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KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.
KUALA LUMPUR, July 29 (Bernama) -- IJM Corporation Bhd chairman Tan Sri Krishnan Tan will step down after more than four decades with the group, as he will not seek re-election at the company's annual general meeting (AGM) on Aug 27.
KUALA LUMPUR, July 29 (Bernama) -- Consistent inflows into the National Trust Fund (KWAN), including accumulated investment returns, are expected to double the fund's net assets in about 10 years, according to Deputy Finance Minister Liew Chin Tong.
PUTRAJAYA, July 29 (Bernama) -- The Smallholder Palm Oil Replanting Financing Incentive Scheme (TSPKS 2.0) implemented by the Plantations and Commodities Ministry (KPK) has benefited 4,364 smallholders involving an area of 12,145.51 hectares (ha) with a total financing of RM190.13 million as of June 30.
KUALA LUMPUR, July 29 (Bernama) – Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia’s base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.
KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on The Pacific Insurance Bhd (TPIB) for breaching a requirement under the Financial Services Act 2013 and on Wang S Enterprise Sdn Bhd for non-compliance with the Money Services Business Act 2011.
By Kisho Kumari Sucedaram
KUALA LUMPUR, July 29 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has called on all relevant stakeholders, including airport operators, airlines, ground handlers and relevant government agencies, to work closely to ensure the smooth handling of the Formula 1 (F1) Gulf Air Bahrain Grand Prix in Malaysia.
KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour’s positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.
KUALA LUMPUR, July 28 (Bernama) -- Amanah Raya Bhd (AmanahRaya) has appointed Datuk Seri Dr Vaseehar Hassan Abdul Razack as its chairman.
KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as investors continue to monitor developments in West Asia, crude oil prices and cues from the upcoming US Federal Open Market Committee (FOMC) meeting on interest rate outlook, an analyst said.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 25 (Bernama) -- The Kuala Lumpur rubber market is projected to trade slightly lower next week due to ample supply, a balanced supply and demand, and limited speculative buying, despite ongoing geopolitical tensions and rising oil prices.
