28d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is emerging as a key beneficiary of Southeast Asia's structural transformation as the region shifts from cyclical recovery, according to Jones Lang LaSalle IP Inc (JLL).
28d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Hartalega Holdings Bhd’s net profit for the first quarter ended June 30, 2026 (1Q 2026) rose to RM70.03 million from RM12.61 million a year earlier.
28d ago
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.
30d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Aug 2 (Bernama) -- Racing a sports car can deliver an adrenaline rush, but for Admi Shahrul Ahmad Saffian, helping others master these high-performance vehicles gives him a sense of excitement and a passion that has become even more rewarding.
1m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The government expects Malaysia’s economic performance to remain strong in the second half of 2026 (2H 2026), said Minister of Economy Akmal Nasrullah Mohd Nasir.
1m ago
KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji’s (TH) profit distribution is only announced based on audited financial results, thus strengthening the integrity of the financial reporting process and increasing depositors' confidence in the institution.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
KUALA LUMPUR, July 30 (Bernama) -- Global air passenger demand, measured in revenue passenger kilometres (RPK), fell 1.7 per cent year-on-year (y-o-y) in June 2026, largely due to declines in domestic markets in China, the United States and Japan, according to the International Air Transport Association (IATA).
1m ago
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).
1m ago
By K. Naveen Prabu
KUALA LUMPUR, July 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday as improving raw material supply in Thailand weighed on market sentiment, a dealer said.