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KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.
KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).
KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).
KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, Oct 22 (Bernama) -- Harbour-Link Group Bhd’s 85 per cent-owned subsidiary Harbour-Link Lines Sdn Bhd has entered into two separate sale and purchase agreements with Sapor Shipbuilding Industries Sdn Bhd to acquire two vessels worth RM56.68 million.
KUALA LUMPUR, Oct 22 (Bernama) -- Taiwan’s CTBC Bank has won three awards at The CorporateTreasurer Awards 2026 in Singapore, including Best for FX/Hedging Solutions – North Asia, marking its fifth recognition from the publication.
KUALA LUMPUR, Oct 22 (Bernama) -- Chery’s robotics brand AiMOGA Robotics plans to open an initial network of 300 experience centres worldwide after launching its first home companion robot, Mobo, which has drawn interest from more than 10,000 prospective users.
KUALA LUMPUR, Oct 22 (Bernama) -- Kerjaya Prospek Group Bhd, through a consortium involving its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPMSB), has secured a RM568.19 million contract from Tenaga Nasional Bhd (TNB) for the execution and establishment of Paka GIS in Terengganu.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia ended mixed on Thursday, with the benchmark index rising 0.36 per cent as bargain hunting continued in selected heavyweights, outperforming most regional markets, which closed lower, an analyst said.
