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Omni Bridgeway Names Peter Galgay To Drive Capital Strategy

KUALA LUMPUR, April 2 (Bernama) -- Omni Bridgeway, a global leader in litigation financing and risk management, has appointed Peter Galgay as Head of Commercial Strategy and Capital Solutions based in New York.

Capital Market Masterplan 2026-2030 Differs From Past Plans As Digitalisation, AI Reshape Markets

KUALA LUMPUR, March 9 (Bernama) -- The Capital Market Masterplan (CMP) 2026-2030 differs from past plans in its scope and reassessment due to the speed of change brought by digitalisation, artificial intelligence (AI) and investor expectations.

India’s ICICI Lombard Outlooks Revised To Positive - AM Best

KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).

FMOS Receives 3,253 Complaints, 2,268 Cases Resolved Since Start of Operations

KUALA LUMPUR, Feb 5 (Bernama) -- The Financial Market Ombudsman Service (FMOS) has received 3,253 complaints, with 2,268 disputes successfully resolved through mediation and adjudication since it began operations on Jan 17, 2025.

BNMLINK Receives 222 MHIT Complaints In 2025, With 96 Pct Resolved -- MoF

KUALA LUMPUR, Jan 22 (Bernama) -- A total of 222 complaints regarding medical and health insurance/takaful (MHIT) products from the public were received by Bank Negara Malaysia Laman Informasi Nasihat dan Khidmat (BNMLINK) throughout 2025, according to the Ministry of Finance (MOF). 

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

Virtue Trustee Unveils Wealth Protection Solutions Aligned With MADANI Framework

KUALA LUMPUR, Dec 10 (Bernama) -- Virtue Trustee Bhd (VTB) has launched a comprehensive suite of trustee, Islamic trust, and legacy-planning solutions, aimed at providing professional, secure and transparent wealth protection for all Malaysians, fully aligned with the national MADANI framework’s core values.

Address State-federal REE Issues With Mineral Council Panel - ISIS

KUALA LUMPUR, Dec 10 (Bernama) -- A review panel under the National Mineral Council could be established to address the fragmented jurisdiction and inconsistent enforcement between federal and state authorities, hindering effective oversight of rare earth element (REE) projects.

Bumiputera Priority Policy Not Affected In ART — Tengku Zafrul

KUALA LUMPUR, Nov 29 (Bernama) -- The bumiputera priority policy is still practised and is not affected by the Malaysia-United States Agreement on Reciprocal Trade (ART) because it is clearly included in public responsibilities, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Healthcare, Insurance Industries Revive GMC To Strengthen Medical Claims Management

KUALA LUMPUR, Nov 14 (Bernama) -- The healthcare and insurance/takaful industries have reactivated the Grievance Mechanism Committee (GMC) with the support of the Health Ministry and Bank Negara Malaysia, bringing together medical professionals, hospitals, insurers, takaful operators, and regulators to address systemic claims challenges.

Ringgit Opens Higher Vs Greenback On Continous Buying Interest

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

Kunming Emerges As China’s Gateway City For Southeast Asian Travellers

KUALA LUMPUR, Nov 10 (Bernama) -- Kunming is rapidly cementing its position as China’s premier destination for inbound consumption, drawing a surge of visitors primarily from Southeast Asia and increasingly from South Asia, according to the Kunming Bureau of Commerce.