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
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024