15d ago
KUALA LUMPUR, July 30 (Bernama) -- The government’s guarantee to depositors of Lembaga Tabung Haji (TH), currently worth RM88 billion, will be activated should TH fail to implement the LTH Recovery and Restructuring Plan 2018, according to the Tabung Haji Royal Commission of Inquiry (RCI).
16d ago
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) on Tabung Haji has recommended recovering RM2.19 million in bonuses paid to board members and management of TH Properties, as the bonuses were awarded without complying with prescribed regulations.
16d ago
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.
16d ago
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.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- Pengurusan Air Selangor Sdn Bhd has successfully priced the world’s first blue sukuk and Malaysia’s first blue bond/sukuk issuance, with a nominal value of RM200 million.
16d ago
By M.Saraswathi
KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- CIMB Islamic Bank Bhd was named the World's Best Islamic Bank at the Euromoney Islamic Finance Awards 2026, becoming the first Malaysian bank to receive the prestigious global accolade since its inception.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- The Federal Government's fiscal deficit has continued to shrink for five consecutive years, demonstrating the government's commitment to an economic and fiscal reform plan that has yielded results, said Deputy Finance Minister Liew Chin Tong.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Amanah Raya Bhd (AmanahRaya) has appointed Datuk Seri Dr Vaseehar Hassan Abdul Razack as its chairman.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Oil and gas services firm United Asiapac Energy Bhd has launched its initial public offering (IPO) at an issue price of 35 sen per share, with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for Aug 19.