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.
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.
By Nur Fatin Mohmad Kadenen
MUAR, July 30 (Bernama) -- From a street stall with an initial profit of RM20, Muiz Hot Chicken has trailblazed, building a viable business that now has over 180 stalls and five restaurant outlets, with total sales reaching RM45 million to date.
KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.
KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.
GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.
KUALA LUMPUR, July 23 (Bernama) -- Savings generated from the targeted diesel subsidy mechanism are not being retained solely as a fiscal surplus, but are instead utilised to strengthen targeted assistance programmes, according to the Ministry of Finance (MOF).
KUALA LUMPUR, July 21 (Bernama) -- Lembaga Tabung Haji (TH) is in a much stronger financial position now compared with 2018 following continuous recovery and restructuring efforts.
KUALA LUMPUR, July 21 (Bernama) -- The Dewan Rakyat sitting, which was adjourned on July 16, 2026, saw the passage of the National Trust Fund (KWAN) Bill 2026 and the Statistics Bill 2026, aimed at strengthening more disciplined withdrawals and clearer governance, as well as establishing a more modern and comprehensive legal framework.
KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.
KUALA LUMPUR, July 17 (Bernama) -- Telekom Malaysia Bhd’s (TM) wholesale segment is expected to remain its key growth driver, supported by 5G fibre backhaul, data centre co-location and connectivity services, as well as the commissioning of new sub-sea cables, said RHB Investment Bank Bhd (RHB IB).
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
