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TH Needs To Reduce Reliance On UJSB Sukuk Income – Bentong MP

KUALA LUMPUR, Aug 11 (Bernama) -- The government has been asked to detail steps to reduce  Lembaga Tabung Haji's (TH) reliance on income from Urusharta Jamaah Sdn Bhd's (UJSB) sukuk, which, according to the Royal Commission of Inquiry (RCI) Report, contributes nearly 26 per cent of the institution's annual income.

Competitive Labour Costs, Skilled Workforce Boost Malaysia's Foreign Investor Appeal - CEO

KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's competitive labour costs, low land prices and strong human resources have made the country investor-friendly, said Hong Kong-listed Far East Consortium International Ltd. 

HE Group Accepts LOI For Johor Data Centre Electrical Works Worth RM47 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- HE Group Bhd’s wholly owned subsidiary, Hexatech Engineering Sdn Bhd, has accepted a letter of intent (LOI) to proceed with the supply and installation of 275-kilovolt (kV) electrical works for a data centre in Johor, valued at approximately RM47 million.

Manufacturing Sales Hit RM177 Bln In June, Up 9.8 Pct Y-o-Y-- DOSM

PUTRAJAYA, Aug 11 (Bernama) -- The manufacturing sector’s sales value rose 9.8 per cent year-on-year (y-o-y) to RM177 billion in June 2026, higher than the 8.9 per cent increase recorded in May 2026 (RM172.7 billion), according to the Department of Statistics (DOSM).

TH Impairment Policy Changed Twice In A Day For 2017 Profit Levels

KUALA LUMPUR, Aug 11 (Bernama) – The impairment policy of Lembaga Tabung Haji (TH) was changed from 70 per cent to 85 per cent and then 90 per cent within one day for financial year 2017, thus allowing the year's profits to be increased for the payment of profit distributions, according to the Royal Commission of Inquiry (RCI) Report.

Asian Captive Conference 2026 To Focus On Emerging, Complex Risks

KUALA LUMPUR, Aug 11 (Bernama) -- The 8th Asian Captive Conference (ACC) 2026 will focus on the role of captive insurance in helping organisations manage emerging and increasingly complex risks amid a volatile global environment.

​​​​​​​BNM Issued 5 Warnings On TH's Financial Standing - Zulkifli

KUALA LUMPUR, Aug 11 (Bernama) -- Bank Negara Malaysia (BNM) had issued five warning letters to the Tabung Haji (TH) chairman and the Minister of Religious Affairs regarding the gap between TH's assets and liabilities.

Malaysia-Hong Kong Dual IPO Listing Framework To Take Effect Next Month - Anthony Loke

KUALA LUMPUR, Aug 11 (Bernama) -- The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, further strengthening capital market linkages between the two economies.

42 Companies Awarded FiT Projects, To Catalyse RM4.3 Bln In Investments

KUALA LUMPUR, Aug 11 (Bernama) -- A total of 42 companies have been successfully awarded projects under the 2026 Feed-in Tariff (FiT) mechanism, with the projects expected to catalyse approximately RM4.3 billion in total investments.

Government Bails Out TH With Over RM10 Bln To Restore Finances, Not Sell Assets

KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting   Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.