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Insurance premiums stable for now but pressure is building, says PIAM

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KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]

Premiums stable for now but pressure is building, says PIAM

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KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]

War-risk premiums push up cargo insurance costs on key shipping routes, says PIAM

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KUALA LUMPUR, May 6 — Cargo insurance costs for shipments passing through conflict-prone regions are rising as war-risk premiums climb, although base insurance rates remain largely stable, the General Insurance […]

Malaysia Airlines climbs four places in global brand rankings amid premium pivot

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KUALA LUMPUR, May 5 — Malaysia Airlines and AirAsia have recorded increases in their estimated brand value over the past year, according to the Airlines 50 2026 report released today […]

Apple agrees to US$250m settlement over 2024 AI Siri claims

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SAN FRANCISCO, May 6 — Apple yesterday agreed to pay US$250 (RM988 million) to settle a class action lawsuit accusing it of misleading millions of iPhone buyers by falsely touting […]

Proton sales surge 40.9pc in 2026, captures 26.4pc market share in Malaysia

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KUALA LUMPUR, May 6 — National carmaker Proton has kicked off the second quarter of 2026 with a formidable sales performance, recording 18,156 units (domestic and export) in April and […]

Energy‑linked stocks drive Bursa Malaysia higher amid oil price surge and global tensions

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KUALA LUMPUR, May 5 — Bursa Malaysia reversed earlier losses to end higher on Tuesday as buying interest gained momentum in the afternoon session, said an analyst.  At 5pm, the […]

Penang’s new free commercial zone-class air cargo complex to begin operations in 2029

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GEORGE TOWN, May 5 — The first phase of the new air cargo warehouse complex, designated as a Free Commercial Zone, is expected to be completed and begin operations in […]

Despite global tensions, Penang semiconductor sector remains resilient says CM

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GEORGE TOWN, May 5 — Penang’s semiconductor sector remains stable and has yet to show any significant impact from the ongoing conflict in the Middle East. Penang chief minister Chow […]

Penang ramps up bid for global conferences, eyeing events displaced by Middle East tensions

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GEORGE TOWN, May 5 — Penang is bidding for over 20 Meetings, Incentives, Conferences and Exhibitions (MICE) that have been relocated due to the conflict in the Middle East. Penang […]

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