Kha, Jun

KUALA LUMPUR - Tabung Haji, in a move to secure recurring and sustainable returns, plans to invest in infrastructure and concession businesses locally and overseas. 

Its group managing director and chief executive officer (CEO) Datuk Johan Abdullah said given the expected large initial investment, Tabung Haji hoped to collaborate with other government-linked investment companies (GLICs) in these ventures. 

The new focus is one of the changes Johan is undertaking since taking over the helm of Tabung Haji on July 1. 

Tabung Haji, the only Islamic investment company and pilgrims fund of its kind in the world, currently has a fund size of RM64.7 billion. 

“We have to tweak our investment approach to make it more sustainable, whereby we can have recurring income every year and don’t have to wait for corporate exercises. 

“Concessions will provide a steady cash flow. No big deal in the initial years, very huge amount of capital outlay, but it is quite steady,” said Johan in an exclusive interview with the Media Prima group recently. 

Johan, who described leading the pilgrims fund as a blessing and huge responsibility, said from an investment perspective, the keywords he had been

ASHGABAT - Malaysia is on track to achieving the global sustainable development goals (SDG) agenda, particularly in the transport sector, based on the country’s current development strategies and goals.

Deputy Transport Minister Datuk Ab. Aziz Kaprawi said in supporting the SDG agenda on climate change, Malaysia was committed to reducing greenhouse gas emissions by up to 43 per cent by 2030. 

“The commitment is conditional to technology transfer and financial support from developed

KUALA LUMPUR - A police barricade stopped 250 protesters who had gathered to demand the release of Bersih 2.0 chairman Maria Chin Abdullah from entering Parliament.

A number of representatives were however allowed in. They included Former Women's Aid Organisation head Ivy Josiah. 

Earlier, Ampang PKR Member of Parliament Zuraida Kamaruddin also went in after marching with the group, which had earlier gathered at Padang Merbok. 

They started walking from Padang Merbok at 10.45am and reached

KANGAR: Perlis Mufti Datuk Dr Mohd Asri Zainul Abidin has urged the Malaysian football team to withdraw its participation in the Asean Football Federation (AFF) Championship 2016, which is hosted in Myanmar. 

The move, he said, was to protest against the Myanmar government's extreme cruelty against the Rohingya community in the country. 

"Together with all Malaysians who are concerned with the plight of the oppressed Rohingya community, I would like to urge the football team representing this

KUALA LUMPUR - The High Court here will hear next Tuesday a habeas corpus application by Bersih 2.0 chairman Maria Chin Abdullah (pic) who is challenging her detention under the Security Offences and Special Measures Act (Sosma) 2012.

Maria's counsel Prof Gurdial Singh Nijar told reporters Thursday that four respondents had asked for seven days to reply to the affidavit-in-support of Maria's son Azumin Mohamad Yunus, 23.

Gurdial said they had applied for Maria to be allowed to attend the

GEORGE TOWN - A DAP assemblyman has called on Penang Chief Minister Lim Guan Eng to withdraw from chairing the State Planning Committee (SPC) or Land Committee pending his corruption trial.

"Usually, we urge a politician to take leave while allowing investigations on the charges against him to be completed. If such a suggestion is difficult to accept, then a more progressive step can be taken where, for the sake of justice, the leader is advised to not chair and manage things in the SPC or

KUALA LUMPUR - After 18 days of debate, Budget 2017 was passed at the Dewan Rakyat on Tuesday night.

At the end of the final winding-up speech by the Higher Education Ministry, Budget 2017 was passed at the committee stage following a bloc vote.

Finance Minister II Datuk Johari Abdul Ghani had tabled the RM260.8bil Supply Bill for its third and final reading.

The Opposition then attempted to scuttle the budget when Deputy Speaker Datuk Ronald Kiandee called for a voice vote.

Kiandee then

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