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