Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.

IHH On Managing Healthcare Price Increase In Challenging Environment

By Niam Seet Wei

KUALA LUMPUR, May 13 (Bernama) -- With the West Asia conflict showing no sign of abating, Malaysians may have to brace for rising healthcare costs and continued inflationary pressures, said IHH Healthcare Bhd Malaysia chief executive officer Dr Kamal Amzan.

RHB Gets BNM Approval To Start Tokio Marine Talks

KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.

AM Best Assigns Excellent Credit Ratings To Tokio Marine Newa Insurance

KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.

Malaysia Targets Stronger EV Ecosystem Via OEM-Local Vendor Ties -- Sim

KUALA LUMPUR, May 11 (Bernama) -- Malaysia wants original equipment manufacturers (OEMs) to collaborate with local vendors to level up the entire value chain and ecosystem via the new electric vehicle (EV) policy, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Malaysia's Volume Index Of Services Up By 5.8 Pct In 1Q 2026 -- DOSM

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s volume index of services recorded a year-on-year growth of 5.8 per cent in the first quarter (1Q) of 2026, reaching 168.0 points, according to the Department of Statistics Malaysia (DOSM).

Not All EVs Will Become Expensive After CBU Duties Return - Sim

BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin. 

Mr D.I.Y. Raises RM540 Mln Via Inaugural Sukuk, IMTN Oversubscribed 5.6 Times

KUALA LUMPUR, May 8 (Bernama) -- MR D.I.Y. Group (M) Bhd has raised a total RM540 million via the inaugural issuance under its RM5.0 billion Sukuk Wakalah Programmes, with the Islamic Medium-Term Notes (IMTN) tranche oversubscribed by 5.6 times.

Cloudera Unveils Zero Copy Data Connector For ServiceNow AI Workflows

KUALA LUMPUR, May 8 (Bernama) -- Cloudera introduced a Workflow Data Fabric Zero Copy Connector for ServiceNow, aimed at enabling enterprises to connect hybrid data environments with artificial intelligence (AI)-driven workflows without duplicating data.

Insurance, Takaful Coverage Can Help MSMEs Retain Workers -- MECD

KUALA LUMPUR, May 7 (Bernama) --  Insurance and takaful coverage for employees are among the measures that can help micro, small and medium enterprises (MSMEs) retain their workforce, according to the Entrepreneur and Cooperatives Development Ministry (MECD).

Imported Electric Vehicles Subject To Two Main Conditions From July 1, 2026 -- MITI

KUALA LUMPUR, May 6 (Bernama) -- All fully imported completely built-up (CBU) electric vehicles (EVs) are subject to two main conditions starting July 1, 2026, including a new minimum motor power limit of 180 kilowatts (kW) and above from 200 kW.

General Insurance Industry Grows 4.8 Pct In 2025, Posts RM1.2 Bln Underwriting Profit – PIAM

KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s general insurance industry recorded gross written premium (GWP) of RM24.2 billion in 2025, representing a 4.8 per cent increase from RM23.1 billion in 2024, driven mainly by continued expansion in the motor and fire insurance segments, according to the General Insurance Association of Malaysia (PIAM).