| 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 | |
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).
KUALA LUMPUR, June 30 (Bernama) -- The Malaysian delegation has secured export prospects of RM160 million at the recently concluded Korea Import Expo (KIE) 2026, outperforming the initial target of RM120 million, said the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, June 29 (Bernama) -- Nigel Wong Chun Teim has been re-elected as president of the Malaysian Association of Tour and Travel Agents (MATTA) for the 2026-2029 term, marking his second term leading the association.
KUALA LUMPUR, June 29 (Bernama) -- COOCON, a South Korean business data platform company, planned to launch Model Context Protocol (MCP)-based data services as it expands into the artificial intelligence (AI) agent market.
KUALA LUMPUR, June 27 (Bernama) -- Malaysia's Ministry of Finance (MOF) and Switzerland's State Secretariat for International Finance have successfully concluded the second round of renegotiations of the Agreement for the Elimination of Double Taxation with Respect to Taxes on Income between the two countries.
KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).
KUALA LUMPUR, June 26 (Bernama) -- San Francisco-based Elsa Corp has entered the English proficiency market in Malaysia by appointing K-Pintar Sdn Bhd and Cedar Tech Training Sdn Bhd as its authorised partners in the country to help organisations improve workplace English communication performance.
KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Palm Oil Association (MPOA) has appointed Mohd Haris Mohd Arshad as its new chairman for the 2026-2028 term, succeeding Datuk Lee Yeow Chor, who held the role for the last six years.
KUALA LUMPUR, June 25 (Bernama) -- Guest Supply, part of Sysco Corporation, has inked a licensing agreement with RODA to manufacture and distribute RODA-branded skincare and personal care products across the Asia Pacific (APAC) for the hotel sector.
KUALA LUMPUR, June 25 (Bernama) -- PerkyPet AI, the veterinary-built artificial intelligence (AI) platform for proactive pet health, has appointed veteran technology leader Jamal Jackson as Global Head of Applied AI.
