3h ago
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.
1d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
21d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Financing reform must keep pace with rising healthcare needs, providing affordable access across the life course with public resources being used strategically and vulnerable groups protected, said Deputy Economy Minister Datuk Seri Mohd Shahar Abdullah.
1m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)
1m ago
KUALA LUMPUR, Aug 14 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported a 13 per cent year-on-year (yoy) increase in consolidated revenue to US$49 million for the second quarter (Q2) of fiscal 2026 ended June 30. (US$1 = RM4.08)
2m ago
KUALA LUMPUR, July 14 (Bernama) -- Glyken Bio Products Sdn Bhd (Glyken) and Japan's Ortho Group have inked a research collaboration worth more than RM4 million to explore the application of Glyken's proprietary bird’s nest extracts in therapeutic medicine and healthcare development.
3m ago
KUALA LUMPUR, June 18 (Bernama) -- National reinsurer Malaysian Reinsurance Bhd (Malaysian Re) and China Reinsurance Life Insurance Company Ltd (China Re Life) have signed a landmark reinsurance treaty to support the first dedicated reinsurance framework for cancer precision medicine (CPM) treatment coverage in Malaysia.