MEF Appoints Sheikh Farouk As Chief Executive Effective Jan 1
KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Employers Federation (MEF) has appointed Sheikh Farouk Sheik Mohamed as its chief executive, effective Jan 1, 2025.
| LATEST NEWS | Penang water taxi service yet to be implemented as several technical and safety aspects still need to be addressed - Loke | Prasarana Malaysia will add 170 vans to expand Rapid Penang On-Demand service - Loke | Penang LRT contractor directed to implement continuous traffic mitigation plan to reduce impact of road congestion - Loke | Penang will receive 240 Rapid Penang electric buses, with 75 expected to arrive in March - Loke | 21 Armed Forces officers are being investigated for suspected involvement in immoral activities - Defence Minister | |
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Well-designed Approach For Carbon Market Creates Robust Trading Ecosystem - Engie
KUALA LUMPUR, Dec 29 (Bernama) -- A well-designed approach can be transformative for Malaysia’s carbon markets as it incentivises industries to reduce emissions while creating a foundation for a robust carbon trading ecosystem, said Engie Services Malaysia Sdn Bhd.
Gig Economy Expands In 2024 Amid Push For Worker Protections
KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.
Bursa Malaysia Seeks Feedback On Depository Rules For Electronic CDS Statements
KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia Bhd today issued a consultation paper seeking public feedback on the proposed amendments to the Rules of Bursa Malaysia Depository Sdn Bhd as it moves towards further digitisation in the issuance of securities account statements to depositors (CDS statements).
Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge
KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.
Govt To Organise Economic Forum On Jan 9
KUALA LUMPUR, 26 Dis (Bernama) -- The government is set to organise the Malaysian Economic Forum (FEM2025) on Jan 9, 2025, to chart Malaysia’s priorities and policies for 2025.
MJets Air Buys A Freighter For US$4.6 Mln As Part Of Fleet Expansion Plan
KUALA LUMPUR, Dec 24 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd (MMAG), has acquired a Boeing B737-400SF converted freighter for US$4.6 million (US$1=RM4.49) as part of its plan to expand its fleet to 13 aircraft by the end of 2025.
FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
GDA Stands Firm On RM11 Offer For MAHB Despite Directors' Rejection
KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.
MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums
KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
Govt To Monitor Implementation Of Interim Measures Related To MHIT Products -- Lim
KUALA LUMPUR, Dec 20 (Bernama) -- The implementation of interim measures to alleviate the impact of premium adjustments for medical and health insurance/takaful (MHIT) products will be monitored continuously to ensure their effectiveness, according to Deputy Finance Minister Lim Hui Ying.
ITOs To Spread Out Change In Premiums Over A Minimum Of Three Years -- BNM
KUALA LUMPUR, Dec 20 (Bernama) -- Bank Negara Malaysia (BNM) has announced interim measures to help manage the impact of medical and health insurance and takaful (MHIT) premium adjustments, with insurers and takaful operators (ITOs) to spread out the changes in premiums over a minimum of three years for all policyholders affected by the repricing.