Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Malaysia Well-positioned Against Advanced Cyber Threats - Kaspersky

From K. Naveen Prabu

GUANGZHOU, Aug 3 (Bernama) -- Malaysia is well prepared to defend against advanced cyber threats targeting government institutions, according to global cybersecurity firm Kaspersky.

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt Bears RM1.25 Bln LPG Subsidies For January-May -- MOF

KUALA LUMPUR, July 31 (Bernama) -- The government has borne almost RM1.25 billion in liquefied petroleum gas (LPG) subsidies for the period from January to May 2026, said the Ministry of Finance (MOF). 

Genting Plantations Unit Raises RM200 Mln In First Sukuk Murabahah Issuance

KUALA LUMPUR, July 31 (Bernama) -- Genting Plantations Bhd’s wholly owned subsidiary, Bina Restu Bhd, has completed its first issuance of RM200 million sukuk murabahah under its RM2 billion sukuk murabahah programme to finance the group’s property development activities.

TH's RM10 Bln Loss Could Have Funded B40 Haj Pilgrims For Over 20 Years

By Nor Baizura Basri

KUALA LUMPUR, July 31 (Bernama) -- The RM10 billion loss incurred by Lembaga Tabung Haji (TH) could have funded haj subsidies for a larger number of muassasah pilgrims -- particularly those from the B40 group -- to perform the pilgrimage over a period of more than 20 years.

PAAB Raises RM720 Mln Blue Sukuk For Water Infrastructure

KUALA LUMPUR, July 31 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has completed the issuance of RM720 million of blue sukuk through Pengurusan Air SPV Bhd under its existing RM2 billion Islamic Commercial Papers Programme.

AICB, ICC Academy Launch Certified Trade Finance Qualification To Strengthen Malaysia’s Talent Pipeline

KUALA LUMPUR, July 31 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) in collaboration with the International Chamber of Commerce (ICC) Academy has officially launched the Certified Trade Finance Professional (CTFP) programme in Malaysia, expanding access to an internationally recognised qualification for professionals supporting cross-border trade.

TH Says Nearly RM10 Bln In Asset Sales Aided Recovery, RM2.6 Bln Lossses Later Addressed

KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.

2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.

YTL Hospitality's REIT FY2026 Net Profit Jumps To RM240.74 Mln 

KUALA LUMPUR, July 30 (Bernama) -- YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) recorded a higher net profit of RM240.74 million for the financial year ended June 30, 2026 (FY2026), compared to RM148.55 million in FY2025.

Anwar Says Tabung Haji Back On Strong Footing

KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Lembaga Tabung Haji (TH) had been successfully restored after problems arising from past negligence and mismanagement were detected early.