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KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).
By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) investment in Putrajaya Perdana Bhd (PPB) and putting the then TH chairman as PPB chairman have dragged TH into 1Malaysia Development Bhd’s (1MDB) transactions, ultimately causing RM145.3 million in losses.
KUALA LUMPUR, Aug 11 (Bernama) – Lembaga Tabung Haji (TH) is continuing its efforts to obtain the remaining arbitration award from Saudi Arabia-based property developer and project management company Al-Rawda Real Estates Development & Project Management Co Ltd, including through asset tracing, after the company only paid 14.9 million Saudi riyal (one Saudi riyal = RM1.09) out of the 899 million Saudi riyal awarded.
KOTA KINABALU, Aug 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is encouraging Sabah entrepreneurs to participate in the Malaysia International Halal Exhibition (MIHAS) 2026 and register for the International Sourcing Programme (INSP) organised in conjunction with the exhibition.
..KUALA LUMPUR, Aug 6 (Bernama) -- Batu Kawan Bhd announced that its wholly owned subsidiary, Whitmore Holdings Sdn Bhd’s voluntary takeover offer for MKH Bhd has become unconditional after the former’s shareholders approved the proposed acquisition at the group's extraordinary general meeting (EGM) on Aug 5.
KUALA LUMPUR, Aug 6 (Bernama) -- Maybank Singapore Ltd today announced its participation in the Monetary Authority of Singapore's (MAS) borderless, liquid, open, online, multi-currency (BLOOM) initiative aimed at advancing next-generation, best-in-class cross-border payments and transaction banking infrastructure.
KUALA LUMPUR, Aug 5 (Bernama) -- Real estate brokerage company, eXp Realty announced that Ronival Real Estate, the leading transaction company in Baja California Sur, Mexico, has selected eXp Realty as its global platform.
KUALA LUMPUR, Aug 4 (Bernama) -- The Inland Revenue Board (IRB) has raised RM4.4 billion in additional tax assessments as of June 30, said its chief executive officer Datuk Dr Abu Tariq Jamaluddin.
KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
LABUAN, Aug 4 (Bernama) -- Financial institutions must adopt more intelligent, data-driven and risk-based compliance systems as financial crimes become increasingly digital, interconnected and difficult to trace.
