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Malaysian Insurance Sector Set For Major Reforms Under Reset Initiatives

KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.

Batik Air Cancels Kuala Lumpur–Dubai Flight Due To Middle East Airspace Closure

KUALA LUMPUR, March 1 (Bernama) -- Batik Air has cancelled today’s scheduled service between Kuala Lumpur and Dubai as a precautionary safety measure due to the closure of designated airspace corridors in the Middle East.

Batik Air Closely Monitoring Middle East Situation, Assessing Potential Impact On Operations

KUALA LUMPUR, Feb 28 (Bernama) -- Batik Air is closely monitoring developments and assessing their potential impact on regional airspace and flight operations following the rapidly evolving situation in the Middle East.

BNM: Malaysia’s Official Reserve Assets At US$126.87 Bln As At End-January 2026

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.87 billion (US$1=RM3.88) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025.

Binghatti Named Signature Sponsor Of International Property Show 2026

KUALA LUMPUR, Feb 27 (Bernama) -- The International Property Show (IPS 2026) will feature Binghatti, a Dubai-based real estate development company, as part of its upcoming exhibition scheduled for April 2026 at the Dubai World Trade Centre.

Eight Companies Involved In Pepper Cultivation In Malaysia Involving 55 Hectares

KUALA LUMPUR, Feb 26 (Bernama) -- A total of eight companies are involved in pepper cultivation activities nationwide, covering an area of about 55 hectares, said Deputy Plantation and Commodities Minister Datuk Seri Huang Tiong Sii.

Kioxia Ships UFS 5.0 Samples For Next-Generation Mobile Devices

KUALA LUMPUR, Feb 24 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, announced it has begun shipping evaluation samples of embedded flash memory compliant with the next-generation UFS 5.0 standard, which is currently being standardised by JEDEC.

Ringgit Touches RM3.87 Against US Dollar At Open

KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to open higher on Tuesday, with foreign exchange markets seen to have largely priced in Malaysia’s encouraging macroeconomic data and recent tariff developments.

Pos Malaysia Records Net Loss Of RM209.26 Mln In FY2025

KUALA LUMPUR, Feb 23 (Bernama) -- Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.

EPIC OG, Begas Energy Ink Deal For Sabah Terminal Project

KOTA KINABALU, Feb 23 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a company linked to the Terengganu government, has established a strategic partnership with Begas Energy Sdn Bhd, based in Sabah, through its subsidiary, EPIC OG Sdn Bhd.

Maybank’s 4Q 2025 Earnings To Rise 11.9 Pct on Stronger Non-Interest Income - CIMB Securities 

KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Securities Sdn Bhd expects Malayan Banking Bhd’s (Maybank) core net profit for the fourth quarter of 2025 (4Q 2025) to rise 11.9 per cent year-on-year, driven by a more favourable outlook for non-interest income (NOII).

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year.