| 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 | |
KEPALA BATAS, July 2 (Bernama) -- Ideal Property Group has completed all infrastructure works at its 880-acre (323.7-hectare) Penang Technology Park @ Bertam, with the development entering full delivery following the completion of its landmark entrance gateway.
KUALA LUMPUR, July 2 (Bernama) -- The National Semiconductor Strategy (NSS) has secured more than RM85 billion in approved investments as of December 2025, said Deputy Minister of Investment, Trade and Industry (MITI) Sim Tze Tzin.
KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
KUALA LUMPUR, July 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday, tracking losses in regional rubber futures markets, a dealer said.
KUALA LUMPUR, July 1 (Bernama) -- Nippon Kinzoku Co Ltd, a manufacturer of cold-rolled stainless steel, has introduced its new "Decorative Stainless Steel Finishes for Exterior Use".
JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.
KUALA LUMPUR, July 1 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has partnered with Pyramid Pharma Services to provide an integrated United States (US)-based manufacturing solution for drug developers.
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.
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note, supported by selective buying interest in heavyweight counters, particularly within the utilities sector, amid range-bound trading.
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.
By Abdul Hamid A Rahman
KUALA LUMPUR, June 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, supported by gains in regional rubber futures markets and a slightly weaker ringgit against the US dollar, a dealer said.
