| 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, July 23 (Bernama) -- MBSB Bhd via its wholly owned subsidiary Malaysian Industrial Development Finance Bhd has divested its 100 per cent equity interest in MIDF Amanah Asset Management Bhd (MAAM) to Tortoise Works Sdn Bhd.
KUALA LUMPUR, July 23 (Bernama) -- AME Real Estate Investment Trust (AME REIT) is acquiring three parcels of vacant freehold industrial land measuring a combined 3.59 hectares at i-Park @ Senai Airport City, Johor, for RM50.2 million, marking its first third-party acquisition since its listing.
KUALA LUMPUR, July 23 (Bernama) -- The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) today signed a memorandum of understanding (MoU) to establish a practical framework to facilitate dual initial public offering (IPO) listings, including primary and secondary listings, mutual recognition of investment funds, and expanded cross-border investment opportunities.
KUALA LUMPUR, July 23 (Bernama) -- Trinity Group has collaborated with Hamilton Reserve Bank to support international entrepreneurs and businesses seeking to establish a Nevis International Business Company (IBC), offering a streamlined pathway from company formation to international banking.
KUALA LUMPUR, July 23 (Bernama) -- Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).
KUALA LUMPUR, July 23 (Bernama) -- Malaysia's manufacturing sector has continued to strengthen under the New Industrial Master Plan 2030 (NIMP 2030), with its gross value-added increasing 5.9 per cent in the first quarter of 2026 (1Q 2026), two years after the policy's implementation.
By Nik Nurfaqih Nik Wil
JAKARTA, July 23 (Bernama) -- Indonesia’s newly established export entity Danantara Sumberdaya Indonesia (DSI) is expected to have only a limited near-term impact on the country’s economy and commodity export market, easing concerns over major changes to strategic commodity exports.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened firmer on Thursday, tracking regional peers, as upbeat earnings from global technology (tech) companies spilt over to local tech stocks.
KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.
KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).
KUALA LUMPUR, July 22 (Bernama) -- Credit scoring firm CTOS Digital Bhd has proposed to dispose of a 10 per cent equity stake in Juris Technologies Sdn Bhd to Natsoft (M) Sdn Bhd for RM50 million cash, reducing its shareholding in the software developer to 39 per cent from 49 per cent.
PUTRAJAYA, July 22 (Bernama) -- The World Bank remains committed to supporting Malaysia as it advances its digital transformation agenda by sharing international experience, providing analytical support, facilitating knowledge exchange and working alongside the government to turn recommendations into action.
