| 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 | |
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.
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Thursday, driven by stronger Chicago Board of Trade (CBOT) soybean oil prices.
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 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.
KUALA LUMPUR, July 15 (Bernama) -- Countries bordering the Strait of Melaka must embark on a multinational defence cooperation by conducting stress tests and simulations in the strait to better prepare for potential geopolitical crises, an analyst said.
KUALA LUMPUR, July 14 (Bernama) -- The government does not intend to reverse the recently announced new rules for importing completely built-up (CBU) electric vehicles (EVs), according to the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, July 14 (Bernama) -- Food & Drinks Malaysia by SIAL (FDM2026), to be held from July 21-23, 2026, is set to elevate Malaysia as ASEAN’s premier food and beverage hub.
KUALA LUMPUR, July 14 (Bernama) -- Dialog Group Bhd is poised to remain highly resilient in a volatile environment, particularly amid the West Asia conflict, thanks to its diversified business model, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, July 13 (Bernama) -- The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the Ministry of Investment, Trade and Industry (MITI) and the Economy Ministry should examine them.
By Danni Haizal Danial Donald
KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.
KUALA LUMPUR, July 13 (Bernama) -- Six Arm technology access tokens or approvals have been offered to four Malaysian companies, comprising three Arm Compute Subsystems accesses and three Arm Flexible Access licences, as of today, said Economy Minister Akmal Nasrullah Mohd Nasir.
