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PM Anwar directs Khazanah to audit RM43.9 Mln FashionValet investment loss

PM Anwar directs Khazanah to audit RM43.9 Mln FashionValet investment loss

Prime Minister Datuk Seri Anwar Ibrahim has instructed Khazanah Nasional Berhad (Khazanah) to conduct an internal audit following the RM43.9 million investment loss in FashionValet
Sat Nov 02 2024
High Court to deliver key decision in Najib's 1MDB case today

High Court to deliver key decision in Najib's 1MDB case today

Datuk Seri Najib Tun Razak faces charges related to funds from 1Malaysia Development Berhad.
Wed Oct 30 2024
Sinkhole at Bunga Raya complex suspected to be caused by sewage pipe leak

Sinkhole at Bunga Raya complex suspected to be caused by sewage pipe leak

A one-metre deep sinkhole at the entrance to the Bunga Raya Complex, KLIA, is suspected to have been caused by a sewage pipe leak.
Wed Sep 25 2024
Pharmaniaga launches Malaysia's first locally owned biopharmaceutical plant

Pharmaniaga launches Malaysia's first locally owned biopharmaceutical plant

Datuk Seri Mohamed Khaled Nordin said the plant would reduce the dependence on imported biopharmaceuticals.
Thu Sep 19 2024
Nuren Group achieves listing status, a milestone under MDV’s Venture Debt Programme

Nuren Group achieves listing status, a milestone under MDV’s Venture Debt Programme

The IPO offering was oversubscribed by AUD 100,000, with total funds raised amounting to AUD 700,000.
Thu Sep 05 2024
Malaysia recorded more than 1.4 mln arrivals from China as of June this year

Malaysia recorded more than 1.4 mln arrivals from China as of June this year

The introduction of visa-free entry for Chinese travellers has spurred inquiries and bookings to Malaysia from China.
Tue Aug 27 2024
Hamzah Zainudin's son's graft trial to be heard before new judge

Hamzah Zainudin's son's graft trial to be heard before new judge

Judge Rozina Ayob, who has been presiding over the case, announced that she will be transferred on Aug 15.
Thu Aug 08 2024
Wan Ahmad Fayhsal given a six-month suspension from Dewan Rakyat

Wan Ahmad Fayhsal given a six-month suspension from Dewan Rakyat

Wan Ahmad Fayhsal's Dewan Rakyat suspension follows his reference to an anonymous letter about alleged mastermind behind takeover of MAHB.
Thu Jul 18 2024
High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

Datuk Jovian Mandagie was sued separately by the two companies for allegedly failing to repay their friendly loans of RM5 million each.
Thu Jul 11 2024
Ahmad Zahid committed to addressing FELCRA debts, studying PAC's recommendations

Ahmad Zahid committed to addressing FELCRA debts, studying PAC's recommendations

Datuk Seri Dr Ahmad Zahid Hamidi said a committee had been formed to study the recommendations, put forward by PAC to resolve the issue.
Mon Jul 08 2024
GIP willing to relinquish stake in Malaysia airports within a short period - Amir Hamzah

GIP willing to relinquish stake in Malaysia airports within a short period - Amir Hamzah

Datuk Seri Amir Hamzah Azizan said GIP was chosen from hundreds of companies based on stringent criteria.
Wed Jul 03 2024
Hamzah Zainudin's son claims trial to accepting bribe of RM100,000

Hamzah Zainudin's son claims trial to accepting bribe of RM100,000

Court allows Muhammad Faisal Hamzah bail of RM25,000.
Wed Jun 05 2024
Rapid Rail records over one million passengers, highest in history

Rapid Rail records over one million passengers, highest in history

According to Rapid Rail, the public transport operator hit their target six months earlier than expected.
Fri May 31 2024
GIP will not directly manage Malaysia's airport operator, Khazanah chief says

GIP will not directly manage Malaysia's airport operator, Khazanah chief says

Khazanah Nasional MD Amirul Feisal Wan Zahir also said there would be no layoffs of MAHB's current employees following completion of the deal.
Mon May 27 2024
1MDB trial: Four countries did not cooperate with request to record conversations - witness

1MDB trial: Four countries did not cooperate with request to record conversations - witness

A witness said Switzerland, Barbados, Hong Kong and the Netherlands did not provide any responses or feedback to assist in 1MDB investigations.
Mon Feb 26 2024
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024