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takaful

Is hibah still a safe option if courts can reverse it?

After court overturned a RM1 million takaful hibah, sparking confusion and concern among policyholders and the public, experts stress that it remains relevant if done properly

Rising medical costs, insurance premiums: PAC to continue proceedings from June 17-19

Witnesses include Bank Negara, Health Ministry, insurers and Medical Council 

BNM orders insurers to review premium hikes, offer fairer options

The central bank steps in to ensure policyholders have access to affordable coverage amid rising healthcare costs

Life, general insurance premiums hit RM20 bil from Jan to June: BNM governor  

Family and general takaful sectors also had strong growth with total contributions of over RM7 billion 

New co-pay policy for medical insurance, takaful can hit low-income customers, says Fomca

Consumer group suggests co-payment be implemented on a sliding scale so that those earning less would pay less or zero
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Bangsar bars warn of 20% price hike as new alcohol tax looms

Bar owners say the upcoming 10% excise duty under Budget 2026 could squeeze margins, drive drinkers to cheaper alternatives, and push small operators to the brink

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

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