THE Malaysian stock market has had a rocky performance so far this year. Weighed by domestic political concerns and Covid-19 woes, Bursa Malaysia has turned out to be one of the worst-performing bourses in Asia year to date, with the benchmark FBM KLCI having lost about 7% since the start of 2021. The local equity markets could see a more challenging year in 2022, with the US Federal Reserve scaling back its easy monetary policy while increasing interest rates as inflation continues to surge. Wh

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GEORGE TOWN: Money changers are in a good mood, even before international borders reopen today. Their cash registers are ringing non-stop as Malaysians flock to buy long-held stocks of foreign currency to prepare for future travels while others want to buy foreign currency as a form of hedging.“ Our customers are well-versed and keep track of the rise and fall of certain foreign currencies.... Since they are able to travel soon, they buy now, ” said Seeni Abdul Kadir, a third generation owner o

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The Pakistan Tehreek-i-Insaf( PTI) government is in the process of rolling out its flagship universal health insurance( UHI) scheme in Punjab, Gilgit Baltistan, Azad Kashmir, Islamabad and the merged districts of Khyber Pakhtunkhwa by the end of this year.... The Rs100 billion Sehat Sahulat Programme( SSP) aims to provide free health coverage of up to Rs1 million a year to around 32m families across these territories.... The insurance coverage will be available only for hospitalisation but peo

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