Kuala lumpur: Lembaga Tabung Haji (TH) has reported substantial financial setbacks, with losses amounting to nearly RM13 billion due to 14 problematic investments. Finance Minister II Datuk Seri Amir Hamzah Azizan disclosed that seven of these investm…
Kuala lumpur: The government risked assuming liabilities of about RM74.5 billion if a massive panic withdrawal, or ‘bank run’, had occurred in 2018, said Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan. He added that …
Kuala lumpur: Lembaga Tabung Haji (TH) is continuing its efforts to obtain the remaining arbitration award from Al-Rawda Real Estates Development and Project Management Co Ltd, a property developer and project management company based in Saudi Arabia….
Singapore: The Ministry of Trade and Industry (MTI) has raised Singapore’s 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.
According to BERNAMA News Agen…
Kuala lumpur: Lembaga Tabung Haji’s (TH) current financial status is stable and showing signs of strengthening, as its assets now exceed its liabilities, alongside an increase in depositors’ savings and an improved distribution rate, according to the …
Space42: Space42, a United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and South Korea’s Autonomous A2Z (A2Z) have signed a US$7 million commercial agreement to deploy Level-4 autonomous mobility solutions in the …