| 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 | |
ASHGABAT (TURKMENISTAN), June 20 (Bernama) -- Since 1996, Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), has established a presence in Turkmenistan, a Central Asian nation known for possessing some of the world’s largest oil and gas reserves.
KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.
From Sharifah Hunaini Syed Ismail
ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the agreement signed between Malaysia and Turkmenistan reflects a mutual commitment to long-term cooperation that goes beyond mere commercial interests.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has described Petroliam Nasional Bhd’s (Petronas) success in securing one of the world's largest gas fields, following an agreement signed with the government of Turkmenistan, as an extraordinary achievement that positions the national oil and gas company among industry leaders.
KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.
KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN), June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Turkmenistan President Serdar Berdimuhamedov today witnessed the signing of a strategic partnership between Petronas and Turkmenistan authorities, marking a new chapter in economic and energy relations between the two countries.
By Muhammad Fawwaz Thaqif Nor Afandi
KUANTAN, June 19 (Bernama) -- Gentari Sdn Bhd expects Malaysia to contribute between 10 and 20 per cent of its renewable energy (RE) capacity over the next five to 10 years, underpinned by stronger domestic growth prospects and supportive government policies.
By Siti Noor Afera Abu
KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.
KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.
KUALA LUMPUR, June 19 (Bernama) -- LifTech Group Bhd’s initial public offering (IPO) shares made available to the Malaysian public were oversubscribed by 18.92 times ahead of its listing on the ACE Market of Bursa Malaysia on June 30, 2026.
