Swiss court convicts two executives over $1.8 billion 1MDB fraud
Prosecutors alleged the duo helped set up joint venture with 1MDB by falsely claiming their company, PetroSaudi, was backed by Saudi Arabia.
Thu Aug 29 2024
PM meets with Grab founder, briefed on GX Bank's RM1.5 bln investment plan
GX Bank Bhd is a digital bank in Malaysia through a joint venture between Grab Holdings Ltd and Singapore Telecommunications Ltd (Singtel).
Wed Feb 28 2024
1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness
The discussion did not involve high-ranking govt officials, even though the govt had to bear the loans with issuance of full guarantees.
Fri Jan 05 2024
Apex Court rules no development in Taman Rimba Kiara
The alienation of the land to YWP in conjunction with the joint venture agreement with Memang Perkasa would entail a change in land use.
Tue Apr 18 2023
Man charged with cheating a company owner of RM100,000
Fariz Fadila is alleged to have offered for a joint venture project with the company, prompting the owner to hand over money to him.
Thu Oct 27 2022
India-Russia joint venture hopes for $5 bln in supersonic missile exports by 2025
BrahMos Aerospace is in discussions with Indonesia, Malaysia and Vietnam for new orders, chairman Atul D Rane said.
Wed Oct 19 2022
Malaysia-US discuss joint ventures to enhance capabilities of RMAF - Hishammuddin
Hishammuddin said that in total the US has contributed more than US$200 million (RM920 million) to bolster Malaysia's defence capabilities.
Thu Oct 06 2022
Ex-1MDB CEO never entertained MOF Inc's requests for documents on JV deal with PSI - Witness
A witness told the High Court that the former 1MDB CEO had never entertained requests from MoF Inc to get the documents on the 1MDB-PSI joint venture.
Thu Aug 25 2022
Kedah MB: ECK no longer part of Kulim airport project
Muhammad Sanusi Md Nor announced that the ECK Group of Companies (ECK) is no longer involved in a joint venture with the state government to develop the Kulim International Airport (KXP) project.
Wed Jul 13 2022
Najib had decision-making power in 1MDB, not me, says Ahmad Husni
Ahmad Husni said this was evident when Najib went ahead with the 1MDB joint-venture project with PetroSaudi despite the concerns raised.
Thu Jun 23 2022
Deutsche Bank pressed to accelerate US$1 billion transfer as Najib wanted to make press statement
The High Court was told that Deutsche Bank persistently pressed to speed up the transfer of US$1 billion from 1MDB as Najib wanted to make a press statement on the 1MDB-PSI joint-venture project.
Tue Jun 21 2022
Najib told me to focus on 1MDB-PSI deal, not past transactions - Former 1MDB chairman
Tan Sri Mohd Bakke Salleh told the High Court that Najib Razak told him via phone to not spend too much time looking at past transactions and to just focus on a proposed 1MDB-PSI joint venture.
Fri Apr 01 2022
Malaysia says recovered 1MDB funds only enough to pay debt principal for 2022
1MDB raised billions of dollars in bonds, ostensibly for investment projects and joint ventures, between 2009 and 2013.
Thu Jan 13 2022
Najib didn't reply to my SMS regarding US$700 million diversion - Witness
The High Court today was told that Najib Razak did not reply to a text message informing him about a US$700 million diversion which was originally intended for a joint venture between 1MDB and PSI.
Wed Dec 22 2021
Tarek Obaid causes US$120 mln linked to 1MDB to be transferred into escrow account - Prosecution
Tarek Obaid had absolute control over the company's accounts and has purportedly caused some US$120 million from 1MDB and PSI joint venture company to be transferred into an escrow account.
Mon Dec 06 2021
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
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
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 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
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 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
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
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
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
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024