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TH Needs To Focus On Sustainable Returns, Prioritise Savings Of Pilgrims - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.

Sarawak Moves Towards Becoming Home To Southeast Asia's Regenerative Medicine Hub

KUCHING, Aug 14 (Bernama) -- Sarawak is taking steps to strengthen its position in the biotechnology and healthcare sectors through a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bio-Industrial Park.

Maxis Posts Strong RM436 Mln Net Profit In 2Q 2026, Declares Four Sen Dividend

KUALA LUMPUR, Aug 14 (Bernama) -- Maxis Bhd posted a stronger net profit of RM436 million in the second quarter ended June 30, 2026 (2Q 2026) , compared with RM398 million in the same period a year ago. 

Digital Penang Eyes 2,000 Users For SME Digital Matching Platform In Six Months

GEORGE TOWN, Aug 14 (Bernama) -- Digital Penang is targeting 2,000 users for its SME Digital Matching Platform within the first six months as part of efforts to accelerate digital adoption among small and medium enterprises (SMEs) in the state.

Nasdaq-listed Intuitive To Invest Nearly US$500 Mln In Penang Over Five Years

GEORGE TOWN, Aug 14 (Bernama) -- US robotic-assisted surgery pioneer and Nasdaq-listed Intuitive Surgical Inc expects its investment in Penang to reach nearly US$500 million (US$1=RM4.08) over the first five years of operations as it establishes a major manufacturing presence in the state.

Pulau Jerejak Can Become Financial Hub To Complement High-Tech Sector - Sim

GEORGE TOWN, Aug 14 (Bernama) -- Pulau Jerejak has the potential to be developed as a financial hub to complement the semiconductor and high-tech sector in Bayan Lepas.

CelcomDigi 2Q FY2026 net Profit Falls To RM398 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- CelcomDigi Bhd’s net profit for the second quarter ended June 30, 2026 fell to RM398 million from RM439 million a year ago.

Malaysia's Economy Grows 6.0 Pct In 2Q 2026, Beating DOSM's Advance Estimates -- BNM

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia's economy expanded by 6.0 per cent in the second quarter of 2026 (2Q 2026), surpassing the Department of Statistics Malaysia's (DOSM) advance estimate of 5.8 per cent, according to Bank Negara Malaysia (BNM).

Pharmaniaga Shares Up 1.70 Pct After 2Q Profit Surge

KUALA LUMPUR, Aug 14 (Bernama) -- Pharmaniaga Bhd’s share price rose 1.70 per cent in early trading on Friday after the company reported a second quarter 2026 (2Q 2026) surge in net profit yesterday.

TH Should Focus On Income Stability, Avoid Pressure Of Chasing High Returns

By Nurul Jannah Kamaruddin and Mohd Noor Azeery Idris

KUALA LUMPUR, Aug 14 (Bernama) -- Income stability, liquidity, and capital safety must continue to form the basis of Lembaga Tabung Haji’s (TH) investment policy, given that the institution manages withdrawable savings.

Pharmaniaga 2Q 2026 Net Profit Rises To RM12.49 Mln

KUALA LUMPUR, Aug 13 (Bernama) -- Pharmaniaga Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM12.49 million from RM3.96 million a year earlier.

Singapore Entity Secures Green Financing For Johor Data Centre Campus

KUALA LUMPUR, Aug 13 (Bernama) -- ST Telemedia Global Data Centres (STT GDC) has secured a green financing facility of up to US$1.37 billion (RM5.6 billion) to support the development of its flagship Malaysian data centre campus in Johor.