| 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 | |
KUALA LUMPUR, June 25 (Bernama) -- The Institute of Corporate Directors Malaysia (ICDM) and the Malaysian Institute of Corporate Governance (MICG) said they have consolidated their mandates to create a unified platform for corporate governance and director development in Malaysia.
By Siti Radziah Hamzah
KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.
KUALA LUMPUR, June 24 (Bernama) -- The government, in collaboration with the Securities Commission Malaysia (SC), remains committed to developing a comprehensive Islamic finance ecosystem to attract investors, particularly from Russia.
KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today hosted the MIDA-GreatAsic Value Chain Programme, highlighting a strategic collaboration between GreatAsic Technology Sdn Bhd and Xenith Technology (Malaysia) Sdn Bhd to strengthen Malaysia’s semiconductor design capabilities.
KUALA LUMPUR, June 24 (Bernama) -- Ateios Systems, a United States (US)-based advanced battery electrode manufacturer, announced that its full RaiCore composite portfolio has been certified per- and polyfluoroalkyl substances (PFAS)-Free by Intertek Sustainability.
KUALA LUMPUR, June 24 (Bernama) -- Malaysia must position itself as an active participant in the rapidly emerging low altitude economy (LAE) sector, which could potentially be the new growth engine, Transport Minister Anthony Loke said today.
SHAH ALAM, June 23 (Bernama) -- The Selangor State Development Corporation (PKNS), through its subsidiary, Selangor Industrial Corporation Sdn Bhd (SIC), has signed a Joint Venture Agreement (JVA) with Data Centre Union Sdn Bhd (DC Union) to develop a high-tech data centre in Cyberjaya.
KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.
KUALA LUMPUR, June 22 (Bernama) -- Sime Darby Property Bhd’s second real estate development fund, New Economy Venture (NEV), has launched a sukuk wakalah programme of up to RM2.6 billion in nominal value via its subsidiary, Sime Darby Property NEV (Holdings) Sdn Bhd
KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.
KUALA LUMPUR, June 19 (Bernama) -- Integrated marketing and branding services provider SBS Nexus Bhd does not view the rapid adoption of artificial intelligence (AI) as a threat to its business, but rather as an opportunity to improve efficiency and deliver greater value to clients.
KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.
