| LATEST NEWS | AMMB's net profit rose to RM520.22 mln in 1Q FY2027 from RM516.17 mln a year earlier, and revenue increased to RM1.32 bln versus RM1.29 bln previously | Malaysia, Phillipines discuss expediting repatriation of over 1,000 Filipinos from four detention centres in Sabah - FM Mohamad Hasan | Social media platforms agree to take down 93 per cent of 470,593 requested content - Fahmi | MCMC-JIM cooperation focuses on capacity building, intelligence sharing, investigations and joint operations - Saifuddin Nasution | Losses due to online fraud in Malaysia reach RM958 million for January to June - Fahmi | |
KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.
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.
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.
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.
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.
KUALA LUMPUR, Aug 11 (Bernama) – Lembaga Tabung Haji (TH) is continuing its efforts to obtain the remaining arbitration award from Saudi Arabia-based property developer and project management company Al-Rawda Real Estates Development & Project Management Co Ltd, including through asset tracing, after the company only paid 14.9 million Saudi riyal (one Saudi riyal = RM1.09) out of the 899 million Saudi riyal awarded.
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.
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.
KUALA LUMPUR, Aug 11 (Bernama) -- The National Energy Efficiency Policy and Action Plan 2026–2035 (NEEAP 2.0) aims to deliver RM85.24 billion in utility savings, reduce national energy demand by 11.6 per cent, and achieve cumulative energy savings of 815,383 terajoules (TJ) by 2035.
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.
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.
KUALA LUMPUR, Aug 11 (Bernama) -- The government risked assuming liabilities of about RM74.5 billion if a massive panic withdrawal, or “bank run”, had occurred in 2018, said Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan.
