Latest news with #Vibha
The Sun
25-06-2025
- Business
- The Sun
Manulife to up its game this year after strong 2024
KUALA LUMPUR: In 2024, Manulife Holdings Bhd (MHB) achieved a rise in its profit before tax (PBT) to RM185.4 million, supported by strong business fundamentals. Manulife Investment Management (MIM) also saw its assets under management grow by 18% year-over-year to RM17.2 billion as of end of 2024, surpassing the industry average for equity and fixed income funds, strengthening its position in the retail investment market. Manulife Insurance Bhd (MIB), the insurance business of MHB, saw growth in its bancassurance in 2024, with a 48% rise year-over-year in annual premium equivalent. The high-net-worth segment, through its Manulife Insurance Labuan Ltd (MILL) business experienced a 50% growth in APE, driven by the launch of Malaysia's first USD Indexed Universal Life product. 'Our achievements in 2024 are a testament to our unwavering commitment to excellence and innovation. We have successfully scaled up our operations, expanded our product offerings, and enhanced our customer experience. I am incredibly proud of our team's dedication and focus, which have been instrumental in driving our growth and success. 'As we look ahead to 2025, we remain focused on raising the game for sustainable growth and profitability,' said MHB group CEO Vibha Coburn. MHB also continued to invest in sustainability and community initiatives building from Manulife's Impact Agenda, including biodiversity projects in Perlis, urban clean-ups, the Terry Fox Run, and recycling campaigns. The company also reported a 46% increase in volunteer hours and aligned its climate risk governance with Bank Negara Malaysia's Climate Risk Management and Scenario Analysis policy. 'We are not merely growing; we are growing with a clear purpose,' Vibha said, adding that as they progress. Looking ahead to 2025, MHB aims to focus on operational excellence, employee engagement, sustainability through Manulife's Impact Agenda, and enhancing customer experience. The theme for 2025 is 'Raise the Game,' reflecting the company's commitment to sustainable growth and profitability.
New Straits Times
25-06-2025
- Business
- New Straits Times
Manulife AUM hits RM17.2bil in 2024, beats industry average
KUALA LUMPUR: Manulife Holdings Bhd (MHB) recorded an 18 per cent year-on-year (YoY) increase in assets under management (AUM) to RM17.2 billion in the financial year 2024, surpassing the industry average for both equity and fixed income funds. The growth reinforces the group's position as a key player in Malaysia's retail investment market. In a statement, MHB said it delivered solid earnings, driven by strong business fundamentals and increased contributions from its insurance and investment divisions. Its insurance subsidiary, Manulife Insurance Bhd (MIB), posted a robust 48 per cent YoY growth in annual premium equivalent (APE) from its bancassurance business, underpinned by rising demand and a strengthened distribution network. The company's high-net-worth business, managed through Manulife Insurance Labuan Limited posted a 50 per cent jump in APE, supported by the introduction of Malaysia's first USD Indexed Universal Life product. MHB group chief executive officer Vibha Coburn said the achievements in 2024 have scaled up the group operations, product offerings and enhanced customer experience. "I am incredibly proud of our team's dedication and focus, which have been instrumental in driving our growth and success. As we look ahead to 2025, we remain focused on raising the game for sustainable growth and profitability," she said. She also highlighted MHB strengthened its sustainability agenda through biodiversity projects in Perlis, urban clean-ups, the Terry Fox Run, and recycling initiatives. MHB reported a 46 per cent increase in volunteer hours and aligned its climate governance with Bank Negara Malaysia's Climate Risk Management and Scenario Analysis policy. Looking ahead, the group will focus on operational excellence, employee engagement, and enhancing customer experience. "We are not merely growing; we are growing with a clear purpose. As we progress, we remain dedicated to supporting Malaysians in leading better and healthier lives," said Vibha.
