| LATEST NEWS | TH's Recovery and Restructuring Plan addressed RM12.6 bln in investment losses, including RM10 bln under the 2018 Recovery Plan and RM2.6 bln by end-2025 | The gap between assets and liabilities identified at end-2017 widened to more than RM10 billion by end-2018 - TH | BNM had since 2014 raised concerns on TH's high profit distribution practice which led to the already-low reserves to become negative | Restructuring plan in 2018 was to tackle TH's financial deficit that required an immediate bailout from the govt to protect TH from insolvency - TH | |
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.
By Siti Radziah Hamzah
KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.
KUALA LUMPUR, July 23 (Bernama) -- Mongolian Mining Corporation reported stronger operational performance for the second quarter ended June 30, 2026, with washed coking coal production rising 29 per cent year-on-year to 2,814.1 thousand tonnes (kt).
KUALA LUMPUR, July 23 (Bernama) -- The strengthening of the ringgit to RM4.0905 on July 20, 2026, reflects strong economic fundamentals, supported by resilient export performance and a sustained trade surplus, according to the Ministry of Economy.
SINGAPORE, July 23 (Bernama) -- Sarawak state-owned airline AirBorneo Airways expects strong demand for its newly launched first international route between Kuching and Singapore, following the inaugural flight on July 22.
KUALA LUMPUR, July 23 (Bernama) -- Westports Holdings Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM360.90 million from RM231.63 million in the same quarter a year ago.
KUALA LUMPUR, July 23 (Bernama) -- The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) today signed a memorandum of understanding (MoU) to establish a practical framework to facilitate dual initial public offering (IPO) listings, including primary and secondary listings, mutual recognition of investment funds, and expanded cross-border investment opportunities.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia closed marginally higher at mid-day in subdued market sentiment, with buying interspersed with selling in selected heavyweight stocks, tracking gains in regional markets amid surging crude oil prices.
KUALA LUMPUR, July 23 (Bernama) -- Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).
KUALA LUMPUR, July 23 (Bernama) -- Petronas Chemicals Group Bhd’s share price rose 1.69 per cent to RM4.80, on stronger potential quarter-on-quarter (q-o-q) earnings in 2Q FY2026, mainly driven by the fertiliser and methanol segment.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened firmer on Thursday, tracking regional peers, as upbeat earnings from global technology (tech) companies spilt over to local tech stocks.
