| 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 | |
KOTA KINABALU, June 26 (Bernama) -- Moneysave (M) Sdn Bhd and the Labuan Chamber of Commerce (LCC) signed a memorandum of understanding (MoU) today to launch a RM200 million financing initiative aimed at improving access to capital for small and medium enterprises (SMEs) in Sabah and Labuan.
KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.
SERDANG, June 26 (Bernama) -- Malaysian light aircraft manufacturer Aeronas Aerocraft Sdn Bhd has secured an order for 50 light aircraft worth US$85 million (RM357 million) from Hong Kong-based Consortium Wholechoice.
By Siti Noor Afera Abu
KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.
KUALA LUMPUR, June 25 (Bernama) -- Collaboration between local companies and multinational corporations (MNCs) can serve as a good model to strengthen Malaysian brands and move the country beyond merely being a manufacturing base, said Entrepreneur and Cooperatives Development Minister Steven Sim.
KUALA LUMPUR, June 25 (Bernama) -- A “pantun”, two familiar consumer brands and a call for stronger business cooperation came together at the launch of Tealive and Dutch Lady Malaysia’s ready-to-drink dairy beverage collaboration today.
KUALA LUMPUR, June 25 (Bernama) -- Guest Supply, part of Sysco Corporation, has inked a licensing agreement with RODA to manufacture and distribute RODA-branded skincare and personal care products across the Asia Pacific (APAC) for the hotel sector.
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s economy continues to signal an optimistic prospect in the near term, as reflected in the performance of the Leading Index (LI), which increased by 1.29 per cent to 115.0 points in April 2026, compared with 113.5 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).
SERDANG, June 25 (Bernama) -- Malaysia aims to achieve a 15-20 per cent revenue growth for its aerospace industry this year, driven by rising global demand for aircraft and the continued expansion of the industry's supply chain.
KUALA LUMPUR, June 25 (Bernama) -- More than RM4 billion out of the RM5 billion allocation under Bank Negara Malaysia’s (BNM) Small and Medium Enterprise Stabilisation Relief Facility (SME SRF) is still available to assist micro, small and medium enterprises (MSMEs) manage cash flow and reduce operational disruptions.
KUALA LUMPUR, June 25 (Bernama) -- A total of 11 developers have registered under the Corporate Renewable Energy Supply Scheme (CRESS) as of May 2026.
KUALA LUMPUR, June 24 (Bernama) -- Mary Kay Inc, the iconic beauty and entrepreneurship company, has been named the world's No. 1 direct selling brand for skin care and colour cosmetics by Euromonitor International for the fourth consecutive year.
