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KUALA LUMPUR, Nov 9 -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of ‘a+’ of Fubon Insurance Co Ltd (Fubon Insurance) Taiwan. In a statement, the global credit rating agency,…

PETALING JAYA: Four directors of a company will be charged in the Selayang Sessions Court today over the pollution of Sungai Kundang in Rawang, Selangor. In a statement, Selangor CID chief Fadzil Ahmat said the four individuals, comprising…

PETALING JAYA: A parents’ group has criticised the move to close all schools until the end of the school year in December, following the conditional movement control order (CMCO) enforced on most peninsular states except for Kelantan,…

PETALING JAYA: Some 32% of Employees Provident Fund contributors (EPF) have a balance of around RM1,000 in their Account 1, Finance Minister Tengku Zafrul Aziz has revealed. In an interview on TV3 last night, Tengku Zafrul also said 10%…

MCOs inflict devastating damage on the individual, family, community and national economic activity, severely impacting daily livelihoods and driving families and communities to below the poverty line. With the health ministry’s (MOH)…

KUALA LUMPUR, Nov 6 -- Achieving a developed, high-income, and an inclusive nation must be accompanied with higher purchasing power, but unfortunately, the rising cost of living remains a critical concern among the rakyat, particularly the…

KUALA LUMPUR, Nov 6 -- Logistics players need to adopt a new business model to survive the COVID-19 pandemic that has disrupted the supply network. In this regard, it is imperative for them to embrace digital transformation and keep up…

KUALA LUMPUR: The government expects 2021 will be a transition year for the country’s economic recovery as it expects growth to be revitalised, together with restored investor and consumer confidence. In the Fiscal Outlook 2021, it said…

KUALA LUMPUR, Nov 6 -- The Federal Government's revenue is envisaged to turn around by 4.2 per cent in 2021 to RM236.9 billion, or 15.1 per cent of Gross Domestic Product (GDP), on the back of improving economic growth and business…

By Nurul Jannah Kamaruddin KUALA LUMPUR, Nov 6 -- The allocation for Budget 2021 is projected to be worth RM330 billion, 10 per cent higher than the RM297 billion Budget 2020. PwC Malaysia deals partner, economics and policy, Patrick Tay…