Malaysia Can Achieve High-Income Status In 3 Years - Sim

GEORGE TOWN, Aug 14 (Bernama) -- Malaysia has the potential to achieve high-income nation status in the next two to three years if the people continue to work hard and remain united in driving the country's progress.

Malaysia’s Cocoa Grinding Rises 29 Pct to 90,849 Tonnes In 2Q 2026 - Barry Callebaut

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia’s cocoa industry is seeing signs of recovery, with cocoa grinding rising 29 per cent year-on-year to 90,849 tonnes in the second quarter of 2026, despite supply and price volatility over the past two years, said chocolate firm Barry Callebaut.

Portfolio Restructuring Enhances TH's Capacity To Generate Consistent Returns

By Nurul Jannah Kamaruddin and Nur Aiman Najwa Dzamae

KUALA LUMPUR, Aug 13 (Bernama) -- Tabung Haji (TH) is now in a better position to consistently generate returns of between four and five percent -- or even higher -- without assuming excessive risk.

VSTECS Shares Rise 3.42 Pct In Early Trade After Firmer 2Q Results

KUALA LUMPUR, Aug 13 (Bernama) -- VSTECS Bhd’s share price rose 3.42 per cent in early trade today after the company announced its net profit for the second quarter of 2026.

Vstecs 2Q Net Profit Jumps 50 Pct To RM30.31 Mln On Strong Growth Across All Business Segments

KUALA LUMPUR, Aug 12 (Bernama) -- Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments.

Govt Tightens Financial And Investment Measures At Tabung Haji, Ensures Non-Recurrence Of Crisis

By Nor Baizura Basri & Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Haji (TH) through stricter policy and regulatory measures to ensure that similar issues do not recur was among the messages at yesterday’s special Dewan Rakyat sitting.

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.

Tabung Haji Stable, Growing Stronger - MoF

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).

TH Impairment Policy Changed Twice In A Day For 2017 Profit Levels

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.

Government Bails Out TH With Over RM10 Bln To Restore Finances, Not Sell Assets

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.

Govt Faced RM74.5 Bln Liability Risk If ‘Bank Run’ Occurred In 2018

KUALA LUMPUR, Aug 11 (Bernama) -- The government risked assuming liabilities of about RM74.5 billion if a massive panic withdrawal, or “bank run”, had occurred in 2018, said Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan.

Japanese Cuisine To Boost Japan's Agricultural And Seafood Product Exports To Malaysia

KUALA LUMPUR, Aug 9 (Bernama) -- Japanese cuisine, driven by demand for halal food products and rising consumer incomes, will boost exports of Japanese agricultural and seafood products to Malaysia, said Japan External Trade Organisation (Jetro) Kuala Lumpur managing director Koichi Takano.