TH Should Bolster Its Sustainability, Protect Depositors’ Interests -- Expert

KUALA LUMPUR, Aug 10 (Bernama) -- Lembaga Tabung Haji (TH) needs to bolster its institutional sustainability to ensure that it is not only able to survive in the long term, but also has a strong governance structure, risk management and investment strategy to protect the interests of depositors. 

Sheng Long Invests RM140 Mln To Build Its First Aquaculture Food Factory In Taiping - Exco

 IPOH, Aug 10 (Bernama) -- Agriculture and livestock-related company Sheng Long Aqua Technology (M) Sdn Bhd has invested RM140 million to build a new factory in Kamunting, Taiping.

Future-Ready, Trust-Centred Accountancy Profession Key To Malaysia's Competitiveness - MIA

By Karina Imran

KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia's accountancy profession must evolve into a future-ready, value-driven and trust-centred profession to strengthen the country's economic competitiveness amid rapid technological transformation and growing sustainability demands.

MPOB Turns Palm Oil Into Water-saving Cooling Solution For Data Centres

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has developed Sawit EcoTherm, a palm-based immersion cooling fluid that can significantly reduce water consumption and energy use in data centres while supporting more sustainable digital infrastructure.

MAG Mandates Drug Screening For All Pilots, Says Detained Pilot Was Off Duty

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia Aviation Group (MAG) has commenced mandatory drug screening for all 1,260 Malaysia Airlines pilots and will implement stricter screening for all active pilots, going beyond current industry practice.

Stronger TH Performance Driven By Reforms From Implementation Of RCI Recommendations - Economist

KUALA LUMPUR, Aug 7  (Bernama) --  The stronger financial performance of Lembaga Tabung Haji (TH) at present is the result of institutional reforms implemented since its restructuring, including the implementation of 75 per cent of the recommendations made by the Royal Commission of Inquiry (RCI), according to an economist.

Foreign Investors Return To Malaysian Equities With RM300.9 Mln Net Inflows In July

KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.

Malaysia's Strong Business Environment And Sound Fiscal Framework Draw Foreign Investors - BMI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia offers one of the region's strongest business environments, underpinned by a sound fiscal framework, making it an attractive investment destination for foreign investors, according to BMI, a Fitch Solutions company.

BAC To Invest US$150 Mln In Nilai Manufacturing Facility

NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.

East Asian LNG Prices Edge Higher On Heat, Geopolitical Risk -- Rystad Energy

KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.

Shell Takes Final Investment Decision On Malikai Phase 3

KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.

IILM Achieves Record US$7.4 Bln Outstanding Sukuk Portfolio

KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.