Hartalega First Quarter Net Profit Jumps To RM70.03 Mln

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.

RCI: RM88 Bln Govt Guarantee Activated Only When TH Recovery Plan Falls Short

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). 

Gelam Tree And The Malaysian Economy

By M.Saraswathi

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.

SIA Group Posts S$76 Mln Net Loss In 1Q Despite Achieving Record Revenue

By Anas Abu Hassan

SINGAPORE, July 28 (Bernama) -- Singapore Airlines (SIA) Group posted a net loss of S$76 million (S$1=RM3.16) during the first quarter (1Q) ended June 30, 2026, compared to net profit of S$186 million in the same quarter of the preceding year. 

Govt Does Not Impose Price Control Mechanism For EV Charging, Encourages Private Sector Participation - MITI

KUALA LUMPUR, July 28 (Bernama) -- The government has not introduced any price control mechanism for public electric vehicle (EV) charging services. Instead, charging rates are determined by charging station operators based on their respective commercial considerations.

OECD Maintains Malaysia's 2026 Growth Forecast At 5 Pct, Citing Economic Resilience

PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.

Penang On Track To Achieve 10 Pct Renewable Energy Target By 2030 – Chow

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.

Ringgit Seen Trading At RM4.08-RM4.10 Against US Dollar Next Week Ahead Of Fed Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.

MITI To Continue To Engage With US As 10 Pct Forced Labour-Related Tariff On Malaysia Takes Effect

KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.

Approved Japanese E&E Investments Reach RM10.5 Bln Between 2021 And 2025 - MITI

KUALA LUMPUR, July 23 (Bernama) -- Approved Japanese investments in Malaysia's electrical and electronics (E&E) manufacturing sector totalled RM10.5 billion between 2021 and 2025, involving 46 projects that are expected to create 9,009 new jobs.

Kpler Analyst Warns Oil Prices Can Soar Above US$100 Per Barrel

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.

AM Best Retains Stable Outlook On South Korea's Non-Life Insurance

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, supported by enhanced regulatory frameworks and solid investment performance.