| 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 | |
SIBU, July 11 (Bernama) -- Sarawak will establish the Sibu Economic Zone (SEZ) with an allocation of RM1.5 billion to coordinate Sibu’s economic development in a more comprehensive and integrated manner, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
KUALA LUMPUR, July 10 (Bernama) -- The Malaysia External Trade Development Corporation’s (MATRADE) Global Sourcing Programme (GSP) has generated RM325.95 million in export sales for Malaysian aerospace companies.
KUALA LUMPUR, July 10 (Bernama) -- Vietjet has introduced Vietnam Halal Connect, a proposed initiative to foster closer collaboration among airlines, airports, tourism businesses, halal certification bodies and technology partners in support of Muslim travel to Vietnam.
By Harizah Hanim Mohamed
BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.
By Harizah Hanim Mohamed
PORT KLANG, July 10 (Bernama) -- Port Klang Free Zone (PKFZ) will not lose out from Port Klang’s development of its third terminal on Carey Island as the economic cake is enough with increased cargo movements.
KUALA LUMPUR, July 10 (Bernama) -- EarthDaily, a global Earth observation company, has successfully established initial contact with EDC-08 following its launch aboard SpaceX's Transporter-17 mission on July 7.
By M. Saraswathi & Karina Imran
KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s economy continues to show resilient growth despite the ongoing West Asia conflict, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.
KUALA LUMPUR, July 9 (Bernama) -- The government will emphasise sustainable, inclusive and people-centric economic growth, in line with the MADANI Economy Framework: Empowering the People, in formulating Budget 2027.
By Danni Haizal Danial Donald
KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.
KUALA LUMPUR, July 9 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today organised an Environmental, Social and Governance (ESG) Awareness Session for local automotive vendors.
KUALA LUMPUR, July 9 (Bernama) -- Abaxx Technologies Inc announced that Climate Impact X (CIX), a global environmental markets exchange, has been approved as an eligible custodian for Abaxx Exchange’s carbon futures contracts.
KUALA LUMPUR, July 8 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is inviting Malaysian companies to register for the International Sourcing Programme (INSP), to be held alongside the 22nd Malaysia International Halal Showcase (MIHAS) 2026.
