The Government Always Services Its Debts - Amir Hamzah
KUALA LUMPUR, Aug 11 (Bernama) –- The government always ensures that its debts are repaid, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
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KUALA LUMPUR, Aug 11 (Bernama) –- The government always ensures that its debts are repaid, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
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).
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, following an increase in assets that exceed liabilities, depositors’ savings, and the distribution rate, said the Ministry of Finance (MOF).
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.
KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.
KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.
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.
PUTRAJAYA, Aug 11 (Bernama) -- The manufacturing sector’s sales value rose 9.8 per cent year-on-year (y-o-y) to RM177 billion in June 2026, higher than the 8.9 per cent increase recorded in May 2026 (RM172.7 billion), according to the Department of Statistics (DOSM).
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.
KUALA LUMPUR, Aug 11 (Bernama) -- The Industrial Production Index (IPI) rose by 6.5 per cent year-on-year (y-o-y) in June 2026, continuing the positive momentum across all sectors, said the Department of Statistics Malaysia (DOSM).
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.