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Govt Tightens Financial And Investment Measures At Tabung Haji, Ensures Non-Recurrence Of Crisis

By Nor Baizura Basri & Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Haji (TH) through stricter policy and regulatory measures to ensure that similar issues do not recur was among the messages at yesterday’s special Dewan Rakyat sitting.

​​​​​​​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.

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.

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.

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.

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. 

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.

MPOB Turns Palm Oil Into Water-saving Cooling Solution For Data Centres

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has developed Sawit EcoTherm, a palm-based immersion cooling fluid that can significantly reduce water consumption and energy use in data centres while supporting more sustainable digital infrastructure.

Japanese Cuisine To Boost Japan's Agricultural And Seafood Product Exports To Malaysia

KUALA LUMPUR, Aug 9 (Bernama) -- Japanese cuisine, driven by demand for halal food products and rising consumer incomes, will boost exports of Japanese agricultural and seafood products to Malaysia, said Japan External Trade Organisation (Jetro) Kuala Lumpur managing director Koichi Takano.

DPS Resources Unit Inks MoU With Hangyue For Melaka Data Centre Colocation

KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.

Selangor Targets RM14,500 Median Household Income Under RS-2

SHAH ALAM, Aug 7 (Bernama) -- The Selangor government is targeting to raise the state’s median monthly household income to RM14,500 and reduce the unemployment rate to 2.2 per cent under the Second Selangor Plan (RS-2).

Malaysia Needs To Focus On Boosting Financial Ecosystems To Help Local Firms Grow -- Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia does not need to create new investment funds but rather focus on strengthening ties between existing financing ecosystems to help local companies grow, said Finance Minister II Datuk Seri Amir Hamzah Azizan.