| LATEST NEWS | The High Court sentenced Datuk Seri Najib Tun Razak to a total of 15 years' imprisonment and fined him RM11.4 billion on four counts of power abuse and 21 counts of money laundering involving RM2.3 billion linked to 1MDB | |
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).
KUALA LUMPUR, Oct 8 (Bernama) -- Budget 2026 must ensure that Technical and Vocational Education and Training (TVET) courses align with Malaysia’s economic priorities, such as value-added job creation in manufacturing, five-year development plans, and future-led energy transition initiatives including renewable energy.
KUALA LUMPUR, Oct 7 (Bernama) -- The government should allocate funds to develop and upgrade port reception facilities (PRFs) to enhance environmental compliance under the upcoming Budget 2026, said Hexagon Synergy Group, a pioneer in PRF development in Malaysia.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 5 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) has appealed for immediate financial relief, critical support for human capital and strategic focus on market positioning for the rubber gloves industry in Budget 2026.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 4 (Bernama) -- The palm oil industry has called for more targeted incentives and policy support under Budget 2026 to enhance export competitiveness, boost yields and productivity, and strengthen sustainability, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Oct 2 (Bernama) -- Budget 2026 has the chance to narrow the gap between housing supply and demand, said PropertyGuru and iProperty Malaysia country manager Kenneth Soh.
KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.
KUALA LUMPUR, Sept 23 (Bernama) -- The country’s iconic dish, nasi lemak, along with fruits from Malaysia and neighbouring ASEAN countries, such as salak and mata kucing, are among the culinary diplomacy highlights that have added flavour to this year’s ASEAN Economic Ministers’ (AEM) Meeting.
KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).