Saudi Gazette
03-06-2025
- Health
- Saudi Gazette
Outrage in India over 10-year-old rape victim's death after alleged treatment delay
PATNA — The death of a 10-year-old rape victim in the eastern Indian state of Bihar after an alleged delay in medical treatment has sparked outrage in the country. The girl died on Sunday morning at the state government-run Patna Medical College and Hospital (PMCH) in the capital Patna. Her uncle has alleged that the child's condition worsened as she was kept waiting in an ambulance for around four hours on Saturday before being admitted to the hospital. PMCH authorities have denied this, saying that claims of a delay in admission are "baseless". The girl's death has made national headlines, with opposition leaders accusing the Bihar government - a coalition led by the Bharatiya Janata Party (BJP) and Janata Dal United (JD-U) - of gross mismanagement. The government has denied any negligence. The girl is from the Dalit community, which is at the bottom of the Hindu caste hierarchy. Dalits face widespread mistreatment in India despite laws in place to protect them. Following the outrage, the National Human Rights Commission and National Commission for Women have criticised the incident and asked for the hospital's role to be investigated. Rape victims cannot be named under Indian law. The girl was raped on 26 May, allegedly by a man who lived near her aunt's house in Muzaffarpur. Police have arrested the man and are investigating the crime. The girl went missing while she was playing outside her house. Her family members later found her lying injured near a road. Police officials have told reporters that she had several knife wounds. She was first taken to a local hospital and then to the Sri Krishna Medical College and Hospital (SKMCH), around 85km (53 miles) from Patna. Kumari Vibha, the superintendent of SKMCH, told BBC Hindi that the child had several injuries, including wounds on her chest and neck, but that her condition had stabilised. She was referred to PMCH as she needed reconstruction surgery on her windpipe, Ms Vibha said. But at PMCH, the child's uncle said, they faced a delay in admission while the child waited in the ambulance. "They [the hospital staff] made us run around for four hours from one hospital department to another one," he alleged. She was later admitted to the gynaecology department, he said. The hospital has denied the allegations. IS Thakur, a top hospital official, said that the child's family had initially admitted her to the paediatrics department but that she was sent to the Ear, Nose and Throat (ENT) department because of her injuries. "Since we do not have an ICU in ENT, the child was shifted to the ICU of the gynaecology department," he said, adding that the child was brought in an Advance Life Support ambulance, which is equipped to offer critical care. "The allegations of a delay in getting a hospital bed are baseless," Thakur said. The child's plight began making news after a viral video showed members of the opposition Congress party arguing with hospital staff, demanding that she be admitted. Opposition parties in the state have held several protests since the death. Congress leader Rahul Gandhi said that the girl's death was "extremely shameful" and demanded that strict action be taken against negligent officers. "The rape victim waited for hours outside PMCH to be admitted... what is the use of the big buildings being built in the name of hospitals when there is chaos, corruption, misbehaviour, lack of resources and insensitivity all around?" the state's main opposition party Rashtriya Janata Dal said on X. Leaders of the BJP and JD(U) have denied any negligence. Anamika Singh Patel, a BJP spokesperson, called the girl's death "unfortunate". "But I myself run a hospital and I know that getting a bed in a hospital is a process which takes time. People in our government are working responsibly," she said. The incident has also brought attention to the condition of Bihar's medical infrastructure, months before the state assembly election is due to be held. Last month, a patient at another government hospital in Patna said that a rat bit his toe while he was asleep. Hospital authorities had launched an investigation into the incident. On Tuesday, in a scathing editorial titled Bihar's Shame, the Times of India newspaper highlighted the sorry state of hospitals in the state. It referenced a recent report that found that only half of all ventilators in government hospitals were functional and that Patna had just one government doctor for 11,541 people. That ratio is much worse in rural areas. — BBC
Yahoo
03-06-2025
- Health
- Yahoo
Minor rape victim's death after alleged treatment delay sparks anger in India
