17d ago
KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
17d ago
KUALA LUMPUR, Aug 11 (Bernama) -- SD Guthrie Bhd’s (Guthrie) net profit for the second quarter of 2026 (2Q 2026) ended June 30 jumped to RM987 million from RM505 million in 2Q 2025.
17d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.
17d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, buoyed by gains in regional rubber futures and firmer crude oil prices, a dealer said.
17d ago
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.
17d ago
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.
17d ago
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.
17d ago
KUALA LUMPUR, Aug 11 (Bernama) -- MN Holdings Bhd's share price rose today after the company announced that its wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, secured a works contract from Tenaga Nasional Bhd (TNB) worth RM122.31 million.
17d ago
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).
17d ago
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.
17d ago
KUALA LUMPUR, Aug 11 (Bernama) -- The Industrial Production Index (IPI) rose by 6.5 per cent year-on-year (y-o-y) in June 2026, continuing the positive momentum across all sectors, said the Department of Statistics Malaysia (DOSM).
17d ago
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) investment in Putrajaya Perdana Bhd (PPB) and putting the then TH chairman as PPB chairman have dragged TH into 1Malaysia Development Bhd’s (1MDB) transactions, ultimately causing RM145.3 million in losses.