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The recent Bank Negara guidelines on the removal of the 2% sub-limit on investment in foreign assets will provide more flexibility for insurers and help them invest efficiently in a particular market, according to industry players.
Cloud seeding operations, to induce rain to clear the transboundary haze from Kalimantan, has burnt a hole in the Sarawak state government's pocket.
THE appreciation of the ringgit against the dollar will not have much impact on the level of investment by local insurance firms in foreign assets, according to industry players.