30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The country's Gross Domestic Product (GDP) growth rate jumped to six per cent in the second quarter of 2026, exceeding market expectations and thus recording the strongest second-quarter growth performance outside of the pandemic period since 2014.
30d ago
By Nurul Jannah Kamaruddin and Mohd Noor Azeery Idris
KUALA LUMPUR, Aug 14 (Bernama) -- Income stability, liquidity, and capital safety must continue to form the basis of Lembaga Tabung Haji’s (TH) investment policy, given that the institution manages withdrawable savings.
1m ago
PUTRAJAYA, Aug 13 (Bernama) -- The Penang International Logistics Aeropark (PILA) is set to significantly boost air cargo facilities and capacity in Malaysia’s northern region, said Transport Minister Anthony Loke.
1m ago
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.
1m ago
KUALA LUMPUR, Aug 11 (Bernama) –- The government always ensures that its debts are repaid, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).
1m ago
By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1m 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.
1m 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.
1m 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.
1m ago
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.