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KUALA LUMPUR, Aug 11 (Bernama) -- Bank Negara Malaysia (BNM) had issued five warning letters to the Tabung Haji (TH) chairman and the Minister of Religious Affairs regarding the gap between TH's assets and liabilities.
KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.
GEORGE TOWN, Aug 10 (Bernama) -- The Economy Ministry is finalising its development spending proposals for Budget 2027, with its findings and recommendations expected to be submitted to the Ministry of Finance by mid-August.
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.
KOTA KINABALU, Aug 9 (Bernama) -- The Sabah government will acquire a 30 per cent stake in two new oil and gas fields on the state's east coast, said Sabah Chief Minister Datuk Seri Hajiji Noor.
KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.
KUALA LUMPUR, Aug 6 (Bernama) -- Lotte Chemical Titan Holding Bhd’s net loss widened to RM174.2 million in the second quarter (2Q) ended June 30, 2026, from RM173.08 million in the same quarter a year ago.
KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia can become one of the world’s 30 largest economies if its annual nominal gross domestic product (GDP) growth outpaces that of other countries by at least two percentage points, according to Tan Sri Abdul Wahid Omar.
KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)
GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.
KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia's business events industry is projected to generate a cumulative economic impact of RM34.97 billion by 2030, driven by ongoing and strategic initiatives, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.
