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PIAM sets up RM2.43 million CSR flood relief fund

PIAM sets up RM2.43 million CSR flood relief fund

PIAM has set up a RM2.43 million CSR Flood Relief Fund to alleviate the burden faced by owners of vehicles that were affected by the recent floods.
Sat Jan 08 2022
Insurance, takaful industry broadens reimbursement eligibility for CTF

Insurance, takaful industry broadens reimbursement eligibility for CTF

The insurance and takaful industrys RM8 million fund is in support of MoHs efforts to conduct more COVID-19 tests for Malaysians.
Sun Apr 12 2020
PIAM, members given a month to provide evidence on non-infringement of Competition Act

PIAM, members given a month to provide evidence on non-infringement of Competition Act

This is against the backdrop of the MyCC recently imposing a RM213.4 million penalty on PIAM and the 22 local general insurers for an "anti-competitive agreement".
Mon Mar 06 2017
High operating cost possible for non-registered GST persons, says PIAM

High operating cost possible for non-registered GST persons, says PIAM

All general insurance policies will be subject to GST and there may be an increase in the cost of insurance for a non-registered GST person, PIAM says.
Thu Mar 26 2015
Thousands of flood victims lodge insurance claims

Thousands of flood victims lodge insurance claims

Flood victims have already lodged nearly 4,000 claims worth RM220 million after the worst floods hit the nation last year.
Mon Feb 09 2015
PIAM members ready to pay out claims

PIAM members ready to pay out claims

The members of the General Insurance Association of Malaysia (PIAM) are ready to pay out claims against losses suffered by victims in the current flood situation.
Wed Dec 31 2014
PIAM expects 2015 Budget to strenghten insurance, takaful sector

PIAM expects 2015 Budget to strenghten insurance, takaful sector

PIAM also hopes for a separate tax relief to be allowed to small and medium-sized businesses.
Fri Sep 26 2014
MH370: PIAM pledges to give priority to insurance claims

MH370: PIAM pledges to give priority to insurance claims

PIAM has agreed to simplify procedures for processing all the personal accident insurance claims for the families of those on board MH370.
Tue May 27 2014
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024