| 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 | |
KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, July 2 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd (BPMB) group, has appointed Samad Majid Zain as chief executive officer effective July 1, 2026.
KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.
KUALA LUMPUR, July 1 (Bernama) -- Khazanah Nasional Bhd has welcomed the recommendations of the Public Accounts Committee (PAC) on Malaysia Airports Holdings Bhd (MAHB) and the continued strengthening of Malaysia's airport ecosystem.
KUALA LUMPUR, July 1 (Bernama) -- U Mobile Sdn Bhd has successfully migrated to its own nationwide ULTRA5G network after exiting the wholesale access agreement with Digital Nasional Bhd (DNB).
CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes.
JAKARTA, July 1 (Bernama) -- Sustainable finance is becoming increasingly mainstream in the banking sector, as rising demand for electric vehicles (EVs), green homes and other low-carbon investments prompts financial institutions to broaden their financing and investment offerings.
KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, July 1 (Bernama) -- Microleap PLT (microLEAP), Commerce Access Sdn Bhd (CASB) and Halal Development Corporation Bhd (HDC) have launched a nationwide initiative aimed at improving small and medium enterprises' (SMEs) access to financing for government contracts through funding, training and business support.
KUALA LUMPUR, June 30 (Bernama) -- Pengurusan Aset Air Bhd (PAAB), a wholly owned company of the Minister of Finance (Incorporated), today launched its Sustainable Islamic Finance Framework, marking three national milestones.
JAKARTA, June 30 (Bernama) -- Maybank Group has committed to mobilise US$73 billion (US$1 = RM 4.06) in sustainable finance across ASEAN by 2030, raising its ambition as it continues to support what it describes as a responsible and orderly transition that drives long-term growth and resilience.
KUALA LUMPUR, June 30 (Bernama) -- The Premier Jumping League (PJL) announced that seasoned trader, investor, and competitive race car driver Jason McCarthy and McCarthy Jumping League LLC acquired the league’s first team in a landmark US$50 million transaction. (US$1=RM4.06)
