LATEST NEWS   BUDI95 is seen as a right step in targeted fuel subsidy reform for Malaysia, says World Bank | Malaysia does not need stimulus amid the West Asia crisis, says World Bank | World Bank upgrades Malaysia’s 2026 GDP forecast to 4.4 pct from 4.1 pct on strong domestic demand | Increase in oil price following the West Asia conflict has impacted the country's supply chain due to increased global risk premiums, logistics costs - PM Anwar | Spreading inaccurate information regarding oil issues can confuse the people - - PM Anwar | 

There are 185 news based on search keyword " excess"

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.

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.

Honda Malaysia Recalls 87,490 Units Of Vehicles For Fuel Pump Replacement

KUALA LUMPUR, June 10 (Bernama) -- Honda Malaysia today announced a product recall involving 87,490 units of Honda vehicles to replace their fuel pump as a precautionary measure.

CIMB Records RM1.97 Bln Net Profit In 1Q FY2025

KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.

FCCI Wins Duck Creek 2025 Standard Of Excellence Customer Award For E&S Rollout

KUALA LUMPUR, May 22 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has named FCCI Insurance Group (FCCI) a recipient of its 2025 Standard of Excellence Customer Award at its Formation ’25 conference in Orlando, Florida.

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

Malaysia’s Headline Inflation To Moderate To Below 3.0 Pct In 2025 - BNM

KUALA LUMPUR, May 16 (Bernama) -- Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour. 

Malaysian Economy Expands 4.4 Pct In 1Q, Anchored By Household Spending

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

US-China Tariff Rollback May Delay Purchasing Decisions For Malaysian Glove Makers

KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

BNM Maintains OPR At 3.0 Pct, Global Growth To Continue

KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.