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RM500 mln to RM1.2 bln assets under management expected from family office scheme within first 5 years - Amir Hamzah

RM500 mln to RM1.2 bln assets under management expected from family office scheme within first 5 years - Amir Hamzah

The scheme is also a catalyst for human capital development and will bring about economic multiplier effects, Datuk Seri Amir Hamzah.
Tue Nov 05 2024
Russian billionaire Avdeev says he's sold up to spend more time with his 23 children

Russian billionaire Avdeev says he's sold up to spend more time with his 23 children

Roman Avdeev says he had sold his remaining stake in the Rossium Group holding and that he no longer held any assets in Russia
Fri Nov 01 2024
Govt plans to amend Land Acquisition Act to protect national assets, public interests - PM

Govt plans to amend Land Acquisition Act to protect national assets, public interests - PM

Govt wants to ensure that national assets and public interests are protected following land acquisition issues concerning the Duta Enclave.
Tue Oct 29 2024
Situation in South China Sea safe, under control - Adly

Situation in South China Sea safe, under control - Adly

Adly Zahari clarifies that reports of Chinese maritime assets near country's border mainly involve its Coast Guard, not its naval warships.
Mon Oct 21 2024
Federal govt records RM112.53 mln loss on disposal of astronautic shares - Audit report

Federal govt records RM112.53 mln loss on disposal of astronautic shares - Audit report

Astronautic Technology shares were sold for RM50,000, based on net present value after all assets and liabilities were zeroised.
Mon Oct 14 2024
Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.58 billion in the next 12 months.
Mon Sep 30 2024
Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.
Fri Aug 30 2024
Nenggiri polls: DPM Zahid willing to investigate claims BN uses gov't assets

Nenggiri polls: DPM Zahid willing to investigate claims BN uses gov't assets

Datuk Seri Dr Ahmad Zahid Hamidi urged those making the allegations to furnish evidence as required under the Election Commission Act.
Fri Aug 09 2024
Failure to declare assets: Daim applies to obtain MACC report

Failure to declare assets: Daim applies to obtain MACC report

Tun Daim Zainuddin requests MACC to produce report filed against him, which led to his asset declaration case, to help in his defence.
Thu Aug 08 2024
Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.
Wed Jul 31 2024
US govt to continue looking for 1MDB stolen assets, funds - Ambassador

US govt to continue looking for 1MDB stolen assets, funds - Ambassador

Edgard D. Kagan said the US govt is committed to doing what it could to return every cent of 1MDB money to the people of Malaysia.
Fri Jun 14 2024
Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

The EPF's overall investment assets stand at RM1.2 trillion, so these withdrawals are actually manageable, says CEO Ahmad Zulqarnain Onn.
Thu Jun 13 2024
Daim and family seek court order to lift freeze on accounts

Daim and family seek court order to lift freeze on accounts

Tun Daim Zainuddin and his family have filed for a judicial review to compel the MACC to unfreeze millions in assets
Tue Jun 11 2024
MACC grants further extension to Tun Mahathir's two sons to declare assets

MACC grants further extension to Tun Mahathir's two sons to declare assets

Tan Sri Azam Baki did not disclose the extension period granted to Tan Sri Mokhzani Mahathir and his brother Mirzan Mahathir.
Wed May 29 2024
What's Trump worth? A look at his assets and income

What's Trump worth? A look at his assets and income

Donald Trump faces a Monday deadline to post a bond covering a $454 million civil judgment against him in a New York state case.
Mon Mar 25 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024