LATEST NEWS   2.49 billion Saudi riyal in rent for hajj pilgrim accommodation should have been paid to TH, but failed to be repaid - Amir Hamzah | TH's investment through Al-Rawda is only based on promissory notes - Amir Hamzah | 2.49 billion Saudi riyal in rent for hajj pilgrim accommodation should have been paid to TH, but failed to be repaid | Al-Rawda posted biggest loss among seven TH investments that recorded 100 per cent losses - Amir Hamzah | Seven out of TH's 14 troubled investments recorded 100 per cent losses - Amir Hamzah | 

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GLICs Deploy RM20.3 Bln Under GEAR-uP In 2025, Uplifting Rakyat

KUALA LUMPUR, Aug 7 (Bernama) -- The Government-Linked Enterprises Activation and Reform Programme (GEAR-uP), which is entering its third year, saw government-linked investment companies (GLICs) allocating and deploying RM 20.3 billion domestically. 

Capital Market To Drive Next Phase Of Semiconductor Growth

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia's capital market has an important role to play in supporting the nation's next phase of semiconductor growth as the country positions itself to capture opportunities arising from the reorganisation of global semiconductor supply chains.

Labuan Corporation Opens Up Five Strategic Assets For Leasing, Development

LABUAN, Aug 7 (Bernama) -- The 18-hole Labuan International Golf Club (LIGC), which has hosted Professional Golf of Malaysia (PGM) championships co-sanctioned by the Asian Development Tour (ADT), is among five strategic assets being offered by Labuan Corporation for lease and development.

Mongolian Mining Expects First Half 2026 Profit After Loss

KUALA LUMPUR, Aug 7 (Bernama) -- Mongolian Mining Corporation is expected to record a consolidated net profit of between approximately US$100.0 million and US$110.0 million for the six months ended June 30, 2026, compared with a consolidated net loss of US$19.9 million reported for the same period in 2025. (US$1=RM4.08)

Fortegra Receives Ratings Upgrade From AM Best, KBRA Following Acquisition

KUALA LUMPUR, Aug 7 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurer and part of DB Insurance Co Ltd, has received ratings upgrades from AM Best and KBRA following its acquisition by the South Korean insurer.

MAG Mandates Drug Screening For All Pilots, Says Detained Pilot Was Off Duty

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia Aviation Group (MAG) has commenced mandatory drug screening for all 1,260 Malaysia Airlines pilots and will implement stricter screening for all active pilots, going beyond current industry practice.

Bergedil Tofu Maker Eyes Seven-Figure Sales In 2026

By Nur Fadhliana Shaari

JOHOR BAHRU, Aug 7 (Bernama) -- Starting with just one sack of potatoes a day - enough to produce 150 packs (900 pieces) of “bergedil” or stuffed tofu puffs, local food enterprise TahuXTahu, which began operations in 2017, has achieved remarkable growth.

Stronger TH Performance Driven By Reforms From Implementation Of RCI Recommendations - Economist

KUALA LUMPUR, Aug 7  (Bernama) --  The stronger financial performance of Lembaga Tabung Haji (TH) at present is the result of institutional reforms implemented since its restructuring, including the implementation of 75 per cent of the recommendations made by the Royal Commission of Inquiry (RCI), according to an economist.

Foreign Investors Return To Malaysian Equities With RM300.9 Mln Net Inflows In July

KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.

Govt Initiates Expiry Review Of Anti-Dumping Duties On China, Vietnam Steel Coils Imports

KUALA LUMPUR, Aug 6 (Bernama) -- The government has initiated an expiry review of the anti-dumping duties imposed on imports of prepainted, painted or colour-coated steel coils (subject merchandise) originating or imported from China and Vietnam.

Malaysia Initiates Anti-Dumping Probe On Coated Steel Imports From China, Taiwan, Vietnam -- MITI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia has initiated an anti-dumping duty investigation on imports of flat rolled products of other alloy and non-alloy steel, plated or coated with aluminium and zinc, originating or exported from China, Taiwan and Vietnam (the subject merchandise).

Bursa Malaysia Ends Lower On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.