Mln In 1Q

KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.

Malaysia To Emerge As Top Destination For Medical Tourism -- IHH Healthcare

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has bright prospects in medical tourism, driven by its highly trained doctors, excellent facilities and competitive currency, said IHH Healthcare Bhd.