The death of a 10-year-old rape victim in the eastern Indian state of Bihar after an alleged delay in medical treatment has sparked outrage in the country. The girl died on Sunday morning at the state government-run Patna Medical College and Hospital (PMCH) in the capital Patna. Her uncle has alleged that the child's condition worsened as she was kept waiting in an ambulance for around four hours on Saturday before being admitted to the hospital. PMCH authorities have denied this, saying that claims of a delay in admission are "baseless". The girl's death has made national headlines, with opposition leaders accusing the Bihar government - a coalition led by the Bharatiya Janata Party (BJP) and Janata Dal United (JD(U)) - of gross mismanagement. The government has denied any negligence. The girl is from the Dalit community, which is at the bottom of the Hindu caste hierarchy. Dalits face widespread mistreatment in India despite laws in place to protect them. Following the outrage, the National Human Rights Commission and National Commission for Women have criticised the incident and asked for the hospital's role to be investigated. Rape victims cannot be named under Indian law. The girl was raped on 26 May, allegedly by a man who lived near her aunt's house in Muzaffarpur. Police have arrested the man and are investigating the crime. The girl went missing while she was playing outside her house. Her family members later found her lying injured near a road. Police officials have told reporters that she had several knife wounds. She was first taken to a local hospital and then to the Sri Krishna Medical College and Hospital (SKMCH), around 85km (53 miles) from Patna. Kumari Vibha, the superintendent of SKMCH, told BBC Hindi that the child had several injuries, including wounds on her chest and neck, but that her condition had stabilised. She was referred to PMCH as she needed reconstruction surgery on her windpipe, Ms Vibha said. But at PMCH, the child's uncle said, they faced a delay in admission while the child waited in the ambulance. "They [the hospital staff] made us run around for four hours from one hospital department to another one," he alleged. She was later admitted to the gynaecology department, he said. The hospital has denied the allegations. IS Thakur, a top hospital official, said that the child's family had initially admitted her to the paediatrics department but that she was sent to the Ear, Nose and Throat (ENT) department because of her injuries. "Since we do not have an ICU in ENT, the child was shifted to the ICU of the gynaecology department," he said, adding that the child was brought in an Advance Life Support ambulance, which is equipped to offer critical care. "The allegations of a delay in getting a hospital bed are baseless," Mr Thakur said. The child's plight began making news after a viral video showed members of the opposition Congress party arguing with hospital staff, demanding that she be admitted. Opposition parties in the state have held several protests since the death. Congress leader Rahul Gandhi said that the girl's death was "extremely shameful" and demanded that strict action be taken against negligent officers. "The rape victim waited for hours outside PMCH to be admitted... what is the use of the big buildings being built in the name of hospitals when there is chaos, corruption, misbehaviour, lack of resources and insensitivity all around?" the state's main opposition party Rashtriya Janata Dal said on X. Leaders of the BJP and JD(U) have denied any negligence. Anamika Singh Patel, a BJP spokesperson, called the girl's death "unfortunate". "But I myself run a hospital and I know that getting a bed in a hospital is a process which takes time. People in our government are working responsibly," she said. The incident has also brought attention to the condition of Bihar's medical infrastructure, months before the state assembly election is due to be held. Last month, a patient at another government hospital in Patna said that a rat bit his toe while he was asleep. Hospital authorities had launched an investigation into the incident. On Tuesday, in a scathing editorial titled Bihar's Shame, the Times of India newspaper highlighted the sorry state of hospitals in the state. It referenced a recent report that found that only half of all ventilators in government hospitals were functional and that capital Patna had just one government doctor for 11,541 people. That ratio is much worse in rural areas. Follow BBC News India on Instagram, YouTube, X and Facebook.
Time of India
18-05-2025
- Time of India
Seven more FIRs against Ansal API in land scam case
LUCKNOW : Seven more FIRs have been filed against Ansal API at Sushant Golf City Police Station in the alleged land scam case. With this over 75 cases have been lodged against the firm so far. In the fresh cases, it has been alleged that the company defrauded victims of more than Rs 1.06 crore in the name of plots and flats. According to complainant Ritu Singh, of Hindnagar on Kanpur Road, she booked a plot by paying Rs 62 lakh in 2010 but has not received the plot yet. Vibha of BBD's Manas Garden Colony booked a 162 sqm plot in 2011 and paid Rs 8.92 lakh in several instalments but didn't get possession of the plot. Hemant Dayal of Chandernagar in Alambagh booked two flats in the Paradise Diamond Project in his and his aunt Geeta's name by paying Rs 12.28 lakh in 2010. So far, they haven't received any flat. Another buyer, Chandra Prakash Singh of Govindpur in Prayagraj, booked a flat in 2010 and paid Rs 5.84 lakh. Laldhari Singh, Haresh Pratap Singh and Jagpal Singh of Prayagraj also booked flats and deposited Rs 5.84 lakh. But no one received the flats.
