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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.
By Kisho Kumari Sucedaram
KUALA LUMPUR, July 31 (Bernama) -- Malaysia Airlines reserves its comment on its pilot being caught for a narcotics-related offence by the Indonesian authorities but noted that the airline takes such allegations seriously.
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.
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.
KUALA LUMPUR, July 30 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is monitoring the implementation of several new interconnection projects, including the Sarawak-Peninsular Malaysia interconnection project with a capacity of up to 1,000MW.
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.
KUALA LUMPUR, July 30 (Bernama) -- Malaysia recorded strong trade performance in 2025, with total trade up by 6.3 per cent, or RM182.4 billion, to RM3.1 trillion year-on-year (y-o-y) in line with the rise in both exports (6.6 per cent) and imports (6 per cent).
KUALA LUMPUR, July 30 (Bernama) -- Business leaders from nearly 30 European companies will visit Kuala Lumpur next week to meet Investment, Trade and Industry Minister Johari Abdul Ghani and senior government officials, as negotiations on the Malaysia-European Union (EU) Free Trade Agreement (FTA) advance towards a targeted conclusion in 2027.
KUALA LUMPUR, July 30 (Bernama) -- Malaysia's micro, small and medium enterprises (MSMEs) gross domestic product (GDP) grew 5.7 per cent in 2025, outpacing the country's overall GDP growth of 5.2 per cent, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, July 30 (Bernama) -- The government’s guarantee to depositors of Lembaga Tabung Haji (TH), currently worth RM88 billion, will be activated should TH fail to implement the LTH Recovery and Restructuring Plan 2018, according to the Tabung Haji Royal Commission of Inquiry (RCI).
KUALA LUMPUR, July 30 (Bernama) -- The Royal Commission of Inquiry (RCI) on Lembaga Tabung Haji (TH) said the Islamic pilgrimage fund should not have declared a 4.50 per cent annual profit distribution (hibah) and a 1.75 per cent hajj hibah, totalling RM2.75 billion, for the 2017 financial year.
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.
