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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.

Govt, ITOs And Private Hospitals To Contribute RM60 Mln To Accelerate Health Reforms -- BNM

KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).

Kao Focuses On Long-term Shareholder Value, Transparent Board Selection

KUALA LUMPUR, Dec 20 (Bernama) -- Kao's Board of Directors and management team are focused on increasing shareholder value from a long-term perspective, guided by the company’s business strategy.

Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.

Matrade, DMID Collaborate To Boost Export Promotion

KUALA LUMPUR, Dec 18 (Bernama) – The Malaysia External Trade Development Corporation (MATRADE) and Dunia Melayu Dunia Islam (DMDI) have signed a memorandum of understanding (MoU) to bolster trade and export promotion cooperation.

MICCI Launches 'e-commerce Chapter' To Boost Malaysia’s Digital Economy

KUALA LUMPUR, Dec 18 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) has introduced the “E-Commerce Chapter” to enhance collaboration between key players in the e-commerce industry and regulatory bodies.

EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership 

KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.