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Corporate News 28 Jan 2016 | 7:04 AM Premium

Bank Negara sees need for more prudent regulation, supervision

KUALA LUMPUR: The global Islamic financial system is now operating at a time when the international economic and financial environment has become immensely more challenging, said Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz.

Banking 30 Apr 2016 | 12:00 AM Premium

MAA can advance with disposal of Takaful arm

MAA GROUP Bhd, which has been having funding issues despite being cash-rich, may have finally found a reprieve with the sale of its Takaful arm, MAA Takaful Bhd.

Corporate News 24 Aug 2016 | 11:40 AM Premium

RHB Bank to assess opportunities in Indonesia

KUALA LUMPUR: RHB Bank Bhd, which saw its bid to acquire a stake in Indonesia's PT Bank Mestika Dharma Tbk fall through, is optimistic about the prospects in that country and and will assess the opportunities.

Business 17 Sep 2016 | 12:00 AM Premium

Setting the benchmark

IN the evolving financial services industry (FSI), regulations for more independent directors and stringent corporate governance have made it crucial to have qualified and accountable directors on the boards of financial institutions.

Corporate News 23 Jan 2017 | 12:00 AM Premium

Syarikat Takaful Malaysia finalising corporate structure

PETALING JAYA: Syarikat Takaful Malaysia Bhd, which is not discounting the possibility of a merger and acquisition (M&A), is in the midst of finalising its corporate structure in line with requirements under the Islamic Financial Services Act (IFSA) 2013.

Business 23 Jan 2017 | 12:18 AM Premium

Breakfast briefing: Monday, January 23

Breakfast briefing: Monday, January 23

Business 22 May 2017 | 12:00 AM Premium

Foreign insurers eye stake in Syarikat Takaful

PETALING JAYA: Syarikat Takaful Malaysia Bhd, which is a target for acquisition, could see the entry of a foreign-based insurer buying up a stake in the country’s oldest takaful company.

Economy 17 Feb 2018 | 1:52 AM Premium

Bank Negara: Economy healthier, growth broad based

KUALA LUMPUR: Malaysia's Gross Domestic Product (GDP) figures underscore a trend where the economy is becoming healthier, with growth becoming more broad-based across sectors amid a firm trajectory.

Insurance 02 Jun 2018 | 12:00 AM Premium

Takaful Malaysia converts its composite licence into single licences

KUALA LUMPUR: Syarikat Takaful Malaysia Bhd (STMB) has announced the conversion of its composite licence into single licences and splitting of the company into two entities to manage the operations of its family and general takaful businesses separately.

Insurance 01 Jul 2018 | 11:43 AM Premium

Hong Leong MSIG Takaful to exit general business

KUALA LUMPUR: Hong Leong MSIG Takaful Bhd (HLMT) will cease to be a composite licensed takaful operator with effect from Sunday, July 1 under 2018 its internal streamlining exercise.