| LATEST NEWS | TH’s financial problems could have been contained earlier if BNM warnings since 2014 had been properly addressed - Zulkifli | The government will not interfere or protect anyone; prosecution decisions rest entirely with the public prosecutor - MOF | The government stressed that TH’s losses resulting from financial and investment mismanagement before 2018 did not disappear - MOF | The government emphasises that TH depositors' savings are safe - MoF | Proposal to set up multi-agency task force to probe potentially loss-making TH investments being studied - Zulkifli | |
KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).
KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat today passed the National Trust Fund (KWAN) Bill 2026 which strengthens the legal basis of the fund through more consistent inflows, more disciplined disbursements and clearer governance and accountability.
By Hasnah Jusid
KULAI, July 16 (Bernama) -- Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm.
KUALA LUMPUR, July 16 (Bernama) -- Jabil Inc, a global leader in engineering, supply chain and manufacturing solutions, has opened its next-generation logistics hub in Penang to strengthen supply chain resilience.
KUALA LUMPUR, July 16 (Bernama) -- The fraud pressure continues to vary significantly by market, with the most notable shift occurring across the Middle East and Africa, according to Accertify's second quarter (Q2) Global Air Travel Fraud Report.
KUALA LUMPUR, July 16 (Bernama) -- The government has assured that it will only approve data centre projects after ensuring that energy and water supply capacity is sufficient to meet the needs of the people and local industries.
KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.
KUALA LUMPUR, July 16 (Bernama) -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.
KUALA LUMPUR, July 16 (Bernama) -- CIMB Islamic Bank Bhd and Cagamas Bhd have partnered to execute three landmark transactions totalling RM650 million comprising Malaysia's first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (Sukuk), Islamic Profit Rate Swap (IPRS) and Islamic Asset Purchase Transaction.
KUALA LUMPUR, July 16 (Bernama) -- CIMB Securities Sdn Bhd has maintained its ‘neutral’ call on the property sector, particularly in Johor, following the contested state election, as the outcome provides a clear mandate for the new administration to ensure development continuity.
KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.
