Economy

Quarterly Performance Disclosure Could Boost Confidence In Tabung Haji

KUALA LUMPUR, Aug 10 (Bernama) -- Tabung Haji (TH) should announce its financial and investment performance on a quarterly basis -- as practised by the Employees Provident Fund (EPF) -- as a measure to strengthen transparency and boost depositor confidence.

MCT SEA Opens New Pathway For Mal Malaysia Champions To M8

KUALA LUMPUR, Aug 10 (Bernama) -- The champions of the Mobile Legends: Bang Bang (MLBB) Academy League (MAL) Malaysia will have a new pathway to the M8 World Championship following the introduction of the MLBB Championship Tour Southeast Asia (MCT SEA) in the fourth quarter of this year.

Inta Bina Bags RM115.65 Mln Construction Contract From Sime Darby Property

KUALA LUMPUR, Aug 10 (Bernama) -- Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a main building works contract worth RM115.65 million from Sime Darby Property (KL East) Sdn Bhd.

Budget 2027: Economy Ministry Finalising Development Spending Proposals

GEORGE TOWN, Aug 10 (Bernama) -- The Economy Ministry is finalising its development spending proposals for Budget 2027, with its findings and recommendations expected to be submitted to the Ministry of Finance by mid-August.

Malaysia’s Palm Oil Stockpiles Rise 3.32 Pct To 2.63 Mln Tonnes In July 2026 -- MPOB

KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia’s palm oil stockpiles rose by 3.32 per cent, or 84,495 tonnes, to 2.63 million tonnes in July 2026 from 2.54 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

Malaysia's Positive Economic Growth Reflects Country's Resilience – Academic

KUALA LUMPUR, Aug 10 (Bernama) -- The preliminary estimate of Malaysia's gross domestic product (GDP), which grew by 5.8 per cent in the second quarter of 2026, is a positive development that reflects the resilience of the country's economy amid an uncertain global environment, said an academic.

TH Should Bolster Its Sustainability, Protect Depositors’ Interests -- Expert

KUALA LUMPUR, Aug 10 (Bernama) -- Lembaga Tabung Haji (TH) needs to bolster its institutional sustainability to ensure that it is not only able to survive in the long term, but also has a strong governance structure, risk management and investment strategy to protect the interests of depositors. 

MITI Continues To Strengthen E&E Sector To Ensure Malaysia Remains Global Technology Supply Player

GEORGE TOWN, Aug 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to empower the electrical and electronics (E&E) sector to ensure Malaysia remains an important player in the global technology supply chain.

Sheng Long Invests RM140 Mln To Build Its First Aquaculture Food Factory In Taiping - Exco

 IPOH, Aug 10 (Bernama) -- Agriculture and livestock-related company Sheng Long Aqua Technology (M) Sdn Bhd has invested RM140 million to build a new factory in Kamunting, Taiping.

Sand Unit Price Index Rises 0.1 To 14.9 Pct Nationwide In July 2026 -- DOSM

KUALA LUMPUR, Aug 10 (Bernama) -- The unit price index of sand increased in July 2026, ranging from 0.1 per cent to 14.9 per cent nationwide, compared to the previous month, said the Department of Statistics Malaysia (DOSM).

AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

Bursa Malaysia Stays Lower At Midday Amid Profit-Taking

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia remained lower at midday, amid profit-taking in plantation, utilities and industrial product sectors.